Trend of Rental Yield in Iron 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: Iron County under performed than Missouri by 0.0
• % Change Population: Iron County under performed than US by -2.6
• CAGR Population: Iron County under performed than state by 0.0
• CAGR Population: Iron County under performed than US by -0.4
• % Change Median Gross Rent: Iron County out performed than Missouri by 2.9
• % Change Median Gross Rent: Iron County out performed than US by 4.1
• CAGR Median Gross Rent: Iron County out performed than state by 0.5
• CAGR Median Gross Rent: Iron County out performed than US by 0.7
• % Change Home Value: Iron County out performed than Missouri by 3.4
• % Change Home Value: Iron County out performed than US by 10.0
• CAGR Home Value: Iron County out performed than state by 0.5
• CAGR Home Value: Iron County out performed than US by 1.6
• % Change Rental Yield: Iron County under performed than Missouri by -0.8
• % Change Rental Yield: Iron County under performed than US by -7.2
• CAGR Rental Yield: Iron County under performed than state by -0.1
• CAGR Rental Yield: Iron County under performed than US by -1.1

County	Iron County
Population 2015	10,322
Population 2009	10,083
Population % change	2.4
Population change rank compared to US	1,488
Population change rank compared to Missouri	56
Median Gross Rent 2015	539
Median Gross Rent 2009	458
Median Gross Rent % change	17.7
Median Gross Rent change rank compared to US	1,132
Median Gross Rent change rank compared to Missouri	49
Home Value 2015	82,600
Home Value 2009	77,700
Home Value % change	6.3
Home Value change rank compared to US	1,732
Home Value change rank compared to Missouri	62
Rental Yield 2015	7.8
Rental Yield 2009	7.1
Rental Yield % change	10.7
Rental Yield change rank compared to US	1,237
Rental Yield change rank compared to Missouri	49