Trend of Rental Yield in Boyd 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: Boyd County under performed than Nebraska by -9.3
• % Change Population: Boyd County under performed than US by -8.8
• CAGR Population: Boyd County under performed than state by -1.5
• CAGR Population: Boyd County under performed than US by -1.4
• % Change Median Gross Rent: Boyd County out performed than Nebraska by 13.1
• % Change Median Gross Rent: Boyd County out performed than US by 14.4
• CAGR Median Gross Rent: Boyd County out performed than state by 1.9
• CAGR Median Gross Rent: Boyd County out performed than US by 2.1
• % Change Home Value: Boyd County out performed than Nebraska by 5.4
• % Change Home Value: Boyd County out performed than US by 20.4
• CAGR Home Value: Boyd County out performed than state by 0.8
• CAGR Home Value: Boyd County out performed than US by 3.2
• % Change Rental Yield: Boyd County out performed than Nebraska by 6.5
• % Change Rental Yield: Boyd County under performed than US by -8.2
• CAGR Rental Yield: Boyd County out performed than state by 1.1
• CAGR Rental Yield: Boyd County under performed than US by -1.2

County	Boyd County
Population 2015	2,039
Population 2009	2,120
Population % change	-3.8
Population change rank compared to US	2,826
Population change rank compared to Nebraska	83
Median Gross Rent 2015	466
Median Gross Rent 2009	364
Median Gross Rent % change	28.0
Median Gross Rent change rank compared to US	355
Median Gross Rent change rank compared to Nebraska	18
Home Value 2015	51,700
Home Value 2009	44,300
Home Value % change	16.7
Home Value change rank compared to US	769
Home Value change rank compared to Nebraska	49
Rental Yield 2015	10.8
Rental Yield 2009	9.9
Rental Yield % change	9.7
Rental Yield change rank compared to US	1,322
Rental Yield change rank compared to Nebraska	24