Trend of Rental Yield in Racine 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: Racine County under performed than Wisconsin by -4.7
• % Change Population: Racine County under performed than US by -7.1
• CAGR Population: Racine County under performed than state by -0.8
• CAGR Population: Racine County under performed than US by -1.2
• % Change Median Gross Rent: Racine County out performed than Wisconsin by 0.2
• % Change Median Gross Rent: Racine County under performed than US by -2.5
• CAGR Median Gross Rent: Racine County out performed than state by 0.1
• CAGR Median Gross Rent: Racine County under performed than US by -0.3
• % Change Home Value: Racine County under performed than Wisconsin by -4.0
• % Change Home Value: Racine County under performed than US by -0.5
• CAGR Home Value: Racine County under performed than state by -0.7
• CAGR Home Value: Racine County under performed than US by -0.1
• % Change Rental Yield: Racine County out performed than Wisconsin by 4.8
• % Change Rental Yield: Racine County under performed than US by -2.1
• CAGR Rental Yield: Racine County out performed than state by 0.7
• CAGR Rental Yield: Racine County under performed than US by -0.3

County	Racine County
Population 2015	194,895
Population 2009	199,147
Population % change	-2.1
Population change rank compared to US	2,602
Population change rank compared to Wisconsin	59
Median Gross Rent 2015	783
Median Gross Rent 2009	705
Median Gross Rent % change	11.1
Median Gross Rent change rank compared to US	2,088
Median Gross Rent change rank compared to Wisconsin	36
Home Value 2015	164,600
Home Value 2009	171,700
Home Value % change	-4.1
Home Value change rank compared to US	2,546
Home Value change rank compared to Wisconsin	64
Rental Yield 2015	5.7
Rental Yield 2009	4.9
Rental Yield % change	15.9
Rental Yield change rank compared to US	876
Rental Yield change rank compared to Wisconsin	11