Trend of Rental Yield in Ingham 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: Ingham County out performed than Michigan by 3.1
• % Change Population: Ingham County under performed than US by -3.3
• CAGR Population: Ingham County out performed than state by 0.5
• CAGR Population: Ingham County under performed than US by -0.5
• % Change Median Gross Rent: Ingham County out performed than Michigan by 1.1
• % Change Median Gross Rent: Ingham County under performed than US by -2.1
• CAGR Median Gross Rent: Ingham County out performed than state by 0.1
• CAGR Median Gross Rent: Ingham County under performed than US by -0.3
• % Change Home Value: Ingham County out performed than Michigan by 0.6
• % Change Home Value: Ingham County under performed than US by -12.7
• CAGR Home Value: Ingham County out performed than state by 0.2
• CAGR Home Value: Ingham County under performed than US by -2.3
• % Change Rental Yield: Ingham County out performed than Michigan by 0.3
• % Change Rental Yield: Ingham County out performed than US by 15.4
• CAGR Rental Yield: Ingham County under performed than state by 0.0
• CAGR Rental Yield: Ingham County out performed than US by 2.1

County	Ingham County
Population 2015	283,491
Population 2009	278,804
Population % change	1.7
Population change rank compared to US	1,652
Population change rank compared to Michigan	16
Median Gross Rent 2015	785
Median Gross Rent 2009	704
Median Gross Rent % change	11.5
Median Gross Rent change rank compared to US	2,020
Median Gross Rent change rank compared to Michigan	42
Home Value 2015	117,400
Home Value 2009	140,400
Home Value % change	-16.4
Home Value change rank compared to US	2,950
Home Value change rank compared to Michigan	62
Rental Yield 2015	8.0
Rental Yield 2009	6.0
Rental Yield % change	33.4
Rental Yield change rank compared to US	270
Rental Yield change rank compared to Michigan	22