Trend of Rental Yield in Bristol 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: Bristol city under performed than Virginia by -6.9
• % Change Population: Bristol city under performed than US by -5.0
• CAGR Population: Bristol city under performed than state by -1.1
• CAGR Population: Bristol city under performed than US by -0.8
• % Change Median Gross Rent: Bristol city out performed than Virginia by 1.9
• % Change Median Gross Rent: Bristol city out performed than US by 8.2
• CAGR Median Gross Rent: Bristol city out performed than state by 0.2
• CAGR Median Gross Rent: Bristol city out performed than US by 1.2
• % Change Home Value: Bristol city out performed than Virginia by 28.6
• % Change Home Value: Bristol city out performed than US by 31.5
• CAGR Home Value: Bristol city out performed than state by 4.3
• CAGR Home Value: Bristol city out performed than US by 4.8
• % Change Rental Yield: Bristol city under performed than Virginia by -25.6
• % Change Rental Yield: Bristol city under performed than US by -22.6
• CAGR Rental Yield: Bristol city under performed than state by -4.0
• CAGR Rental Yield: Bristol city under performed than US by -3.6

County	Bristol city
Population 2015	17,524
Population 2009	17,526
Population % change	0.0
Population change rank compared to US	2,126
Population change rank compared to Virginia	86
Median Gross Rent 2015	649
Median Gross Rent 2009	533
Median Gross Rent % change	21.8
Median Gross Rent change rank compared to US	728
Median Gross Rent change rank compared to Virginia	33
Home Value 2015	114,500
Home Value 2009	89,600
Home Value % change	27.8
Home Value change rank compared to US	279
Home Value change rank compared to Virginia	2
Rental Yield 2015	6.8
Rental Yield 2009	7.1
Rental Yield % change	-4.7
Rental Yield change rank compared to US	2,586
Rental Yield change rank compared to Virginia	118