Trend of Rental Yield in Modoc 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: Modoc County under performed than California by -5.6
• % Change Population: Modoc County under performed than US by -4.8
• CAGR Population: Modoc County under performed than state by -0.9
• CAGR Population: Modoc County under performed than US by -0.8
• % Change Median Gross Rent: Modoc County out performed than California by 5.4
• % Change Median Gross Rent: Modoc County out performed than US by 4.3
• CAGR Median Gross Rent: Modoc County out performed than state by 0.8
• CAGR Median Gross Rent: Modoc County out performed than US by 0.7
• % Change Home Value: Modoc County out performed than California by 15.2
• % Change Home Value: Modoc County under performed than US by -0.7
• CAGR Home Value: Modoc County out performed than state by 2.9
• CAGR Home Value: Modoc County under performed than US by -0.1
• % Change Rental Yield: Modoc County under performed than California by -16.5
• % Change Rental Yield: Modoc County out performed than US by 5.3
• CAGR Rental Yield: Modoc County under performed than state by -2.2
• CAGR Rental Yield: Modoc County out performed than US by 0.7

County	Modoc County
Population 2015	9,184
Population 2009	9,162
Population % change	0.2
Population change rank compared to US	2,039
Population change rank compared to California	45
Median Gross Rent 2015	653
Median Gross Rent 2009	554
Median Gross Rent % change	17.9
Median Gross Rent change rank compared to US	1,104
Median Gross Rent change rank compared to California	7
Home Value 2015	153,100
Home Value 2009	160,100
Home Value % change	-4.4
Home Value change rank compared to US	2,567
Home Value change rank compared to California	5
Rental Yield 2015	5.1
Rental Yield 2009	4.2
Rental Yield % change	23.3
Rental Yield change rank compared to US	529
Rental Yield change rank compared to California	55