Trend of Rental Yield in Grant County, West 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: Grant County under performed than West Virginia by -2.0
• % Change Population: Grant County under performed than US by -4.8
• CAGR Population: Grant County under performed than state by -0.4
• CAGR Population: Grant County under performed than US by -0.8
• % Change Median Gross Rent: Grant County out performed than West Virginia by 0.7
• % Change Median Gross Rent: Grant County out performed than US by 7.5
• CAGR Median Gross Rent: Grant County out performed than state by 0.1
• CAGR Median Gross Rent: Grant County out performed than US by 1.1
• % Change Home Value: Grant County out performed than West Virginia by 11.8
• % Change Home Value: Grant County out performed than US by 29.1
• CAGR Home Value: Grant County out performed than state by 1.7
• CAGR Home Value: Grant County out performed than US by 4.4
• % Change Rental Yield: Grant County under performed than West Virginia by -9.5
• % Change Rental Yield: Grant County under performed than US by -21.4
• CAGR Rental Yield: Grant County under performed than state by -1.6
• CAGR Rental Yield: Grant County under performed than US by -3.4

County	Grant County
Population 2015	11,815
Population 2009	11,789
Population % change	0.2
Population change rank compared to US	2,043
Population change rank compared to West Virginia	31
Median Gross Rent 2015	569
Median Gross Rent 2009	470
Median Gross Rent % change	21.1
Median Gross Rent change rank compared to US	787
Median Gross Rent change rank compared to West Virginia	24
Home Value 2015	124,900
Home Value 2009	99,600
Home Value % change	25.4
Home Value change rank compared to US	330
Home Value change rank compared to West Virginia	3
Rental Yield 2015	5.5
Rental Yield 2009	5.7
Rental Yield % change	-3.5
Rental Yield change rank compared to US	2,507
Rental Yield change rank compared to West Virginia	43