Trend of Rental Yield in Lawrence 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: Lawrence County out performed than Illinois by 0.0
• % Change Population: Lawrence County under performed than US by -4.3
• CAGR Population: Lawrence County under performed than state by 0.0
• CAGR Population: Lawrence County under performed than US by -0.7
• % Change Median Gross Rent: Lawrence County out performed than Illinois by 6.4
• % Change Median Gross Rent: Lawrence County out performed than US by 4.4
• CAGR Median Gross Rent: Lawrence County out performed than state by 1.0
• CAGR Median Gross Rent: Lawrence County out performed than US by 0.7
• % Change Home Value: Lawrence County out performed than Illinois by 14.0
• % Change Home Value: Lawrence County out performed than US by 4.4
• CAGR Home Value: Lawrence County out performed than state by 2.4
• CAGR Home Value: Lawrence County out performed than US by 0.7
• % Change Rental Yield: Lawrence County under performed than Illinois by -11.5
• % Change Rental Yield: Lawrence County under performed than US by -0.8
• CAGR Rental Yield: Lawrence County under performed than state by -1.6
• CAGR Rental Yield: Lawrence County under performed than US by -0.1

County	Lawrence County
Population 2015	16,665
Population 2009	16,550
Population % change	0.7
Population change rank compared to US	1,920
Population change rank compared to Illinois	36
Median Gross Rent 2015	544
Median Gross Rent 2009	461
Median Gross Rent % change	18.0
Median Gross Rent change rank compared to US	1,091
Median Gross Rent change rank compared to Illinois	20
Home Value 2015	66,700
Home Value 2009	66,200
Home Value % change	0.8
Home Value change rank compared to US	2,241
Home Value change rank compared to Illinois	80
Rental Yield 2015	9.8
Rental Yield 2009	8.4
Rental Yield % change	17.1
Rental Yield change rank compared to US	788
Rental Yield change rank compared to Illinois	19