Trend of Rental Yield in Stokes County, North Carolina

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: Stokes County under performed than North Carolina by -7.2
• % Change Population: Stokes County under performed than US by -3.4
• CAGR Population: Stokes County under performed than state by -1.1
• CAGR Population: Stokes County under performed than US by -0.5
• % Change Median Gross Rent: Stokes County out performed than North Carolina by 1.7
• % Change Median Gross Rent: Stokes County out performed than US by 1.6
• CAGR Median Gross Rent: Stokes County out performed than state by 0.3
• CAGR Median Gross Rent: Stokes County out performed than US by 0.3
• % Change Home Value: Stokes County under performed than North Carolina by -5.4
• % Change Home Value: Stokes County out performed than US by 6.0
• CAGR Home Value: Stokes County under performed than state by -0.9
• CAGR Home Value: Stokes County out performed than US by 1.0
• % Change Rental Yield: Stokes County out performed than North Carolina by 7.2
• % Change Rental Yield: Stokes County under performed than US by -5.4
• CAGR Rental Yield: Stokes County out performed than state by 1.1
• CAGR Rental Yield: Stokes County under performed than US by -0.8

County	Stokes County
Population 2015	46,661
Population 2009	45,916
Population % change	1.6
Population change rank compared to US	1,670
Population change rank compared to North Carolina	76
Median Gross Rent 2015	614
Median Gross Rent 2009	533
Median Gross Rent % change	15.2
Median Gross Rent change rank compared to US	1,456
Median Gross Rent change rank compared to North Carolina	40
Home Value 2015	117,400
Home Value 2009	114,700
Home Value % change	2.4
Home Value change rank compared to US	2,115
Home Value change rank compared to North Carolina	77
Rental Yield 2015	6.3
Rental Yield 2009	5.6
Rental Yield % change	12.5
Rental Yield change rank compared to US	1,101
Rental Yield change rank compared to North Carolina	20