Trend of Rental Yield in Bossier Parish, Louisiana

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: Bossier Parish out performed than Louisiana by 8.7
• % Change Population: Bossier Parish out performed than US by 8.5
• CAGR Population: Bossier Parish out performed than state by 1.3
• CAGR Population: Bossier Parish out performed than US by 1.3
• % Change Median Gross Rent: Bossier Parish out performed than Louisiana by 14.7
• % Change Median Gross Rent: Bossier Parish out performed than US by 18.0
• CAGR Median Gross Rent: Bossier Parish out performed than state by 2.1
• CAGR Median Gross Rent: Bossier Parish out performed than US by 2.6
• % Change Home Value: Bossier Parish out performed than Louisiana by 6.6
• % Change Home Value: Bossier Parish out performed than US by 29.1
• CAGR Home Value: Bossier Parish out performed than state by 0.9
• CAGR Home Value: Bossier Parish out performed than US by 4.4
• % Change Rental Yield: Bossier Parish out performed than Louisiana by 6.6
• % Change Rental Yield: Bossier Parish under performed than US by -12.9
• CAGR Rental Yield: Bossier Parish out performed than state by 1.1
• CAGR Rental Yield: Bossier Parish under performed than US by -2.0

County	Bossier Parish
Population 2015	123,403
Population 2009	108,722
Population % change	13.5
Population change rank compared to US	196
Population change rank compared to Louisiana	4
Median Gross Rent 2015	895
Median Gross Rent 2009	680
Median Gross Rent % change	31.6
Median Gross Rent change rank compared to US	266
Median Gross Rent change rank compared to Louisiana	7
Home Value 2015	154,100
Home Value 2009	122,900
Home Value % change	25.4
Home Value change rank compared to US	332
Home Value change rank compared to Louisiana	9
Rental Yield 2015	7.0
Rental Yield 2009	6.6
Rental Yield % change	5.0
Rental Yield change rank compared to US	1,778
Rental Yield change rank compared to Louisiana	26