Trend of Rental Yield in Union 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: Union County under performed than Arkansas by -10.1
• % Change Population: Union County under performed than US by -10.8
• CAGR Population: Union County under performed than state by -1.7
• CAGR Population: Union County under performed than US by -1.8
• % Change Median Gross Rent: Union County out performed than Arkansas by 4.2
• % Change Median Gross Rent: Union County out performed than US by 3.4
• CAGR Median Gross Rent: Union County out performed than state by 0.7
• CAGR Median Gross Rent: Union County out performed than US by 0.6
• % Change Home Value: Union County under performed than Arkansas by -3.6
• % Change Home Value: Union County out performed than US by 14.7
• CAGR Home Value: Union County under performed than state by -0.5
• CAGR Home Value: Union County out performed than US by 2.4
• % Change Rental Yield: Union County out performed than Arkansas by 6.9
• % Change Rental Yield: Union County under performed than US by -12.5
• CAGR Rental Yield: Union County out performed than state by 1.2
• CAGR Rental Yield: Union County under performed than US by -1.9

County	Union County
Population 2015	40,633
Population 2009	43,157
Population % change	-5.8
Population change rank compared to US	2,974
Population change rank compared to Arkansas	66
Median Gross Rent 2015	633
Median Gross Rent 2009	541
Median Gross Rent % change	17.0
Median Gross Rent change rank compared to US	1,215
Median Gross Rent change rank compared to Arkansas	23
Home Value 2015	74,600
Home Value 2009	67,200
Home Value % change	11.0
Home Value change rank compared to US	1,223
Home Value change rank compared to Arkansas	42
Rental Yield 2015	10.2
Rental Yield 2009	9.7
Rental Yield % change	5.4
Rental Yield change rank compared to US	1,729
Rental Yield change rank compared to Arkansas	24