Trend of Rental Yield in Benton County, Washington

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: Benton County out performed than Washington by 6.8
• % Change Population: Benton County out performed than US by 9.8
• CAGR Population: Benton County out performed than state by 1.0
• CAGR Population: Benton County out performed than US by 1.5
• % Change Median Gross Rent: Benton County under performed than Washington by -5.1
• % Change Median Gross Rent: Benton County out performed than US by 0.2
• CAGR Median Gross Rent: Benton County under performed than state by -0.7
• CAGR Median Gross Rent: Benton County out performed than US by 0.1
• % Change Home Value: Benton County out performed than Washington by 19.7
• % Change Home Value: Benton County out performed than US by 16.9
• CAGR Home Value: Benton County out performed than state by 3.2
• CAGR Home Value: Benton County out performed than US by 2.7
• % Change Rental Yield: Benton County under performed than Washington by -26.7
• % Change Rental Yield: Benton County under performed than US by -17.4
• CAGR Rental Yield: Benton County under performed than state by -4.0
• CAGR Rental Yield: Benton County under performed than US by -2.7

County	Benton County
Population 2015	184,930
Population 2009	161,077
Population % change	14.8
Population change rank compared to US	160
Population change rank compared to Washington	2
Median Gross Rent 2015	834
Median Gross Rent 2009	733
Median Gross Rent % change	13.8
Median Gross Rent change rank compared to US	1,670
Median Gross Rent change rank compared to Washington	28
Home Value 2015	184,200
Home Value 2009	162,700
Home Value % change	13.2
Home Value change rank compared to US	1,025
Home Value change rank compared to Washington	9
Rental Yield 2015	5.4
Rental Yield 2009	5.4
Rental Yield % change	0.5
Rental Yield change rank compared to US	2,214
Rental Yield change rank compared to Washington	37