Trend of Rental Yield in Wood 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: Wood County under performed than Texas by -10.0
• % Change Population: Wood County under performed than US by -3.5
• CAGR Population: Wood County under performed than state by -1.6
• CAGR Population: Wood County under performed than US by -0.6
• % Change Median Gross Rent: Wood County out performed than Texas by 4.1
• % Change Median Gross Rent: Wood County out performed than US by 6.4
• CAGR Median Gross Rent: Wood County out performed than state by 0.6
• CAGR Median Gross Rent: Wood County out performed than US by 1.0
• % Change Home Value: Wood County out performed than Texas by 9.1
• % Change Home Value: Wood County out performed than US by 27.1
• CAGR Home Value: Wood County out performed than state by 1.3
• CAGR Home Value: Wood County out performed than US by 4.2
• % Change Rental Yield: Wood County under performed than Texas by -4.1
• % Change Rental Yield: Wood County under performed than US by -20.7
• CAGR Rental Yield: Wood County under performed than state by -0.7
• CAGR Rental Yield: Wood County under performed than US by -3.3

County	Wood County
Population 2015	42,712
Population 2009	42,104
Population % change	1.4
Population change rank compared to US	1,705
Population change rank compared to Texas	171
Median Gross Rent 2015	738
Median Gross Rent 2009	615
Median Gross Rent % change	20
Median Gross Rent change rank compared to US	870
Median Gross Rent change rank compared to Texas	90
Home Value 2015	111,100
Home Value 2009	90,000
Home Value % change	23.4
Home Value change rank compared to US	403
Home Value change rank compared to Texas	89
Rental Yield 2015	8.0
Rental Yield 2009	8.2
Rental Yield % change	-2.8
Rental Yield change rank compared to US	2,453
Rental Yield change rank compared to Texas	141