Trend of Rental Yield in Calhoun 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: Calhoun County under performed than Michigan by -0.1
• % Change Population: Calhoun County under performed than US by -6.5
• CAGR Population: Calhoun County under performed than state by -0.1
• CAGR Population: Calhoun County under performed than US by -1.1
• % Change Median Gross Rent: Calhoun County under performed than Michigan by -1.8
• % Change Median Gross Rent: Calhoun County under performed than US by -5.0
• CAGR Median Gross Rent: Calhoun County under performed than state by -0.3
• CAGR Median Gross Rent: Calhoun County under performed than US by -0.7
• % Change Home Value: Calhoun County out performed than Michigan by 3.3
• % Change Home Value: Calhoun County under performed than US by -10.1
• CAGR Home Value: Calhoun County out performed than state by 0.7
• CAGR Home Value: Calhoun County under performed than US by -1.8
• % Change Rental Yield: Calhoun County under performed than Michigan by -7.2
• % Change Rental Yield: Calhoun County out performed than US by 8.0
• CAGR Rental Yield: Calhoun County under performed than state by -1.0
• CAGR Rental Yield: Calhoun County out performed than US by 1.1

County	Calhoun County
Population 2015	134,790
Population 2009	136,875
Population % change	-1.5
Population change rank compared to US	2,484
Population change rank compared to Michigan	46
Median Gross Rent 2015	682
Median Gross Rent 2009	628
Median Gross Rent % change	8.6
Median Gross Rent change rank compared to US	2,413
Median Gross Rent change rank compared to Michigan	61
Home Value 2015	96,000
Home Value 2009	111,300
Home Value % change	-13.7
Home Value change rank compared to US	2,901
Home Value change rank compared to Michigan	52
Rental Yield 2015	8.5
Rental Yield 2009	6.8
Rental Yield % change	25.9
Rental Yield change rank compared to US	444
Rental Yield change rank compared to Michigan	43