Trend of Rental Yield in Hampton 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: Hampton city under performed than Virginia by -13.0
• % Change Population: Hampton city under performed than US by -11.0
• CAGR Population: Hampton city under performed than state by -2.1
• CAGR Population: Hampton city under performed than US by -1.8
• % Change Median Gross Rent: Hampton city under performed than Virginia by -6.1
• % Change Median Gross Rent: Hampton city out performed than US by 0.2
• CAGR Median Gross Rent: Hampton city under performed than state by -0.9
• CAGR Median Gross Rent: Hampton city out performed than US by 0.1
• % Change Home Value: Hampton city out performed than Virginia by 5.4
• % Change Home Value: Hampton city out performed than US by 8.2
• CAGR Home Value: Hampton city out performed than state by 0.8
• CAGR Home Value: Hampton city out performed than US by 1.3
• % Change Rental Yield: Hampton city under performed than Virginia by -12.1
• % Change Rental Yield: Hampton city under performed than US by -9.1
• CAGR Rental Yield: Hampton city under performed than state by -1.8
• CAGR Rental Yield: Hampton city under performed than US by -1.4

County	Hampton city
Population 2015	137,081
Population 2009	145,903
Population % change	-6.0
Population change rank compared to US	2,986
Population change rank compared to Virginia	128
Median Gross Rent 2015	1,009
Median Gross Rent 2009	887
Median Gross Rent % change	13.8
Median Gross Rent change rank compared to US	1,674
Median Gross Rent change rank compared to Virginia	78
Home Value 2015	188,000
Home Value 2009	179,800
Home Value % change	4.6
Home Value change rank compared to US	1,894
Home Value change rank compared to Virginia	65
Rental Yield 2015	6.4
Rental Yield 2009	5.9
Rental Yield % change	8.8
Rental Yield change rank compared to US	1,418
Rental Yield change rank compared to Virginia	78