Trend of Rental Yield in Colfax County, New Mexico

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

CountyColfax County
Population 201512,997
Population 200913,133
Population % change-1.0
Population change rank compared to US2,381
Population change rank compared to New Mexico21
Median Gross Rent 2015586
Median Gross Rent 2009527
Median Gross Rent % change11.2
Median Gross Rent change rank compared to US2,069
Median Gross Rent change rank compared to New Mexico24
Home Value 2015117,700
Home Value 2009104,500
Home Value % change12.6
Home Value change rank compared to US1,078
Home Value change rank compared to New Mexico11
Rental Yield 20156.0
Rental Yield 20096.1
Rental Yield % change-1.3
Rental Yield change rank compared to US2,349
Rental Yield change rank compared to New Mexico24