Trend of Rental Yield in Gallatin County, Montana

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: Gallatin County out performed than Montana by 4.0
• % Change Population: Gallatin County out performed than US by 5.2
• CAGR Population: Gallatin County out performed than state by 0.6
• CAGR Population: Gallatin County out performed than US by 0.8
• % Change Median Gross Rent: Gallatin County under performed than Montana by -5.2
• % Change Median Gross Rent: Gallatin County under performed than US by -2.8
• CAGR Median Gross Rent: Gallatin County under performed than state by -0.8
• CAGR Median Gross Rent: Gallatin County under performed than US by -0.4
• % Change Home Value: Gallatin County under performed than Montana by -17.4
• % Change Home Value: Gallatin County out performed than US by 5.7
• CAGR Home Value: Gallatin County under performed than state by -2.7
• CAGR Home Value: Gallatin County out performed than US by 0.9
• % Change Rental Yield: Gallatin County out performed than Montana by 11.4
• % Change Rental Yield: Gallatin County under performed than US by -9.3
• CAGR Rental Yield: Gallatin County out performed than state by 1.9
• CAGR Rental Yield: Gallatin County under performed than US by -1.4

County	Gallatin County
Population 2015	95,323
Population 2009	86,532
Population % change	10.2
Population change rank compared to US	366
Population change rank compared to Montana	9
Median Gross Rent 2015	876
Median Gross Rent 2009	791
Median Gross Rent % change	10.7
Median Gross Rent change rank compared to US	2,130
Median Gross Rent change rank compared to Montana	44
Home Value 2015	271,500
Home Value 2009	266,200
Home Value % change	2.0
Home Value change rank compared to US	2,146
Home Value change rank compared to Montana	54
Rental Yield 2015	3.9
Rental Yield 2009	3.6
Rental Yield % change	8.6
Rental Yield change rank compared to US	1,429
Rental Yield change rank compared to Montana	13