Trend of Rental Yield in Alameda County, California

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: Alameda County out performed than California by 3.0
• % Change Population: Alameda County out performed than US by 3.8
• CAGR Population: Alameda County out performed than state by 0.5
• CAGR Population: Alameda County out performed than US by 0.6
• % Change Median Gross Rent: Alameda County out performed than California by 4.8
• % Change Median Gross Rent: Alameda County out performed than US by 3.7
• CAGR Median Gross Rent: Alameda County out performed than state by 0.7
• CAGR Median Gross Rent: Alameda County out performed than US by 0.6
• % Change Home Value: Alameda County out performed than California by 9.1
• % Change Home Value: Alameda County under performed than US by -6.8
• CAGR Home Value: Alameda County out performed than state by 1.8
• CAGR Home Value: Alameda County under performed than US by -1.2
• % Change Rental Yield: Alameda County under performed than California by -8.8
• % Change Rental Yield: Alameda County out performed than US by 13.1
• CAGR Rental Yield: Alameda County under performed than state by -1.1
• CAGR Rental Yield: Alameda County out performed than US by 1.8

County	Alameda County
Population 2015	1,584,983
Population 2009	1,457,095
Population % change	8.8
Population change rank compared to US	460
Population change rank compared to California	8
Median Gross Rent 2015	1,367
Median Gross Rent 2009	1,166
Median Gross Rent % change	17.2
Median Gross Rent change rank compared to US	1,190
Median Gross Rent change rank compared to California	9
Home Value 2015	543,100
Home Value 2009	606,700
Home Value % change	-10.5
Home Value change rank compared to US	2,813
Home Value change rank compared to California	7
Rental Yield 2015	3.0
Rental Yield 2009	2.3
Rental Yield % change	31.0
Rental Yield change rank compared to US	324
Rental Yield change rank compared to California	49