Trend of Rental Yield in Manatee 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: Manatee County out performed than Florida by 2.0
• % Change Population: Manatee County out performed than US by 4.8
• CAGR Population: Manatee County out performed than state by 0.3
• CAGR Population: Manatee County out performed than US by 0.8
• % Change Median Gross Rent: Manatee County under performed than Florida by -5.0
• % Change Median Gross Rent: Manatee County under performed than US by -11.3
• CAGR Median Gross Rent: Manatee County under performed than state by -0.8
• CAGR Median Gross Rent: Manatee County under performed than US by -1.7
• % Change Home Value: Manatee County out performed than Florida by 0.5
• % Change Home Value: Manatee County under performed than US by -20.6
• CAGR Home Value: Manatee County out performed than state by 0.1
• CAGR Home Value: Manatee County under performed than US by -3.9
• % Change Rental Yield: Manatee County under performed than Florida by -7.6
• % Change Rental Yield: Manatee County out performed than US by 17.1
• CAGR Rental Yield: Manatee County under performed than state by -1.0
• CAGR Rental Yield: Manatee County out performed than US by 2.3

County	Manatee County
Population 2015	343,729
Population 2009	313,011
Population % change	9.8
Population change rank compared to US	388
Population change rank compared to Florida	15
Median Gross Rent 2015	954
Median Gross Rent 2009	933
Median Gross Rent % change	2.3
Median Gross Rent change rank compared to US	2,888
Median Gross Rent change rank compared to Florida	48
Home Value 2015	169,000
Home Value 2009	223,100
Home Value % change	-24.2
Home Value change rank compared to US	3,063
Home Value change rank compared to Florida	39
Rental Yield 2015	6.8
Rental Yield 2009	5.0
Rental Yield % change	35.0
Rental Yield change rank compared to US	238
Rental Yield change rank compared to Florida	39