Trend of Rental Yield in Parke 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: Parke County under performed than Indiana by -3.5
• % Change Population: Parke County under performed than US by -4.9
• CAGR Population: Parke County under performed than state by -0.6
• CAGR Population: Parke County under performed than US by -0.8
• % Change Median Gross Rent: Parke County out performed than Indiana by 4.1
• % Change Median Gross Rent: Parke County out performed than US by 1.5
• CAGR Median Gross Rent: Parke County out performed than state by 0.6
• CAGR Median Gross Rent: Parke County out performed than US by 0.3
• % Change Home Value: Parke County under performed than Indiana by -4.3
• % Change Home Value: Parke County out performed than US by 2.7
• CAGR Home Value: Parke County under performed than state by -0.7
• CAGR Home Value: Parke County out performed than US by 0.4
• % Change Rental Yield: Parke County out performed than Indiana by 8.8
• % Change Rental Yield: Parke County under performed than US by -1.6
• CAGR Rental Yield: Parke County out performed than state by 1.3
• CAGR Rental Yield: Parke County under performed than US by -0.3

County	Parke County
Population 2015	17,107
Population 2009	17,094
Population % change	0.1
Population change rank compared to US	2,089
Population change rank compared to Indiana	62
Median Gross Rent 2015	579
Median Gross Rent 2009	503
Median Gross Rent % change	15.1
Median Gross Rent change rank compared to US	1,469
Median Gross Rent change rank compared to Indiana	25
Home Value 2015	88,200
Home Value 2009	89,100
Home Value % change	-1.0
Home Value change rank compared to US	2,361
Home Value change rank compared to Indiana	72
Rental Yield 2015	7.9
Rental Yield 2009	6.8
Rental Yield % change	16.3
Rental Yield change rank compared to US	838
Rental Yield change rank compared to Indiana	17