Trend of Rental Yield in Carroll County, Illinois

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: Carroll County under performed than Illinois by -6.7
• % Change Population: Carroll County under performed than US by -11.0
• CAGR Population: Carroll County under performed than state by -1.1
• CAGR Population: Carroll County under performed than US by -1.8
• % Change Median Gross Rent: Carroll County out performed than Illinois by 6.5
• % Change Median Gross Rent: Carroll County out performed than US by 4.5
• CAGR Median Gross Rent: Carroll County out performed than state by 1.0
• CAGR Median Gross Rent: Carroll County out performed than US by 0.7
• % Change Home Value: Carroll County out performed than Illinois by 14.9
• % Change Home Value: Carroll County out performed than US by 5.3
• CAGR Home Value: Carroll County out performed than state by 2.6
• CAGR Home Value: Carroll County out performed than US by 0.9
• % Change Rental Yield: Carroll County under performed than Illinois by -12.4
• % Change Rental Yield: Carroll County under performed than US by -1.7
• CAGR Rental Yield: Carroll County under performed than state by -1.8
• CAGR Rental Yield: Carroll County under performed than US by -0.3

County	Carroll County
Population 2015	14,926
Population 2009	15,878
Population % change	-6.0
Population change rank compared to US	2,982
Population change rank compared to Illinois	96
Median Gross Rent 2015	601
Median Gross Rent 2009	509
Median Gross Rent % change	18.1
Median Gross Rent change rank compared to US	1,082
Median Gross Rent change rank compared to Illinois	18
Home Value 2015	95,700
Home Value 2009	94,200
Home Value % change	1.6
Home Value change rank compared to US	2,182
Home Value change rank compared to Illinois	74
Rental Yield 2015	7.5
Rental Yield 2009	6.5
Rental Yield % change	16.2
Rental Yield change rank compared to US	845
Rental Yield change rank compared to Illinois	21