Trend of Rental Yield in Boone County, Nebraska

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: Boone County under performed than Nebraska by -8.3
• % Change Population: Boone County under performed than US by -7.9
• CAGR Population: Boone County under performed than state by -1.4
• CAGR Population: Boone County under performed than US by -1.3
• % Change Median Gross Rent: Boone County out performed than Nebraska by 19.0
• % Change Median Gross Rent: Boone County out performed than US by 20.3
• CAGR Median Gross Rent: Boone County out performed than state by 2.7
• CAGR Median Gross Rent: Boone County out performed than US by 2.9
• % Change Home Value: Boone County out performed than Nebraska by 22.9
• % Change Home Value: Boone County out performed than US by 37.9
• CAGR Home Value: Boone County out performed than state by 3.2
• CAGR Home Value: Boone County out performed than US by 5.6
• % Change Rental Yield: Boone County under performed than Nebraska by -3.5
• % Change Rental Yield: Boone County under performed than US by -18.1
• CAGR Rental Yield: Boone County under performed than state by -0.5
• CAGR Rental Yield: Boone County under performed than US by -2.8

County	Boone County
Population 2015	5,373
Population 2009	5,531
Population % change	-2.9
Population change rank compared to US	2,714
Population change rank compared to Nebraska	79
Median Gross Rent 2015	557
Median Gross Rent 2009	416
Median Gross Rent % change	33.9
Median Gross Rent change rank compared to US	220
Median Gross Rent change rank compared to Nebraska	14
Home Value 2015	97,700
Home Value 2009	72,800
Home Value % change	34.2
Home Value change rank compared to US	162
Home Value change rank compared to Nebraska	6
Rental Yield 2015	6.8
Rental Yield 2009	6.9
Rental Yield % change	-0.2
Rental Yield change rank compared to US	2,269
Rental Yield change rank compared to Nebraska	51