Trend of Rental Yield in Ness County, Kansas

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: Ness County out performed than Kansas by 0.2
• % Change Population: Ness County under performed than US by -0.7
• CAGR Population: Ness County under performed than state by 0.0
• CAGR Population: Ness County under performed than US by -0.1
• % Change Median Gross Rent: Ness County out performed than Kansas by 14.6
• % Change Median Gross Rent: Ness County out performed than US by 17.1
• CAGR Median Gross Rent: Ness County out performed than state by 2.1
• CAGR Median Gross Rent: Ness County out performed than US by 2.5
• % Change Home Value: Ness County out performed than Kansas by 26.1
• % Change Home Value: Ness County out performed than US by 41.2
• CAGR Home Value: Ness County out performed than state by 3.7
• CAGR Home Value: Ness County out performed than US by 6.1
• % Change Rental Yield: Ness County under performed than Kansas by -9.2
• % Change Rental Yield: Ness County under performed than US by -22.9
• CAGR Rental Yield: Ness County under performed than state by -1.5
• CAGR Rental Yield: Ness County under performed than US by -3.6

County	Ness County
Population 2015	3,077
Population 2009	2,949
Population % change	4.3
Population change rank compared to US	1,036
Population change rank compared to Kansas	22
Median Gross Rent 2015	575
Median Gross Rent 2009	440
Median Gross Rent % change	30.7
Median Gross Rent change rank compared to US	290
Median Gross Rent change rank compared to Kansas	22
Home Value 2015	67,100
Home Value 2009	48,800
Home Value % change	37.5
Home Value change rank compared to US	141
Home Value change rank compared to Kansas	11
Rental Yield 2015	10.3
Rental Yield 2009	10.8
Rental Yield % change	-5.0
Rental Yield change rank compared to US	2,605
Rental Yield change rank compared to Kansas	78