Trend of Rental Yield in Polk County, Missouri

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

1. Median Gross Rent
2. Median Home Value

 

Our key findings

• % Change Population: Polk County out performed than Missouri by 1.4
• % Change Population: Polk County under performed than US by -1.2
• CAGR Population: Polk County out performed than state by 0.2
• CAGR Population: Polk County under performed than US by -0.2
• % Change Median Gross Rent: Polk County out performed than Missouri by 1.2
• % Change Median Gross Rent: Polk County out performed than US by 2.4
• CAGR Median Gross Rent: Polk County out performed than state by 0.2
• CAGR Median Gross Rent: Polk County out performed than US by 0.4
• % Change Home Value: Polk County out performed than Missouri by 3.6
• % Change Home Value: Polk County out performed than US by 10.2
• CAGR Home Value: Polk County out performed than state by 0.6
• CAGR Home Value: Polk County out performed than US by 1.7
• % Change Rental Yield: Polk County under performed than Missouri by -2.6
• % Change Rental Yield: Polk County under performed than US by -9.0
• CAGR Rental Yield: Polk County under performed than state by -0.4
• CAGR Rental Yield: Polk County under performed than US by -1.4

County	Polk County
Population 2015	31,107
Population 2009	29,983
Population % change	3.7
Population change rank compared to US	1,160
Population change rank compared to Missouri	35
Median Gross Rent 2015	646
Median Gross Rent 2009	557
Median Gross Rent % change	16.0
Median Gross Rent change rank compared to US	1,342
Median Gross Rent change rank compared to Missouri	61
Home Value 2015	114,600
Home Value 2009	107,600
Home Value % change	6.5
Home Value change rank compared to US	1,708
Home Value change rank compared to Missouri	60
Rental Yield 2015	6.8
Rental Yield 2009	6.2
Rental Yield % change	8.9
Rental Yield change rank compared to US	1,407
Rental Yield change rank compared to Missouri	58