Trend of Rental Yield in Blair County, Pennsylvania

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: Blair County under performed than Pennsylvania by -1.7
• % Change Population: Blair County under performed than US by -4.6
• CAGR Population: Blair County under performed than state by -0.2
• CAGR Population: Blair County under performed than US by -0.7
• % Change Median Gross Rent: Blair County out performed than Pennsylvania by 2.4
• % Change Median Gross Rent: Blair County out performed than US by 6.1
• CAGR Median Gross Rent: Blair County out performed than state by 0.3
• CAGR Median Gross Rent: Blair County out performed than US by 0.9
• % Change Home Value: Blair County out performed than Pennsylvania by 7.9
• % Change Home Value: Blair County out performed than US by 20.6
• CAGR Home Value: Blair County out performed than state by 1.2
• CAGR Home Value: Blair County out performed than US by 3.2
• % Change Rental Yield: Blair County under performed than Pennsylvania by -5.3
• % Change Rental Yield: Blair County under performed than US by -15.5
• CAGR Rental Yield: Blair County under performed than state by -0.8
• CAGR Rental Yield: Blair County under performed than US by -2.4

County	Blair County
Population 2015	126,448
Population 2009	125,984
Population % change	0.4
Population change rank compared to US	2,000
Population change rank compared to Pennsylvania	42
Median Gross Rent 2015	638
Median Gross Rent 2009	533
Median Gross Rent % change	19.7
Median Gross Rent change rank compared to US	905
Median Gross Rent change rank compared to Pennsylvania	27
Home Value 2015	110,600
Home Value 2009	94,600
Home Value % change	16.9
Home Value change rank compared to US	754
Home Value change rank compared to Pennsylvania	19
Rental Yield 2015	6.9
Rental Yield 2009	6.8
Rental Yield % change	2.4
Rental Yield change rank compared to US	2,050
Rental Yield change rank compared to Pennsylvania	42