Trend of Rental Yield in Wayne County, Utah

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

CountyWayne County
Population 20152,722
Population 20092,502
Population % change8.8
Population change rank compared to US458
Population change rank compared to Utah15
Median Gross Rent 2015544
Median Gross Rent 2009652
Median Gross Rent % change-16.6
Median Gross Rent change rank compared to US3,118
Median Gross Rent change rank compared to Utah29
Home Value 2015198,600
Home Value 2009167,700
Home Value % change18.4
Home Value change rank compared to US658
Home Value change rank compared to Utah9
Rental Yield 20153.3
Rental Yield 20094.7
Rental Yield % change-29.5
Rental Yield change rank compared to US3,105
Rental Yield change rank compared to Utah28