Trend of Rental Yield in Alpine 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: Alpine County under performed than California by -7.7
• % Change Population: Alpine County under performed than US by -6.9
• CAGR Population: Alpine County under performed than state by -1.2
• CAGR Population: Alpine County under performed than US by -1.1
• % Change Median Gross Rent: Alpine County under performed than California by -1.1
• % Change Median Gross Rent: Alpine County under performed than US by -2.2
• CAGR Median Gross Rent: Alpine County under performed than state by -0.2
• CAGR Median Gross Rent: Alpine County under performed than US by -0.3
• % Change Home Value: Alpine County under performed than California by -12.4
• % Change Home Value: Alpine County under performed than US by -28.3
• CAGR Home Value: Alpine County under performed than state by -2.6
• CAGR Home Value: Alpine County under performed than US by -5.6
• % Change Rental Yield: Alpine County out performed than California by 23.8
• % Change Rental Yield: Alpine County out performed than US by 45.6
• CAGR Rental Yield: Alpine County out performed than state by 2.8
• CAGR Rental Yield: Alpine County out performed than US by 5.7

County	Alpine County
Population 2015	1,131
Population 2009	1,153
Population % change	-1.9
Population change rank compared to US	2,559
Population change rank compared to California	50
Median Gross Rent 2015	913
Median Gross Rent 2009	820
Median Gross Rent % change	11.3
Median Gross Rent change rank compared to US	2,039
Median Gross Rent change rank compared to California	33
Home Value 2015	295,000
Home Value 2009	433,300
Home Value % change	-31.9
Home Value change rank compared to US	3,109
Home Value change rank compared to California	46
Rental Yield 2015	3.7
Rental Yield 2009	2.3
Rental Yield % change	63.5
Rental Yield change rank compared to US	30
Rental Yield change rank compared to California	12