Trend of Rental Yield in Poquoson 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: Poquoson city under performed than Virginia by -4.4
• % Change Population: Poquoson city under performed than US by -2.4
• CAGR Population: Poquoson city under performed than state by -0.7
• CAGR Population: Poquoson city under performed than US by -0.4
• % Change Median Gross Rent: Poquoson city under performed than Virginia by -11.6
• % Change Median Gross Rent: Poquoson city under performed than US by -5.3
• CAGR Median Gross Rent: Poquoson city under performed than state by -1.8
• CAGR Median Gross Rent: Poquoson city under performed than US by -0.8
• % Change Home Value: Poquoson city out performed than Virginia by 2.0
• % Change Home Value: Poquoson city out performed than US by 4.8
• CAGR Home Value: Poquoson city out performed than state by 0.3
• CAGR Home Value: Poquoson city out performed than US by 0.8
• % Change Rental Yield: Poquoson city under performed than Virginia by -13.8
• % Change Rental Yield: Poquoson city under performed than US by -10.9
• CAGR Rental Yield: Poquoson city under performed than state by -2.1
• CAGR Rental Yield: Poquoson city under performed than US by -1.7

County	Poquoson city
Population 2015	12,077
Population 2009	11,775
Population % change	2.6
Population change rank compared to US	1,434
Population change rank compared to Virginia	69
Median Gross Rent 2015	1,154
Median Gross Rent 2009	1,066
Median Gross Rent % change	8.3
Median Gross Rent change rank compared to US	2,469
Median Gross Rent change rank compared to Virginia	108
Home Value 2015	307,800
Home Value 2009	304,400
Home Value % change	1.1
Home Value change rank compared to US	2,215
Home Value change rank compared to Virginia	84
Rental Yield 2015	4.5
Rental Yield 2009	4.2
Rental Yield % change	7.1
Rental Yield change rank compared to US	1,569
Rental Yield change rank compared to Virginia	85