Trend of Rental Yield in Kane 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: Kane County out performed than Illinois by 5.5
• % Change Population: Kane County out performed than US by 1.2
• CAGR Population: Kane County out performed than state by 0.9
• CAGR Population: Kane County out performed than US by 0.2
• % Change Median Gross Rent: Kane County under performed than Illinois by -0.3
• % Change Median Gross Rent: Kane County under performed than US by -2.4
• CAGR Median Gross Rent: Kane County under performed than state by 0.0
• CAGR Median Gross Rent: Kane County under performed than US by -0.3
• % Change Home Value: Kane County out performed than Illinois by 1.3
• % Change Home Value: Kane County under performed than US by -8.3
• CAGR Home Value: Kane County out performed than state by 0.2
• CAGR Home Value: Kane County under performed than US by -1.5
• % Change Rental Yield: Kane County under performed than Illinois by -2.2
• % Change Rental Yield: Kane County out performed than US by 8.5
• CAGR Rental Yield: Kane County under performed than state by -0.3
• CAGR Rental Yield: Kane County out performed than US by 1.2

County	Kane County
Population 2015	524,886
Population 2009	494,371
Population % change	6.2
Population change rank compared to US	736
Population change rank compared to Illinois	5
Median Gross Rent 2015	1,011
Median Gross Rent 2009	909
Median Gross Rent % change	11.2
Median Gross Rent change rank compared to US	2,063
Median Gross Rent change rank compared to Illinois	58
Home Value 2015	213,200
Home Value 2009	242,300
Home Value % change	-12.0
Home Value change rank compared to US	2,859
Home Value change rank compared to Illinois	96
Rental Yield 2015	5.7
Rental Yield 2009	4.5
Rental Yield % change	26.4
Rental Yield change rank compared to US	425
Rental Yield change rank compared to Illinois	10