Trend of Rental Yield in Carbon 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: Carbon County out performed than Pennsylvania by 0.7
• % Change Population: Carbon County under performed than US by -2.2
• CAGR Population: Carbon County out performed than state by 0.2
• CAGR Population: Carbon County under performed than US by -0.3
• % Change Median Gross Rent: Carbon County out performed than Pennsylvania by 5.4
• % Change Median Gross Rent: Carbon County out performed than US by 9.1
• CAGR Median Gross Rent: Carbon County out performed than state by 0.8
• CAGR Median Gross Rent: Carbon County out performed than US by 1.4
• % Change Home Value: Carbon County out performed than Pennsylvania by 2.3
• % Change Home Value: Carbon County out performed than US by 15.0
• CAGR Home Value: Carbon County out performed than state by 0.4
• CAGR Home Value: Carbon County out performed than US by 2.4
• % Change Rental Yield: Carbon County out performed than Pennsylvania by 2.6
• % Change Rental Yield: Carbon County under performed than US by -7.7
• CAGR Rental Yield: Carbon County out performed than state by 0.4
• CAGR Rental Yield: Carbon County under performed than US by -1.2

County	Carbon County
Population 2015	64,634
Population 2009	62,856
Population % change	2.8
Population change rank compared to US	1,365
Population change rank compared to Pennsylvania	22
Median Gross Rent 2015	773
Median Gross Rent 2009	630
Median Gross Rent % change	22.7
Median Gross Rent change rank compared to US	657
Median Gross Rent change rank compared to Pennsylvania	11
Home Value 2015	144,700
Home Value 2009	130,000
Home Value % change	11.3
Home Value change rank compared to US	1,199
Home Value change rank compared to Pennsylvania	32
Rental Yield 2015	6.4
Rental Yield 2009	5.8
Rental Yield % change	10.2
Rental Yield change rank compared to US	1,279
Rental Yield change rank compared to Pennsylvania	20