Trend of Rental Yield in Ogle 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: Ogle County under performed than Illinois by -5.2
• % Change Population: Ogle County under performed than US by -9.5
• CAGR Population: Ogle County under performed than state by -0.9
• CAGR Population: Ogle County under performed than US by -1.6
• % Change Median Gross Rent: Ogle County under performed than Illinois by -1.1
• % Change Median Gross Rent: Ogle County under performed than US by -3.1
• CAGR Median Gross Rent: Ogle County under performed than state by -0.1
• CAGR Median Gross Rent: Ogle County under performed than US by -0.4
• % Change Home Value: Ogle County out performed than Illinois by 7.4
• % Change Home Value: Ogle County under performed than US by -2.2
• CAGR Home Value: Ogle County out performed than state by 1.3
• CAGR Home Value: Ogle County under performed than US by -0.4
• % Change Rental Yield: Ogle County under performed than Illinois by -11.2
• % Change Rental Yield: Ogle County under performed than US by -0.5
• CAGR Rental Yield: Ogle County under performed than state by -1.6
• CAGR Rental Yield: Ogle County under performed than US by -0.1

County	Ogle County
Population 2015	52,397
Population 2009	54,841
Population % change	-4.5
Population change rank compared to US	2,888
Population change rank compared to Illinois	91
Median Gross Rent 2015	674
Median Gross Rent 2009	610
Median Gross Rent % change	10.5
Median Gross Rent change rank compared to US	2,171
Median Gross Rent change rank compared to Illinois	61
Home Value 2015	140,000
Home Value 2009	148,800
Home Value % change	-5.9
Home Value change rank compared to US	2,643
Home Value change rank compared to Illinois	92
Rental Yield 2015	5.8
Rental Yield 2009	4.9
Rental Yield % change	17.4
Rental Yield change rank compared to US	776
Rental Yield change rank compared to Illinois	18