Trend of Rental Yield in Granite 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: Granite County out performed than Montana by 3.9
• % Change Population: Granite County out performed than US by 5.0
• CAGR Population: Granite County out performed than state by 0.6
• CAGR Population: Granite County out performed than US by 0.8
• % Change Median Gross Rent: Granite County under performed than Montana by -16.5
• % Change Median Gross Rent: Granite County under performed than US by -14.1
• CAGR Median Gross Rent: Granite County under performed than state by -2.6
• CAGR Median Gross Rent: Granite County under performed than US by -2.2
• % Change Home Value: Granite County out performed than Montana by 4.7
• % Change Home Value: Granite County out performed than US by 27.7
• CAGR Home Value: Granite County out performed than state by 0.7
• CAGR Home Value: Granite County out performed than US by 4.3
• % Change Rental Yield: Granite County under performed than Montana by -17.0
• % Change Rental Yield: Granite County under performed than US by -37.7
• CAGR Rental Yield: Granite County under performed than state by -3.1
• CAGR Rental Yield: Granite County under performed than US by -6.4

County	Granite County
Population 2015	3,168
Population 2009	2,880
Population % change	10
Population change rank compared to US	380
Population change rank compared to Montana	11
Median Gross Rent 2015	539
Median Gross Rent 2009	542
Median Gross Rent % change	-0.6
Median Gross Rent change rank compared to US	2,975
Median Gross Rent change rank compared to Montana	52
Home Value 2015	216,300
Home Value 2009	174,400
Home Value % change	24.0
Home Value change rank compared to US	384
Home Value change rank compared to Montana	25
Rental Yield 2015	3.0
Rental Yield 2009	3.7
Rental Yield % change	-19.8
Rental Yield change rank compared to US	3,023
Rental Yield change rank compared to Montana	43