Trend of Rental Yield in Lincoln 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

• % Change Population: Lincoln County under performed than New Mexico by -10.7
• % Change Population: Lincoln County under performed than US by -9.6
• CAGR Population: Lincoln County under performed than state by -1.8
• CAGR Population: Lincoln County under performed than US by -1.6
• % Change Median Gross Rent: Lincoln County under performed than New Mexico by -0.7
• % Change Median Gross Rent: Lincoln County out performed than US by 3.6
• CAGR Median Gross Rent: Lincoln County under performed than state by -0.1
• CAGR Median Gross Rent: Lincoln County out performed than US by 0.6
• % Change Home Value: Lincoln County out performed than New Mexico by 0.5
• % Change Home Value: Lincoln County out performed than US by 10.7
• CAGR Home Value: Lincoln County under performed than state by 0.0
• CAGR Home Value: Lincoln County out performed than US by 1.7
• % Change Rental Yield: Lincoln County under performed than New Mexico by -1.2
• % Change Rental Yield: Lincoln County under performed than US by -8.4
• CAGR Rental Yield: Lincoln County under performed than state by -0.2
• CAGR Rental Yield: Lincoln County under performed than US by -1.3

County	Lincoln County
Population 2015	19,931
Population 2009	20,888
Population % change	-4.6
Population change rank compared to US	2,897
Population change rank compared to New Mexico	28
Median Gross Rent 2015	756
Median Gross Rent 2009	645
Median Gross Rent % change	17.2
Median Gross Rent change rank compared to US	1,194
Median Gross Rent change rank compared to New Mexico	15
Home Value 2015	161,900
Home Value 2009	151,300
Home Value % change	7.0
Home Value change rank compared to US	1,650
Home Value change rank compared to New Mexico	16
Rental Yield 2015	5.6
Rental Yield 2009	5.1
Rental Yield % change	9.5
Rental Yield change rank compared to US	1,334
Rental Yield change rank compared to New Mexico	13