Trend of Rental Yield in Maui County, Hawaii

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: Maui County out performed than Hawaii by 3.3
• % Change Population: Maui County out performed than US by 8.1
• CAGR Population: Maui County out performed than state by 0.5
• CAGR Population: Maui County out performed than US by 1.3
• % Change Median Gross Rent: Maui County under performed than Hawaii by -14.9
• % Change Median Gross Rent: Maui County under performed than US by -10.7
• CAGR Median Gross Rent: Maui County under performed than state by -2.3
• CAGR Median Gross Rent: Maui County under performed than US by -1.6
• % Change Home Value: Maui County under performed than Hawaii by -14.7
• % Change Home Value: Maui County under performed than US by -12.3
• CAGR Home Value: Maui County under performed than state by -2.6
• CAGR Home Value: Maui County under performed than US by -2.2
• % Change Rental Yield: Maui County out performed than Hawaii by 3.2
• % Change Rental Yield: Maui County out performed than US by 4.4
• CAGR Rental Yield: Maui County out performed than state by 0.4
• CAGR Rental Yield: Maui County out performed than US by 0.6

County	Maui County
Population 2015	160,863
Population 2009	142,196
Population % change	13.1
Population change rank compared to US	210
Population change rank compared to Hawaii	1
Median Gross Rent 2015	1,287
Median Gross Rent 2009	1,251
Median Gross Rent % change	2.9
Median Gross Rent change rank compared to US	2,868
Median Gross Rent change rank compared to Hawaii	4
Home Value 2015	509,700
Home Value 2009	606,200
Home Value % change	-15.9
Home Value change rank compared to US	2,945
Home Value change rank compared to Hawaii	2
Rental Yield 2015	3.0
Rental Yield 2009	2.5
Rental Yield % change	22.4
Rental Yield change rank compared to US	566
Rental Yield change rank compared to Hawaii	3