Trend of Rental Yield in Chelan 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: Chelan County under performed than Washington by -2.9
• % Change Population: Chelan County out performed than US by 0.1
• CAGR Population: Chelan County under performed than state by -0.5
• CAGR Population: Chelan County under performed than US by 0.0
• % Change Median Gross Rent: Chelan County out performed than Washington by 5.4
• % Change Median Gross Rent: Chelan County out performed than US by 10.7
• CAGR Median Gross Rent: Chelan County out performed than state by 0.8
• CAGR Median Gross Rent: Chelan County out performed than US by 1.6
• % Change Home Value: Chelan County out performed than Washington by 16.1
• % Change Home Value: Chelan County out performed than US by 13.3
• CAGR Home Value: Chelan County out performed than state by 2.6
• CAGR Home Value: Chelan County out performed than US by 2.1
• % Change Rental Yield: Chelan County under performed than Washington by -13.8
• % Change Rental Yield: Chelan County under performed than US by -4.5
• CAGR Rental Yield: Chelan County under performed than state by -2.0
• CAGR Rental Yield: Chelan County under performed than US by -0.7

County	Chelan County
Population 2015	74,267
Population 2009	70,668
Population % change	5.1
Population change rank compared to US	906
Population change rank compared to Washington	19
Median Gross Rent 2015	788
Median Gross Rent 2009	634
Median Gross Rent % change	24.3
Median Gross Rent change rank compared to US	547
Median Gross Rent change rank compared to Washington	7
Home Value 2015	246,300
Home Value 2009	224,700
Home Value % change	9.6
Home Value change rank compared to US	1,378
Home Value change rank compared to Washington	12
Rental Yield 2015	3.8
Rental Yield 2009	3.4
Rental Yield % change	13.4
Rental Yield change rank compared to US	1,032
Rental Yield change rank compared to Washington	23