Trend of Rental Yield in Albany County, Wyoming

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: Albany County out performed than Wyoming by 3.2
• % Change Population: Albany County out performed than US by 8.9
• CAGR Population: Albany County out performed than state by 0.5
• CAGR Population: Albany County out performed than US by 1.4
• % Change Median Gross Rent: Albany County under performed than Wyoming by -8.3
• % Change Median Gross Rent: Albany County out performed than US by 2.0
• CAGR Median Gross Rent: Albany County under performed than state by -1.2
• CAGR Median Gross Rent: Albany County out performed than US by 0.3
• % Change Home Value: Albany County under performed than Wyoming by -0.8
• % Change Home Value: Albany County out performed than US by 22.1
• CAGR Home Value: Albany County under performed than state by -0.1
• CAGR Home Value: Albany County out performed than US by 3.5
• % Change Rental Yield: Albany County under performed than Wyoming by -6.3
• % Change Rental Yield: Albany County under performed than US by -20.3
• CAGR Rental Yield: Albany County under performed than state by -1.0
• CAGR Rental Yield: Albany County under performed than US by -3.2

County	Albany County
Population 2015	37,565
Population 2009	32,985
Population % change	13.9
Population change rank compared to US	186
Population change rank compared to Wyoming	5
Median Gross Rent 2015	727
Median Gross Rent 2009	629
Median Gross Rent % change	15.6
Median Gross Rent change rank compared to US	1,402
Median Gross Rent change rank compared to Wyoming	18
Home Value 2015	216,100
Home Value 2009	182,500
Home Value % change	18.4
Home Value change rank compared to US	661
Home Value change rank compared to Wyoming	15
Rental Yield 2015	4.0
Rental Yield 2009	4.1
Rental Yield % change	-2.4
Rental Yield change rank compared to US	2,423
Rental Yield change rank compared to Wyoming	13