Trend of Rental Yield in Jay County, Indiana

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: Jay County under performed than Indiana by -3.6
• % Change Population: Jay County under performed than US by -5.1
• CAGR Population: Jay County under performed than state by -0.6
• CAGR Population: Jay County under performed than US by -0.8
• % Change Median Gross Rent: Jay County out performed than Indiana by 8.5
• % Change Median Gross Rent: Jay County out performed than US by 5.9
• CAGR Median Gross Rent: Jay County out performed than state by 1.2
• CAGR Median Gross Rent: Jay County out performed than US by 0.9
• % Change Home Value: Jay County under performed than Indiana by -2.4
• % Change Home Value: Jay County out performed than US by 4.6
• CAGR Home Value: Jay County under performed than state by -0.4
• CAGR Home Value: Jay County out performed than US by 0.7
• % Change Rental Yield: Jay County out performed than Indiana by 11.0
• % Change Rental Yield: Jay County out performed than US by 0.5
• CAGR Rental Yield: Jay County out performed than state by 1.7
• CAGR Rental Yield: Jay County out performed than US by 0.1

County	Jay County
Population 2015	21,255
Population 2009	21,270
Population % change	-0.1
Population change rank compared to US	2,145
Population change rank compared to Indiana	64
Median Gross Rent 2015	576
Median Gross Rent 2009	482
Median Gross Rent % change	19.5
Median Gross Rent change rank compared to US	929
Median Gross Rent change rank compared to Indiana	11
Home Value 2015	79,400
Home Value 2009	78,700
Home Value % change	0.9
Home Value change rank compared to US	2,235
Home Value change rank compared to Indiana	61
Rental Yield 2015	8.7
Rental Yield 2009	7.3
Rental Yield % change	18.4
Rental Yield change rank compared to US	717
Rental Yield change rank compared to Indiana	12