Trend of Rental Yield in Grant 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: Grant Parish out performed than Louisiana by 8.2
• % Change Population: Grant Parish out performed than US by 8.0
• CAGR Population: Grant Parish out performed than state by 1.3
• CAGR Population: Grant Parish out performed than US by 1.3
• % Change Median Gross Rent: Grant Parish under performed than Louisiana by -1.9
• % Change Median Gross Rent: Grant Parish out performed than US by 1.4
• CAGR Median Gross Rent: Grant Parish under performed than state by -0.2
• CAGR Median Gross Rent: Grant Parish out performed than US by 0.3
• % Change Home Value: Grant Parish under performed than Louisiana by -18.9
• % Change Home Value: Grant Parish out performed than US by 3.5
• CAGR Home Value: Grant Parish under performed than state by -2.9
• CAGR Home Value: Grant Parish out performed than US by 0.6
• % Change Rental Yield: Grant Parish out performed than Louisiana by 16.7
• % Change Rental Yield: Grant Parish under performed than US by -2.8
• CAGR Rental Yield: Grant Parish out performed than state by 2.7
• CAGR Rental Yield: Grant Parish under performed than US by -0.4

County	Grant Parish
Population 2015	22,362
Population 2009	19,785
Population % change	13.0
Population change rank compared to US	214
Population change rank compared to Louisiana	6
Median Gross Rent 2015	729
Median Gross Rent 2009	634
Median Gross Rent % change	15.0
Median Gross Rent change rank compared to US	1,499
Median Gross Rent change rank compared to Louisiana	39
Home Value 2015	83,200
Home Value 2009	83,300
Home Value % change	-0.1
Home Value change rank compared to US	2,307
Home Value change rank compared to Louisiana	58
Rental Yield 2015	10.5
Rental Yield 2009	9.1
Rental Yield % change	15.1
Rental Yield change rank compared to US	932
Rental Yield change rank compared to Louisiana	12