Trend of Rental Yield in Rich County, Utah

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: Rich County out performed than Utah by 1.4
• % Change Population: Rich County out performed than US by 5.9
• CAGR Population: Rich County out performed than state by 0.2
• CAGR Population: Rich County out performed than US by 0.9
• % Change Median Gross Rent: Rich County under performed than Utah by -25.7
• % Change Median Gross Rent: Rich County under performed than US by -22.6
• CAGR Median Gross Rent: Rich County under performed than state by -4.2
• CAGR Median Gross Rent: Rich County under performed than US by -3.7
• % Change Home Value: Rich County out performed than Utah by 28.6
• % Change Home Value: Rich County out performed than US by 36.0
• CAGR Home Value: Rich County out performed than state by 4.2
• CAGR Home Value: Rich County out performed than US by 5.4
• % Change Rental Yield: Rich County under performed than Utah by -43.8
• % Change Rental Yield: Rich County under performed than US by -49.2
• CAGR Rental Yield: Rich County under performed than state by -8.1
• CAGR Rental Yield: Rich County under performed than US by -8.9

County	Rich County
Population 2015	2,292
Population 2009	2,067
Population % change	10.9
Population change rank compared to US	321
Population change rank compared to Utah	12
Median Gross Rent 2015	614
Median Gross Rent 2009	675
Median Gross Rent % change	-9.0
Median Gross Rent change rank compared to US	3,094
Median Gross Rent change rank compared to Utah	28
Home Value 2015	173,500
Home Value 2009	131,100
Home Value % change	32.3
Home Value change rank compared to US	183
Home Value change rank compared to Utah	3
Rental Yield 2015	4.2
Rental Yield 2009	6.2
Rental Yield % change	-31.3
Rental Yield change rank compared to US	3,109
Rental Yield change rank compared to Utah	29