Trend of Rental Yield in Iron County, Wisconsin

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: Iron County under performed than Wisconsin by -8.3
• % Change Population: Iron County under performed than US by -10.7
• CAGR Population: Iron County under performed than state by -1.4
• CAGR Population: Iron County under performed than US by -1.8
• % Change Median Gross Rent: Iron County under performed than Wisconsin by -0.6
• % Change Median Gross Rent: Iron County under performed than US by -3.4
• CAGR Median Gross Rent: Iron County under performed than state by -0.1
• CAGR Median Gross Rent: Iron County under performed than US by -0.5
• % Change Home Value: Iron County out performed than Wisconsin by 2.0
• % Change Home Value: Iron County out performed than US by 5.5
• CAGR Home Value: Iron County out performed than state by 0.3
• CAGR Home Value: Iron County out performed than US by 0.9
• % Change Rental Yield: Iron County under performed than Wisconsin by -2.8
• % Change Rental Yield: Iron County under performed than US by -9.7
• CAGR Rental Yield: Iron County under performed than state by -0.5
• CAGR Rental Yield: Iron County under performed than US by -1.5

County	Iron County
Population 2015	5,907
Population 2009	6,267
Population % change	-5.7
Population change rank compared to US	2,966
Population change rank compared to Wisconsin	71
Median Gross Rent 2015	485
Median Gross Rent 2009	440
Median Gross Rent % change	10.2
Median Gross Rent change rank compared to US	2,210
Median Gross Rent change rank compared to Wisconsin	43
Home Value 2015	104,700
Home Value 2009	102,800
Home Value % change	1.8
Home Value change rank compared to US	2,162
Home Value change rank compared to Wisconsin	46
Rental Yield 2015	5.6
Rental Yield 2009	5.1
Rental Yield % change	8.2
Rental Yield change rank compared to US	1,455
Rental Yield change rank compared to Wisconsin	38