Trend of Rental Yield in Cross 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: Cross County under performed than Arkansas by -11.3
• % Change Population: Cross County under performed than US by -12.1
• CAGR Population: Cross County under performed than state by -1.9
• CAGR Population: Cross County under performed than US by -2.0
• % Change Median Gross Rent: Cross County out performed than Arkansas by 7.1
• % Change Median Gross Rent: Cross County out performed than US by 6.3
• CAGR Median Gross Rent: Cross County out performed than state by 1.1
• CAGR Median Gross Rent: Cross County out performed than US by 1.0
• % Change Home Value: Cross County out performed than Arkansas by 1.6
• % Change Home Value: Cross County out performed than US by 19.9
• CAGR Home Value: Cross County out performed than state by 0.2
• CAGR Home Value: Cross County out performed than US by 3.1
• % Change Rental Yield: Cross County out performed than Arkansas by 4.7
• % Change Rental Yield: Cross County under performed than US by -14.8
• CAGR Rental Yield: Cross County out performed than state by 0.8
• CAGR Rental Yield: Cross County under performed than US by -2.3

County	Cross County
Population 2015	17,467
Population 2009	18,801
Population % change	-7.1
Population change rank compared to US	3,020
Population change rank compared to Arkansas	68
Median Gross Rent 2015	645
Median Gross Rent 2009	538
Median Gross Rent % change	19.9
Median Gross Rent change rank compared to US	883
Median Gross Rent change rank compared to Arkansas	16
Home Value 2015	82,400
Home Value 2009	70,900
Home Value % change	16.2
Home Value change rank compared to US	808
Home Value change rank compared to Arkansas	26
Rental Yield 2015	9.4
Rental Yield 2009	9.1
Rental Yield % change	3.2
Rental Yield change rank compared to US	1,973
Rental Yield change rank compared to Arkansas	32