Trend of Rental Yield in Alachua County, Florida

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: Alachua County under performed than Florida by -1.4
• % Change Population: Alachua County out performed than US by 1.4
• CAGR Population: Alachua County under performed than state by -0.3
• CAGR Population: Alachua County out performed than US by 0.2
• % Change Median Gross Rent: Alachua County under performed than Florida by -2.7
• % Change Median Gross Rent: Alachua County under performed than US by -9.0
• CAGR Median Gross Rent: Alachua County under performed than state by -0.5
• CAGR Median Gross Rent: Alachua County under performed than US by -1.4
• % Change Home Value: Alachua County out performed than Florida by 13.2
• % Change Home Value: Alachua County under performed than US by -7.9
• CAGR Home Value: Alachua County out performed than state by 2.6
• CAGR Home Value: Alachua County under performed than US by -1.4
• % Change Rental Yield: Alachua County under performed than Florida by -24.3
• % Change Rental Yield: Alachua County out performed than US by 0.4
• CAGR Rental Yield: Alachua County under performed than state by -3.3
• CAGR Rental Yield: Alachua County under performed than US by 0.0

County	Alachua County
Population 2015	254,218
Population 2009	238,990
Population % change	6.4
Population change rank compared to US	698
Population change rank compared to Florida	32
Median Gross Rent 2015	871
Median Gross Rent 2009	833
Median Gross Rent % change	4.6
Median Gross Rent change rank compared to US	2,778
Median Gross Rent change rank compared to Florida	43
Home Value 2015	164,000
Home Value 2009	185,500
Home Value % change	-11.6
Home Value change rank compared to US	2,845
Home Value change rank compared to Florida	14
Rental Yield 2015	6.4
Rental Yield 2009	5.4
Rental Yield % change	18.3
Rental Yield change rank compared to US	733
Rental Yield change rank compared to Florida	56