Trend of Rental Yield in Emporia 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: Emporia city under performed than Virginia by -5.7
• % Change Population: Emporia city under performed than US by -3.8
• CAGR Population: Emporia city under performed than state by -0.9
• CAGR Population: Emporia city under performed than US by -0.6
• % Change Median Gross Rent: Emporia city out performed than Virginia by 4.9
• % Change Median Gross Rent: Emporia city out performed than US by 11.2
• CAGR Median Gross Rent: Emporia city out performed than state by 0.7
• CAGR Median Gross Rent: Emporia city out performed than US by 1.7
• % Change Home Value: Emporia city out performed than Virginia by 19.8
• % Change Home Value: Emporia city out performed than US by 22.6
• CAGR Home Value: Emporia city out performed than state by 3.0
• CAGR Home Value: Emporia city out performed than US by 3.5
• % Change Rental Yield: Emporia city under performed than Virginia by -16.0
• % Change Rental Yield: Emporia city under performed than US by -13.0
• CAGR Rental Yield: Emporia city under performed than state by -2.4
• CAGR Rental Yield: Emporia city under performed than US by -2.0

County	Emporia city
Population 2015	5,672
Population 2009	5,605
Population % change	1.2
Population change rank compared to US	1,765
Population change rank compared to Virginia	78
Median Gross Rent 2015	680
Median Gross Rent 2009	545
Median Gross Rent % change	24.8
Median Gross Rent change rank compared to US	514
Median Gross Rent change rank compared to Virginia	22
Home Value 2015	115,000
Home Value 2009	96,700
Home Value % change	18.9
Home Value change rank compared to US	624
Home Value change rank compared to Virginia	14
Rental Yield 2015	7.1
Rental Yield 2009	6.8
Rental Yield % change	4.9
Rental Yield change rank compared to US	1,784
Rental Yield change rank compared to Virginia	94