Trend of Rental Yield in Thurston County, Washington

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: Thurston County out performed than Washington by 1.8
• % Change Population: Thurston County out performed than US by 4.8
• CAGR Population: Thurston County out performed than state by 0.3
• CAGR Population: Thurston County out performed than US by 0.8
• % Change Median Gross Rent: Thurston County under performed than Washington by -1.8
• % Change Median Gross Rent: Thurston County out performed than US by 3.5
• CAGR Median Gross Rent: Thurston County under performed than state by -0.2
• CAGR Median Gross Rent: Thurston County out performed than US by 0.6
• % Change Home Value: Thurston County out performed than Washington by 2.8
• % Change Home Value: Thurston County under performed than US by -0.1
• CAGR Home Value: Thurston County out performed than state by 0.5
• CAGR Home Value: Thurston County under performed than US by 0.0
• % Change Rental Yield: Thurston County under performed than Washington by -5.5
• % Change Rental Yield: Thurston County out performed than US by 3.7
• CAGR Rental Yield: Thurston County under performed than state by -0.8
• CAGR Rental Yield: Thurston County out performed than US by 0.5

County	Thurston County
Population 2015	262,723
Population 2009	239,248
Population % change	9.8
Population change rank compared to US	389
Population change rank compared to Washington	9
Median Gross Rent 2015	1,054
Median Gross Rent 2009	900
Median Gross Rent % change	17.1
Median Gross Rent change rank compared to US	1,205
Median Gross Rent change rank compared to Washington	20
Home Value 2015	239,400
Home Value 2009	248,700
Home Value % change	-3.7
Home Value change rank compared to US	2,521
Home Value change rank compared to Washington	27
Rental Yield 2015	5.3
Rental Yield 2009	4.3
Rental Yield % change	21.7
Rental Yield change rank compared to US	594
Rental Yield change rank compared to Washington	13