Trend of Rental Yield in Lincoln 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: Lincoln County under performed than Montana by -2.7
• % Change Population: Lincoln County under performed than US by -1.6
• CAGR Population: Lincoln County under performed than state by -0.4
• CAGR Population: Lincoln County under performed than US by -0.2
• % Change Median Gross Rent: Lincoln County out performed than Montana by 8.4
• % Change Median Gross Rent: Lincoln County out performed than US by 10.8
• CAGR Median Gross Rent: Lincoln County out performed than state by 1.2
• CAGR Median Gross Rent: Lincoln County out performed than US by 1.6
• % Change Home Value: Lincoln County out performed than Montana by 1.5
• % Change Home Value: Lincoln County out performed than US by 24.6
• CAGR Home Value: Lincoln County out performed than state by 0.2
• CAGR Home Value: Lincoln County out performed than US by 3.8
• % Change Rental Yield: Lincoln County out performed than Montana by 5.7
• % Change Rental Yield: Lincoln County under performed than US by -15.0
• CAGR Rental Yield: Lincoln County out performed than state by 1.0
• CAGR Rental Yield: Lincoln County under performed than US by -2.3

County	Lincoln County
Population 2015	19,337
Population 2009	18,698
Population % change	3.4
Population change rank compared to US	1,222
Population change rank compared to Montana	33
Median Gross Rent 2015	602
Median Gross Rent 2009	484
Median Gross Rent % change	24.4
Median Gross Rent change rank compared to US	538
Median Gross Rent change rank compared to Montana	18
Home Value 2015	164,400
Home Value 2009	136,000
Home Value % change	20.9
Home Value change rank compared to US	523
Home Value change rank compared to Montana	28
Rental Yield 2015	4.4
Rental Yield 2009	4.3
Rental Yield % change	2.9
Rental Yield change rank compared to US	2,001
Rental Yield change rank compared to Montana	19