Trend of Rental Yield in Clay 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: Clay County out performed than Florida by 2.0
• % Change Population: Clay County out performed than US by 4.8
• CAGR Population: Clay County out performed than state by 0.3
• CAGR Population: Clay County out performed than US by 0.8
• % Change Median Gross Rent: Clay County out performed than Florida by 0.2
• % Change Median Gross Rent: Clay County under performed than US by -6.1
• CAGR Median Gross Rent: Clay County under performed than state by 0.0
• CAGR Median Gross Rent: Clay County under performed than US by -0.9
• % Change Home Value: Clay County out performed than Florida by 6.6
• % Change Home Value: Clay County under performed than US by -14.5
• CAGR Home Value: Clay County out performed than state by 1.3
• CAGR Home Value: Clay County under performed than US by -2.7
• % Change Rental Yield: Clay County under performed than Florida by -11.1
• % Change Rental Yield: Clay County out performed than US by 13.5
• CAGR Rental Yield: Clay County under performed than state by -1.4
• CAGR Rental Yield: Clay County out performed than US by 1.9

County	Clay County
Population 2015	197,417
Population 2009	179,850
Population % change	9.8
Population change rank compared to US	392
Population change rank compared to Florida	16
Median Gross Rent 2015	1,014
Median Gross Rent 2009	943
Median Gross Rent % change	7.5
Median Gross Rent change rank compared to US	2,557
Median Gross Rent change rank compared to Florida	29
Home Value 2015	153,000
Home Value 2009	187,000
Home Value % change	-18.2
Home Value change rank compared to US	2,990
Home Value change rank compared to Florida	24
Rental Yield 2015	8.0
Rental Yield 2009	6.1
Rental Yield % change	31.4
Rental Yield change rank compared to US	311
Rental Yield change rank compared to Florida	44