Trend of Rental Yield in Carroll County, Maryland

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: Carroll County under performed than Maryland by -6.1
• % Change Population: Carroll County under performed than US by -5.9
• CAGR Population: Carroll County under performed than state by -1.0
• CAGR Population: Carroll County under performed than US by -1.0
• % Change Median Gross Rent: Carroll County out performed than Maryland by 3.9
• % Change Median Gross Rent: Carroll County out performed than US by 8.3
• CAGR Median Gross Rent: Carroll County out performed than state by 0.6
• CAGR Median Gross Rent: Carroll County out performed than US by 1.3
• % Change Home Value: Carroll County out performed than Maryland by 3.5
• % Change Home Value: Carroll County under performed than US by -4.9
• CAGR Home Value: Carroll County out performed than state by 0.6
• CAGR Home Value: Carroll County under performed than US by -0.9
• % Change Rental Yield: Carroll County under performed than Maryland by -0.9
• % Change Rental Yield: Carroll County out performed than US by 15.5
• CAGR Rental Yield: Carroll County under performed than state by -0.1
• CAGR Rental Yield: Carroll County out performed than US by 2.1

County	Carroll County
Population 2015	167,444
Population 2009	168,964
Population % change	-0.9
Population change rank compared to US	2,343
Population change rank compared to Maryland	23
Median Gross Rent 2015	1,079
Median Gross Rent 2009	885
Median Gross Rent % change	21.9
Median Gross Rent change rank compared to US	718
Median Gross Rent change rank compared to Maryland	8
Home Value 2015	321,300
Home Value 2009	351,500
Home Value % change	-8.6
Home Value change rank compared to US	2,759
Home Value change rank compared to Maryland	14
Rental Yield 2015	4.0
Rental Yield 2009	3.0
Rental Yield % change	33.4
Rental Yield change rank compared to US	267
Rental Yield change rank compared to Maryland	7