Trend of Rental Yield in Clark 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: Clark County under performed than Washington by -1.2
• % Change Population: Clark County out performed than US by 1.8
• CAGR Population: Clark County under performed than state by -0.2
• CAGR Population: Clark County out performed than US by 0.3
• % Change Median Gross Rent: Clark County under performed than Washington by -1.9
• % Change Median Gross Rent: Clark County out performed than US by 3.4
• CAGR Median Gross Rent: Clark County under performed than state by -0.2
• CAGR Median Gross Rent: Clark County out performed than US by 0.6
• % Change Home Value: Clark County under performed than Washington by -2.7
• % Change Home Value: Clark County under performed than US by -5.5
• CAGR Home Value: Clark County under performed than state by -0.5
• CAGR Home Value: Clark County under performed than US by -1.0
• % Change Rental Yield: Clark County out performed than Washington by 1.7
• % Change Rental Yield: Clark County out performed than US by 11.0
• CAGR Rental Yield: Clark County out performed than state by 0.2
• CAGR Rental Yield: Clark County out performed than US by 1.5

County	Clark County
Population 2015	444,506
Population 2009	416,205
Population % change	6.8
Population change rank compared to US	640
Population change rank compared to Washington	14
Median Gross Rent 2015	990
Median Gross Rent 2009	846
Median Gross Rent % change	17.0
Median Gross Rent change rank compared to US	1,212
Median Gross Rent change rank compared to Washington	21
Home Value 2015	234,800
Home Value 2009	258,600
Home Value % change	-9.2
Home Value change rank compared to US	2,783
Home Value change rank compared to Washington	37
Rental Yield 2015	5.1
Rental Yield 2009	3.9
Rental Yield % change	28.9
Rental Yield change rank compared to US	373
Rental Yield change rank compared to Washington	6