Trend of Rental Yield in Pope 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

CountyPope County
Population 20154,331
Population 20094,071
Population % change6.4
Population change rank compared to US692
Population change rank compared to Illinois4
Median Gross Rent 2015455
Median Gross Rent 2009374
Median Gross Rent % change21.7
Median Gross Rent change rank compared to US731
Median Gross Rent change rank compared to Illinois13
Home Value 2015102,000
Home Value 200985,100
Home Value % change19.9
Home Value change rank compared to US569
Home Value change rank compared to Illinois9
Rental Yield 20155.4
Rental Yield 20095.3
Rental Yield % change1.5
Rental Yield change rank compared to US2,121
Rental Yield change rank compared to Illinois71