Trend of Rental Yield in Branch 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: Branch County under performed than Michigan by -3.4
• % Change Population: Branch County under performed than US by -9.8
• CAGR Population: Branch County under performed than state by -0.6
• CAGR Population: Branch County under performed than US by -1.6
• % Change Median Gross Rent: Branch County under performed than Michigan by -1.6
• % Change Median Gross Rent: Branch County under performed than US by -4.7
• CAGR Median Gross Rent: Branch County under performed than state by -0.3
• CAGR Median Gross Rent: Branch County under performed than US by -0.7
• % Change Home Value: Branch County out performed than Michigan by 1.3
• % Change Home Value: Branch County under performed than US by -12.1
• CAGR Home Value: Branch County out performed than state by 0.3
• CAGR Home Value: Branch County under performed than US by -2.2
• % Change Rental Yield: Branch County under performed than Michigan by -3.8
• % Change Rental Yield: Branch County out performed than US by 11.3
• CAGR Rental Yield: Branch County under performed than state by -0.5
• CAGR Rental Yield: Branch County out performed than US by 1.6

County	Branch County
Population 2015	43,706
Population 2009	45,890
Population % change	-4.8
Population change rank compared to US	2,908
Population change rank compared to Michigan	73
Median Gross Rent 2015	662
Median Gross Rent 2009	608
Median Gross Rent % change	8.9
Median Gross Rent change rank compared to US	2,385
Median Gross Rent change rank compared to Michigan	59
Home Value 2015	95,200
Home Value 2009	113,000
Home Value % change	-15.8
Home Value change rank compared to US	2,943
Home Value change rank compared to Michigan	60
Rental Yield 2015	8.3
Rental Yield 2009	6.5
Rental Yield % change	29.2
Rental Yield change rank compared to US	362
Rental Yield change rank compared to Michigan	35