Trend of Rental Yield in McLennan 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

CountyMcLennan County
Population 2015241,505
Population 2009228,369
Population % change5.8
Population change rank compared to US791
Population change rank compared to Texas104
Median Gross Rent 2015765
Median Gross Rent 2009718
Median Gross Rent % change6.5
Median Gross Rent change rank compared to US2,646
Median Gross Rent change rank compared to Texas214
Home Value 2015114,700
Home Value 200997,200
Home Value % change18.0
Home Value change rank compared to US681
Home Value change rank compared to Texas129
Rental Yield 20158.0
Rental Yield 20098.9
Rental Yield % change-9.7
Rental Yield change rank compared to US2,810
Rental Yield change rank compared to Texas192