Trend of Rental Yield in Phillips County, Colorado

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

CountyPhillips County
Population 20154,371
Population 20094,479
Population % change-2.4
Population change rank compared to US2,646
Population change rank compared to Colorado51
Median Gross Rent 2015589
Median Gross Rent 2009548
Median Gross Rent % change7.5
Median Gross Rent change rank compared to US2,564
Median Gross Rent change rank compared to Colorado50
Home Value 2015132,500
Home Value 200996,800
Home Value % change36.9
Home Value change rank compared to US145
Home Value change rank compared to Colorado1
Rental Yield 20155.3
Rental Yield 20096.8
Rental Yield % change-21.5
Rental Yield change rank compared to US3,045
Rental Yield change rank compared to Colorado63