Trend of Rental Yield in Benton County, Arkansas

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: Benton County out performed than Arkansas by 9.2
• % Change Population: Benton County out performed than US by 8.5
• CAGR Population: Benton County out performed than state by 1.4
• CAGR Population: Benton County out performed than US by 1.3
• % Change Median Gross Rent: Benton County under performed than Arkansas by -0.7
• % Change Median Gross Rent: Benton County under performed than US by -1.5
• CAGR Median Gross Rent: Benton County under performed than state by -0.1
• CAGR Median Gross Rent: Benton County under performed than US by -0.2
• % Change Home Value: Benton County under performed than Arkansas by -16.2
• % Change Home Value: Benton County out performed than US by 2.1
• CAGR Home Value: Benton County under performed than state by -2.6
• CAGR Home Value: Benton County out performed than US by 0.3
• % Change Rental Yield: Benton County out performed than Arkansas by 15.4
• % Change Rental Yield: Benton County under performed than US by -4.0
• CAGR Rental Yield: Benton County out performed than state by 2.5
• CAGR Rental Yield: Benton County under performed than US by -0.6

County	Benton County
Population 2015	238,198
Population 2009	209,931
Population % change	13.5
Population change rank compared to US	199
Population change rank compared to Arkansas	3
Median Gross Rent 2015	796
Median Gross Rent 2009	710
Median Gross Rent % change	12.1
Median Gross Rent change rank compared to US	1,941
Median Gross Rent change rank compared to Arkansas	40
Home Value 2015	150,800
Home Value 2009	153,200
Home Value % change	-1.6
Home Value change rank compared to US	2,387
Home Value change rank compared to Arkansas	71
Rental Yield 2015	6.3
Rental Yield 2009	5.6
Rental Yield % change	13.9
Rental Yield change rank compared to US	1,005
Rental Yield change rank compared to Arkansas	10