Trend of Rental Yield in Clay County, Missouri

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: Clay County out performed than Missouri by 3.5
• % Change Population: Clay County out performed than US by 0.9
• CAGR Population: Clay County out performed than state by 0.6
• CAGR Population: Clay County out performed than US by 0.2
• % Change Median Gross Rent: Clay County out performed than Missouri by 0.1
• % Change Median Gross Rent: Clay County out performed than US by 1.3
• CAGR Median Gross Rent: Clay County under performed than state by 0.0
• CAGR Median Gross Rent: Clay County out performed than US by 0.2
• % Change Home Value: Clay County under performed than Missouri by -1.1
• % Change Home Value: Clay County out performed than US by 5.5
• CAGR Home Value: Clay County under performed than state by -0.2
• CAGR Home Value: Clay County out performed than US by 0.9
• % Change Rental Yield: Clay County out performed than Missouri by 1.2
• % Change Rental Yield: Clay County under performed than US by -5.1
• CAGR Rental Yield: Clay County out performed than state by 0.2
• CAGR Rental Yield: Clay County under performed than US by -0.8

County	Clay County
Population 2015	230,361
Population 2009	217,596
Population % change	5.9
Population change rank compared to US	773
Population change rank compared to Missouri	19
Median Gross Rent 2015	828
Median Gross Rent 2009	721
Median Gross Rent % change	14.8
Median Gross Rent change rank compared to US	1,521
Median Gross Rent change rank compared to Missouri	66
Home Value 2015	154,900
Home Value 2009	152,100
Home Value % change	1.8
Home Value change rank compared to US	2,163
Home Value change rank compared to Missouri	84
Rental Yield 2015	6.4
Rental Yield 2009	5.7
Rental Yield % change	12.8
Rental Yield change rank compared to US	1,081
Rental Yield change rank compared to Missouri	42