Trend of Rental Yield in Hays County, Texas

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: Hays County out performed than Texas by 14.2
• % Change Population: Hays County out performed than US by 20.6
• CAGR Population: Hays County out performed than state by 2.1
• CAGR Population: Hays County out performed than US by 3.1
• % Change Median Gross Rent: Hays County out performed than Texas by 7.9
• % Change Median Gross Rent: Hays County out performed than US by 10.2
• CAGR Median Gross Rent: Hays County out performed than state by 1.1
• CAGR Median Gross Rent: Hays County out performed than US by 1.5
• % Change Home Value: Hays County under performed than Texas by -4.2
• % Change Home Value: Hays County out performed than US by 13.8
• CAGR Home Value: Hays County under performed than state by -0.7
• CAGR Home Value: Hays County out performed than US by 2.2
• % Change Rental Yield: Hays County out performed than Texas by 11.0
• % Change Rental Yield: Hays County under performed than US by -5.5
• CAGR Rental Yield: Hays County out performed than state by 1.8
• CAGR Rental Yield: Hays County under performed than US by -0.8

County	Hays County
Population 2015	177,562
Population 2009	141,371
Population % change	25.6
Population change rank compared to US	36
Population change rank compared to Texas	10
Median Gross Rent 2015	973
Median Gross Rent 2009	786
Median Gross Rent % change	23.8
Median Gross Rent change rank compared to US	575
Median Gross Rent change rank compared to Texas	69
Home Value 2015	180,900
Home Value 2009	164,200
Home Value % change	10.2
Home Value change rank compared to US	1,310
Home Value change rank compared to Texas	191
Rental Yield 2015	6.5
Rental Yield 2009	5.7
Rental Yield % change	12.4
Rental Yield change rank compared to US	1,110
Rental Yield change rank compared to Texas	44