Trend of Rental Yield in Prairie County, Arkansas

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: Prairie County under performed than Arkansas by -8.5
• % Change Population: Prairie County under performed than US by -9.3
• CAGR Population: Prairie County under performed than state by -1.4
• CAGR Population: Prairie County under performed than US by -1.5
• % Change Median Gross Rent: Prairie County out performed than Arkansas by 9.8
• % Change Median Gross Rent: Prairie County out performed than US by 9.1
• CAGR Median Gross Rent: Prairie County out performed than state by 1.5
• CAGR Median Gross Rent: Prairie County out performed than US by 1.4
• % Change Home Value: Prairie County under performed than Arkansas by -19.6
• % Change Home Value: Prairie County under performed than US by -1.3
• CAGR Home Value: Prairie County under performed than state by -3.2
• CAGR Home Value: Prairie County under performed than US by -0.3
• % Change Rental Yield: Prairie County out performed than Arkansas by 30.7
• % Change Rental Yield: Prairie County out performed than US by 11.2
• CAGR Rental Yield: Prairie County out performed than state by 4.7
• CAGR Rental Yield: Prairie County out performed than US by 1.6

County	Prairie County
Population 2015	8,402
Population 2009	8,776
Population % change	-4.3
Population change rank compared to US	2,870
Population change rank compared to Arkansas	60
Median Gross Rent 2015	471
Median Gross Rent 2009	384
Median Gross Rent % change	22.7
Median Gross Rent change rank compared to US	661
Median Gross Rent change rank compared to Arkansas	12
Home Value 2015	66,400
Home Value 2009	69,900
Home Value % change	-5.0
Home Value change rank compared to US	2,602
Home Value change rank compared to Arkansas	73
Rental Yield 2015	8.5
Rental Yield 2009	6.6
Rental Yield % change	29.1
Rental Yield change rank compared to US	365
Rental Yield change rank compared to Arkansas	3