Trend of Rental Yield in Antrim County, Michigan

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: Antrim County under performed than Michigan by -2.0
• % Change Population: Antrim County under performed than US by -8.4
• CAGR Population: Antrim County under performed than state by -0.4
• CAGR Population: Antrim County under performed than US by -1.4
• % Change Median Gross Rent: Antrim County under performed than Michigan by -5.1
• % Change Median Gross Rent: Antrim County under performed than US by -8.3
• CAGR Median Gross Rent: Antrim County under performed than state by -0.8
• CAGR Median Gross Rent: Antrim County under performed than US by -1.2
• % Change Home Value: Antrim County out performed than Michigan by 5.6
• % Change Home Value: Antrim County under performed than US by -7.7
• CAGR Home Value: Antrim County out performed than state by 1.1
• CAGR Home Value: Antrim County under performed than US by -1.4
• % Change Rental Yield: Antrim County under performed than Michigan by -14.2
• % Change Rental Yield: Antrim County out performed than US by 0.9
• CAGR Rental Yield: Antrim County under performed than state by -2.0
• CAGR Rental Yield: Antrim County out performed than US by 0.1

County	Antrim County
Population 2015	23,267
Population 2009	24,088
Population % change	-3.4
Population change rank compared to US	2,785
Population change rank compared to Michigan	64
Median Gross Rent 2015	695
Median Gross Rent 2009	660
Median Gross Rent % change	5.3
Median Gross Rent change rank compared to US	2,737
Median Gross Rent change rank compared to Michigan	72
Home Value 2015	140,700
Home Value 2009	158,800
Home Value % change	-11.4
Home Value change rank compared to US	2,841
Home Value change rank compared to Michigan	42
Rental Yield 2015	5.9
Rental Yield 2009	5.0
Rental Yield % change	18.8
Rental Yield change rank compared to US	704
Rental Yield change rank compared to Michigan	58