Trend of Rental Yield in Union County, Oregon

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: Union County under performed than Oregon by -2.0
• % Change Population: Union County under performed than US by -1.3
• CAGR Population: Union County under performed than state by -0.3
• CAGR Population: Union County under performed than US by -0.2
• % Change Median Gross Rent: Union County out performed than Oregon by 2.9
• % Change Median Gross Rent: Union County out performed than US by 6.3
• CAGR Median Gross Rent: Union County out performed than state by 0.4
• CAGR Median Gross Rent: Union County out performed than US by 1.0
• % Change Home Value: Union County out performed than Oregon by 14.1
• % Change Home Value: Union County out performed than US by 15.0
• CAGR Home Value: Union County out performed than state by 2.3
• CAGR Home Value: Union County out performed than US by 2.4
• % Change Rental Yield: Union County under performed than Oregon by -12.7
• % Change Rental Yield: Union County under performed than US by -10.2
• CAGR Rental Yield: Union County under performed than state by -1.9
• CAGR Rental Yield: Union County under performed than US by -1.6

County	Union County
Population 2015	25,745
Population 2009	24,821
Population % change	3.7
Population change rank compared to US	1,163
Population change rank compared to Oregon	18
Median Gross Rent 2015	705
Median Gross Rent 2009	588
Median Gross Rent % change	19.9
Median Gross Rent change rank compared to US	882
Median Gross Rent change rank compared to Oregon	11
Home Value 2015	163,200
Home Value 2009	146,600
Home Value % change	11.3
Home Value change rank compared to US	1,197
Home Value change rank compared to Oregon	8
Rental Yield 2015	5.2
Rental Yield 2009	4.8
Rental Yield % change	7.7
Rental Yield change rank compared to US	1,507
Rental Yield change rank compared to Oregon	27