Trend of Rental Yield in Wirt 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: Wirt County out performed than West Virginia by 0.3
• % Change Population: Wirt County under performed than US by -2.4
• CAGR Population: Wirt County under performed than state by 0.0
• CAGR Population: Wirt County under performed than US by -0.4
• % Change Median Gross Rent: Wirt County under performed than West Virginia by -2.6
• % Change Median Gross Rent: Wirt County out performed than US by 4.3
• CAGR Median Gross Rent: Wirt County under performed than state by -0.3
• CAGR Median Gross Rent: Wirt County out performed than US by 0.7
• % Change Home Value: Wirt County out performed than West Virginia by 16.4
• % Change Home Value: Wirt County out performed than US by 33.6
• CAGR Home Value: Wirt County out performed than state by 2.4
• CAGR Home Value: Wirt County out performed than US by 5.1
• % Change Rental Yield: Wirt County under performed than West Virginia by -15.3
• % Change Rental Yield: Wirt County under performed than US by -27.2
• CAGR Rental Yield: Wirt County under performed than state by -2.6
• CAGR Rental Yield: Wirt County under performed than US by -4.4

County	Wirt County
Population 2015	5,841
Population 2009	5,696
Population % change	2.5
Population change rank compared to US	1,445
Population change rank compared to West Virginia	20
Median Gross Rent 2015	495
Median Gross Rent 2009	420
Median Gross Rent % change	17.9
Median Gross Rent change rank compared to US	1,106
Median Gross Rent change rank compared to West Virginia	31
Home Value 2015	80,300
Home Value 2009	61,800
Home Value % change	29.9
Home Value change rank compared to US	227
Home Value change rank compared to West Virginia	2
Rental Yield 2015	7.4
Rental Yield 2009	8.2
Rental Yield % change	-9.3
Rental Yield change rank compared to US	2,797
Rental Yield change rank compared to West Virginia	53