Trend of Rental Yield in Simpson County, Kentucky

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: Simpson County out performed than Kentucky by 0.7
• % Change Population: Simpson County under performed than US by -0.9
• CAGR Population: Simpson County out performed than state by 0.1
• CAGR Population: Simpson County under performed than US by -0.1
• % Change Median Gross Rent: Simpson County under performed than Kentucky by -13.0
• % Change Median Gross Rent: Simpson County under performed than US by -11.0
• CAGR Median Gross Rent: Simpson County under performed than state by -2.0
• CAGR Median Gross Rent: Simpson County under performed than US by -1.7
• % Change Home Value: Simpson County under performed than Kentucky by -3.3
• % Change Home Value: Simpson County out performed than US by 9.3
• CAGR Home Value: Simpson County under performed than state by -0.5
• CAGR Home Value: Simpson County out performed than US by 1.5
• % Change Rental Yield: Simpson County under performed than Kentucky by -9.0
• % Change Rental Yield: Simpson County under performed than US by -20.8
• CAGR Rental Yield: Simpson County under performed than state by -1.5
• CAGR Rental Yield: Simpson County under performed than US by -3.3

County	Simpson County
Population 2015	17,704
Population 2009	17,001
Population % change	4.1
Population change rank compared to US	1,073
Population change rank compared to Kentucky	32
Median Gross Rent 2015	641
Median Gross Rent 2009	625
Median Gross Rent % change	2.6
Median Gross Rent change rank compared to US	2,875
Median Gross Rent change rank compared to Kentucky	111
Home Value 2015	116,800
Home Value 2009	110,600
Home Value % change	5.6
Home Value change rank compared to US	1,797
Home Value change rank compared to Kentucky	88
Rental Yield 2015	6.6
Rental Yield 2009	6.8
Rental Yield % change	-2.9
Rental Yield change rank compared to US	2,464
Rental Yield change rank compared to Kentucky	92