Trend of Rental Yield in Newton 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: Newton County under performed than Indiana by -3.0
• % Change Population: Newton County under performed than US by -4.4
• CAGR Population: Newton County under performed than state by -0.5
• CAGR Population: Newton County under performed than US by -0.7
• % Change Median Gross Rent: Newton County out performed than Indiana by 2.6
• % Change Median Gross Rent: Newton County out performed than US by 0.1
• CAGR Median Gross Rent: Newton County out performed than state by 0.4
• CAGR Median Gross Rent: Newton County out performed than US by 0.1
• % Change Home Value: Newton County out performed than Indiana by 0.4
• % Change Home Value: Newton County out performed than US by 7.4
• CAGR Home Value: Newton County out performed than state by 0.1
• CAGR Home Value: Newton County out performed than US by 1.2
• % Change Rental Yield: Newton County out performed than Indiana by 2.1
• % Change Rental Yield: Newton County under performed than US by -8.4
• CAGR Rental Yield: Newton County out performed than state by 0.3
• CAGR Rental Yield: Newton County under performed than US by -1.3

County	Newton County
Population 2015	14,057
Population 2009	13,974
Population % change	0.6
Population change rank compared to US	1,947
Population change rank compared to Indiana	51
Median Gross Rent 2015	699
Median Gross Rent 2009	615
Median Gross Rent % change	13.7
Median Gross Rent change rank compared to US	1,685
Median Gross Rent change rank compared to Indiana	33
Home Value 2015	113,400
Home Value 2009	109,300
Home Value % change	3.8
Home Value change rank compared to US	1,981
Home Value change rank compared to Indiana	44
Rental Yield 2015	7.4
Rental Yield 2009	6.8
Rental Yield % change	9.5
Rental Yield change rank compared to US	1,332
Rental Yield change rank compared to Indiana	43