Trend of Rental Yield in Levy County, Florida

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: Levy County under performed than Florida by -4.5
• % Change Population: Levy County under performed than US by -1.7
• CAGR Population: Levy County under performed than state by -0.8
• CAGR Population: Levy County under performed than US by -0.3
• % Change Median Gross Rent: Levy County out performed than Florida by 4.7
• % Change Median Gross Rent: Levy County under performed than US by -1.6
• CAGR Median Gross Rent: Levy County out performed than state by 0.7
• CAGR Median Gross Rent: Levy County under performed than US by -0.2
• % Change Home Value: Levy County out performed than Florida by 7.8
• % Change Home Value: Levy County under performed than US by -13.3
• CAGR Home Value: Levy County out performed than state by 1.5
• CAGR Home Value: Levy County under performed than US by -2.5
• % Change Rental Yield: Levy County under performed than Florida by -7.7
• % Change Rental Yield: Levy County out performed than US by 17.0
• CAGR Rental Yield: Levy County under performed than state by -1.0
• CAGR Rental Yield: Levy County out performed than US by 2.3

County	Levy County
Population 2015	39,821
Population 2009	38,555
Population % change	3.3
Population change rank compared to US	1,254
Population change rank compared to Florida	45
Median Gross Rent 2015	671
Median Gross Rent 2009	599
Median Gross Rent % change	12.0
Median Gross Rent change rank compared to US	1,953
Median Gross Rent change rank compared to Florida	17
Home Value 2015	88,600
Home Value 2009	106,700
Home Value % change	-17.0
Home Value change rank compared to US	2,962
Home Value change rank compared to Florida	20
Rental Yield 2015	9.1
Rental Yield 2009	6.7
Rental Yield % change	34.9
Rental Yield change rank compared to US	240
Rental Yield change rank compared to Florida	40