Trend of Rental Yield in Webster 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: Webster Parish under performed than Louisiana by -5.1
• % Change Population: Webster Parish under performed than US by -5.2
• CAGR Population: Webster Parish under performed than state by -0.8
• CAGR Population: Webster Parish under performed than US by -0.8
• % Change Median Gross Rent: Webster Parish out performed than Louisiana by 5.0
• % Change Median Gross Rent: Webster Parish out performed than US by 8.3
• CAGR Median Gross Rent: Webster Parish out performed than state by 0.8
• CAGR Median Gross Rent: Webster Parish out performed than US by 1.3
• % Change Home Value: Webster Parish under performed than Louisiana by -7.4
• % Change Home Value: Webster Parish out performed than US by 15.1
• CAGR Home Value: Webster Parish under performed than state by -1.1
• CAGR Home Value: Webster Parish out performed than US by 2.4
• % Change Rental Yield: Webster Parish out performed than Louisiana by 11.0
• % Change Rental Yield: Webster Parish under performed than US by -8.5
• CAGR Rental Yield: Webster Parish out performed than state by 1.8
• CAGR Rental Yield: Webster Parish under performed than US by -1.3

County	Webster Parish
Population 2015	40,617
Population 2009	40,719
Population % change	-0.3
Population change rank compared to US	2,187
Population change rank compared to Louisiana	46
Median Gross Rent 2015	596
Median Gross Rent 2009	489
Median Gross Rent % change	21.9
Median Gross Rent change rank compared to US	719
Median Gross Rent change rank compared to Louisiana	22
Home Value 2015	81,800
Home Value 2009	73,400
Home Value % change	11.4
Home Value change rank compared to US	1,182
Home Value change rank compared to Louisiana	39
Rental Yield 2015	8.7
Rental Yield 2009	8.0
Rental Yield % change	9.4
Rental Yield change rank compared to US	1,355
Rental Yield change rank compared to Louisiana	15