Trend of Rental Yield in Chicot 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: Chicot County under performed than Arkansas by -11.8
• % Change Population: Chicot County under performed than US by -12.5
• CAGR Population: Chicot County under performed than state by -2.0
• CAGR Population: Chicot County under performed than US by -2.1
• % Change Median Gross Rent: Chicot County out performed than Arkansas by 8.0
• % Change Median Gross Rent: Chicot County out performed than US by 7.2
• CAGR Median Gross Rent: Chicot County out performed than state by 1.2
• CAGR Median Gross Rent: Chicot County out performed than US by 1.1
• % Change Home Value: Chicot County out performed than Arkansas by 0.2
• % Change Home Value: Chicot County out performed than US by 18.5
• CAGR Home Value: Chicot County under performed than state by 0.0
• CAGR Home Value: Chicot County out performed than US by 2.9
• % Change Rental Yield: Chicot County out performed than Arkansas by 6.7
• % Change Rental Yield: Chicot County under performed than US by -12.7
• CAGR Rental Yield: Chicot County out performed than state by 1.1
• CAGR Rental Yield: Chicot County under performed than US by -2.0

County	Chicot County
Population 2015	11,353
Population 2009	12,279
Population % change	-7.5
Population change rank compared to US	3,039
Population change rank compared to Arkansas	71
Median Gross Rent 2015	575
Median Gross Rent 2009	476
Median Gross Rent % change	20.8
Median Gross Rent change rank compared to US	807
Median Gross Rent change rank compared to Arkansas	15
Home Value 2015	57,300
Home Value 2009	49,900
Home Value % change	14.8
Home Value change rank compared to US	896
Home Value change rank compared to Arkansas	29
Rental Yield 2015	12.0
Rental Yield 2009	11.4
Rental Yield % change	5.2
Rental Yield change rank compared to US	1,749
Rental Yield change rank compared to Arkansas	26