Trend of Rental Yield in Alexandria city, Virginia

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: Alexandria city under performed than Virginia by -1.9
• % Change Population: Alexandria city out performed than US by 0.1
• CAGR Population: Alexandria city under performed than state by -0.3
• CAGR Population: Alexandria city under performed than US by 0.0
• % Change Median Gross Rent: Alexandria city out performed than Virginia by 1.7
• % Change Median Gross Rent: Alexandria city out performed than US by 8.0
• CAGR Median Gross Rent: Alexandria city out performed than state by 0.2
• CAGR Median Gross Rent: Alexandria city out performed than US by 1.2
• % Change Home Value: Alexandria city out performed than Virginia by 3.5
• % Change Home Value: Alexandria city out performed than US by 6.4
• CAGR Home Value: Alexandria city out performed than state by 0.5
• CAGR Home Value: Alexandria city out performed than US by 1.0
• % Change Rental Yield: Alexandria city under performed than Virginia by -2.5
• % Change Rental Yield: Alexandria city out performed than US by 0.5
• CAGR Rental Yield: Alexandria city under performed than state by -0.3
• CAGR Rental Yield: Alexandria city out performed than US by 0.1

County	Alexandria city
Population 2015	149,315
Population 2009	142,131
Population % change	5.1
Population change rank compared to US	911
Population change rank compared to Virginia	48
Median Gross Rent 2015	1,555
Median Gross Rent 2009	1,279
Median Gross Rent % change	21.6
Median Gross Rent change rank compared to US	738
Median Gross Rent change rank compared to Virginia	34
Home Value 2015	502,500
Home Value 2009	489,300
Home Value % change	2.7
Home Value change rank compared to US	2,081
Home Value change rank compared to Virginia	73
Rental Yield 2015	3.7
Rental Yield 2009	3.1
Rental Yield % change	18.4
Rental Yield change rank compared to US	719
Rental Yield change rank compared to Virginia	41