Trend of Rental Yield in Forest 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: Forest County out performed than Pennsylvania by 9.2
• % Change Population: Forest County out performed than US by 6.3
• CAGR Population: Forest County out performed than state by 1.5
• CAGR Population: Forest County out performed than US by 1.0
• % Change Median Gross Rent: Forest County under performed than Pennsylvania by -2.9
• % Change Median Gross Rent: Forest County out performed than US by 0.8
• CAGR Median Gross Rent: Forest County under performed than state by -0.4
• CAGR Median Gross Rent: Forest County out performed than US by 0.2
• % Change Home Value: Forest County under performed than Pennsylvania by -2.0
• % Change Home Value: Forest County out performed than US by 10.6
• CAGR Home Value: Forest County under performed than state by -0.3
• CAGR Home Value: Forest County out performed than US by 1.7
• % Change Rental Yield: Forest County under performed than Pennsylvania by -0.7
• % Change Rental Yield: Forest County under performed than US by -11.0
• CAGR Rental Yield: Forest County under performed than state by -0.1
• CAGR Rental Yield: Forest County under performed than US by -1.7

County	Forest County
Population 2015	7,581
Population 2009	6,811
Population % change	11.3
Population change rank compared to US	307
Population change rank compared to Pennsylvania	1
Median Gross Rent 2015	541
Median Gross Rent 2009	473
Median Gross Rent % change	14.4
Median Gross Rent change rank compared to US	1,583
Median Gross Rent change rank compared to Pennsylvania	51
Home Value 2015	84,400
Home Value 2009	78,900
Home Value % change	7.0
Home Value change rank compared to US	1,656
Home Value change rank compared to Pennsylvania	48
Rental Yield 2015	7.7
Rental Yield 2009	7.2
Rental Yield % change	6.9
Rental Yield change rank compared to US	1,582
Rental Yield change rank compared to Pennsylvania	26