Trend of Rental Yield in Piatt 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: Piatt County under performed than Illinois by -0.7
• % Change Population: Piatt County under performed than US by -5.0
• CAGR Population: Piatt County under performed than state by -0.1
• CAGR Population: Piatt County under performed than US by -0.8
• % Change Median Gross Rent: Piatt County out performed than Illinois by 7.6
• % Change Median Gross Rent: Piatt County out performed than US by 5.6
• CAGR Median Gross Rent: Piatt County out performed than state by 1.2
• CAGR Median Gross Rent: Piatt County out performed than US by 0.9
• % Change Home Value: Piatt County out performed than Illinois by 16.3
• % Change Home Value: Piatt County out performed than US by 6.7
• CAGR Home Value: Piatt County out performed than state by 2.8
• CAGR Home Value: Piatt County out performed than US by 1.1
• % Change Rental Yield: Piatt County under performed than Illinois by -12.9
• % Change Rental Yield: Piatt County under performed than US by -2.2
• CAGR Rental Yield: Piatt County under performed than state by -1.8
• CAGR Rental Yield: Piatt County under performed than US by -0.3

County	Piatt County
Population 2015	16,495
Population 2009	16,499
Population % change	0.0
Population change rank compared to US	2,134
Population change rank compared to Illinois	54
Median Gross Rent 2015	745
Median Gross Rent 2009	625
Median Gross Rent % change	19.2
Median Gross Rent change rank compared to US	962
Median Gross Rent change rank compared to Illinois	15
Home Value 2015	123,600
Home Value 2009	120,000
Home Value % change	3
Home Value change rank compared to US	2,051
Home Value change rank compared to Illinois	65
Rental Yield 2015	7.2
Rental Yield 2009	6.3
Rental Yield % change	15.7
Rental Yield change rank compared to US	890
Rental Yield change rank compared to Illinois	22