Trend of Rental Yield in Shoshone County, Idaho

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: Shoshone County under performed than Idaho by -10.0
• % Change Population: Shoshone County under performed than US by -6.7
• CAGR Population: Shoshone County under performed than state by -1.6
• CAGR Population: Shoshone County under performed than US by -1.1
• % Change Median Gross Rent: Shoshone County out performed than Idaho by 15.2
• % Change Median Gross Rent: Shoshone County out performed than US by 11.9
• CAGR Median Gross Rent: Shoshone County out performed than state by 2.3
• CAGR Median Gross Rent: Shoshone County out performed than US by 1.8
• % Change Home Value: Shoshone County under performed than Idaho by -9.1
• % Change Home Value: Shoshone County under performed than US by -7.7
• CAGR Home Value: Shoshone County under performed than state by -1.6
• CAGR Home Value: Shoshone County under performed than US by -1.4
• % Change Rental Yield: Shoshone County out performed than Idaho by 28.7
• % Change Rental Yield: Shoshone County out performed than US by 23.6
• CAGR Rental Yield: Shoshone County out performed than state by 4.0
• CAGR Rental Yield: Shoshone County out performed than US by 3.2

County	Shoshone County
Population 2015	12,571
Population 2009	12,794
Population % change	-1.7
Population change rank compared to US	2,529
Population change rank compared to Idaho	39
Median Gross Rent 2015	621
Median Gross Rent 2009	495
Median Gross Rent % change	25.5
Median Gross Rent change rank compared to US	475
Median Gross Rent change rank compared to Idaho	8
Home Value 2015	119,600
Home Value 2009	134,900
Home Value % change	-11.3
Home Value change rank compared to US	2,837
Home Value change rank compared to Idaho	36
Rental Yield 2015	6.2
Rental Yield 2009	4.4
Rental Yield % change	41.5
Rental Yield change rank compared to US	146
Rental Yield change rank compared to Idaho	1