Trend of Rental Yield in Marion County, Indiana

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: Marion County out performed than Indiana by 1.8
• % Change Population: Marion County out performed than US by 0.4
• CAGR Population: Marion County out performed than state by 0.3
• CAGR Population: Marion County out performed than US by 0.1
• % Change Median Gross Rent: Marion County out performed than Indiana by 1.5
• % Change Median Gross Rent: Marion County under performed than US by -1.0
• CAGR Median Gross Rent: Marion County out performed than state by 0.2
• CAGR Median Gross Rent: Marion County under performed than US by -0.1
• % Change Home Value: Marion County under performed than Indiana by -6.0
• % Change Home Value: Marion County out performed than US by 1.0
• CAGR Home Value: Marion County under performed than state by -0.9
• CAGR Home Value: Marion County out performed than US by 0.2
• % Change Rental Yield: Marion County out performed than Indiana by 8.2
• % Change Rental Yield: Marion County under performed than US by -2.3
• CAGR Rental Yield: Marion County out performed than state by 1.2
• CAGR Rental Yield: Marion County under performed than US by -0.4

County	Marion County
Population 2015	926,335
Population 2009	878,881
Population % change	5.4
Population change rank compared to US	854
Population change rank compared to Indiana	14
Median Gross Rent 2015	788
Median Gross Rent 2009	700
Median Gross Rent % change	12.6
Median Gross Rent change rank compared to US	1,863
Median Gross Rent change rank compared to Indiana	40
Home Value 2015	118,300
Home Value 2009	121,500
Home Value % change	-2.6
Home Value change rank compared to US	2,453
Home Value change rank compared to Indiana	78
Rental Yield 2015	8.0
Rental Yield 2009	6.9
Rental Yield % change	15.6
Rental Yield change rank compared to US	899
Rental Yield change rank compared to Indiana	23