Trend of Rental Yield in Mifflin 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: Mifflin County under performed than Pennsylvania by -0.5
• % Change Population: Mifflin County under performed than US by -3.4
• CAGR Population: Mifflin County under performed than state by 0.0
• CAGR Population: Mifflin County under performed than US by -0.5
• % Change Median Gross Rent: Mifflin County out performed than Pennsylvania by 4.1
• % Change Median Gross Rent: Mifflin County out performed than US by 7.8
• CAGR Median Gross Rent: Mifflin County out performed than state by 0.6
• CAGR Median Gross Rent: Mifflin County out performed than US by 1.2
• % Change Home Value: Mifflin County under performed than Pennsylvania by -1.3
• % Change Home Value: Mifflin County out performed than US by 11.4
• CAGR Home Value: Mifflin County under performed than state by -0.2
• CAGR Home Value: Mifflin County out performed than US by 1.8
• % Change Rental Yield: Mifflin County out performed than Pennsylvania by 5.0
• % Change Rental Yield: Mifflin County under performed than US by -5.2
• CAGR Rental Yield: Mifflin County out performed than state by 0.8
• CAGR Rental Yield: Mifflin County under performed than US by -0.8

County	Mifflin County
Population 2015	46,675
Population 2009	45,961
Population % change	1.6
Population change rank compared to US	1,685
Population change rank compared to Pennsylvania	30
Median Gross Rent 2015	619
Median Gross Rent 2009	510
Median Gross Rent % change	21.4
Median Gross Rent change rank compared to US	754
Median Gross Rent change rank compared to Pennsylvania	19
Home Value 2015	97,800
Home Value 2009	90,800
Home Value % change	7.7
Home Value change rank compared to US	1,578
Home Value change rank compared to Pennsylvania	46
Rental Yield 2015	7.6
Rental Yield 2009	6.7
Rental Yield % change	12.7
Rental Yield change rank compared to US	1,086
Rental Yield change rank compared to Pennsylvania	16