Trend of Rental Yield in Sharp 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: Sharp County under performed than Arkansas by -7.8
• % Change Population: Sharp County under performed than US by -8.6
• CAGR Population: Sharp County under performed than state by -1.3
• CAGR Population: Sharp County under performed than US by -1.4
• % Change Median Gross Rent: Sharp County under performed than Arkansas by -0.2
• % Change Median Gross Rent: Sharp County under performed than US by -0.9
• CAGR Median Gross Rent: Sharp County under performed than state by 0.0
• CAGR Median Gross Rent: Sharp County under performed than US by -0.1
• % Change Home Value: Sharp County under performed than Arkansas by -13.9
• % Change Home Value: Sharp County out performed than US by 4.3
• CAGR Home Value: Sharp County under performed than state by -2.2
• CAGR Home Value: Sharp County out performed than US by 0.7
• % Change Rental Yield: Sharp County out performed than Arkansas by 13.5
• % Change Rental Yield: Sharp County under performed than US by -6.0
• CAGR Rental Yield: Sharp County out performed than state by 2.2
• CAGR Rental Yield: Sharp County under performed than US by -0.9

County	Sharp County
Population 2015	17,055
Population 2009	17,689
Population % change	-3.6
Population change rank compared to US	2,803
Population change rank compared to Arkansas	54
Median Gross Rent 2015	578
Median Gross Rent 2009	513
Median Gross Rent % change	12.7
Median Gross Rent change rank compared to US	1,848
Median Gross Rent change rank compared to Arkansas	35
Home Value 2015	74,800
Home Value 2009	74,300
Home Value % change	0.7
Home Value change rank compared to US	2,249
Home Value change rank compared to Arkansas	65
Rental Yield 2015	9.3
Rental Yield 2009	8.3
Rental Yield % change	11.9
Rental Yield change rank compared to US	1,142
Rental Yield change rank compared to Arkansas	13