Trend of Rental Yield in Conway 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: Conway County under performed than Arkansas by -1.8
• % Change Population: Conway County under performed than US by -2.6
• CAGR Population: Conway County under performed than state by -0.3
• CAGR Population: Conway County under performed than US by -0.4
• % Change Median Gross Rent: Conway County out performed than Arkansas by 14.7
• % Change Median Gross Rent: Conway County out performed than US by 13.9
• CAGR Median Gross Rent: Conway County out performed than state by 2.1
• CAGR Median Gross Rent: Conway County out performed than US by 2.0
• % Change Home Value: Conway County out performed than Arkansas by 2.2
• % Change Home Value: Conway County out performed than US by 20.5
• CAGR Home Value: Conway County out performed than state by 0.3
• CAGR Home Value: Conway County out performed than US by 3.2
• % Change Rental Yield: Conway County out performed than Arkansas by 10.7
• % Change Rental Yield: Conway County under performed than US by -8.8
• CAGR Rental Yield: Conway County out performed than state by 1.8
• CAGR Rental Yield: Conway County under performed than US by -1.3

County	Conway County
Population 2015	21,110
Population 2009	20,619
Population % change	2.4
Population change rank compared to US	1,485
Population change rank compared to Arkansas	25
Median Gross Rent 2015	598
Median Gross Rent 2009	469
Median Gross Rent % change	27.5
Median Gross Rent change rank compared to US	376
Median Gross Rent change rank compared to Arkansas	7
Home Value 2015	91,500
Home Value 2009	78,300
Home Value % change	16.9
Home Value change rank compared to US	758
Home Value change rank compared to Arkansas	23
Rental Yield 2015	7.8
Rental Yield 2009	7.2
Rental Yield % change	9.1
Rental Yield change rank compared to US	1,385
Rental Yield change rank compared to Arkansas	18