Trend of Rental Yield in Pike 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: Pike County under performed than Indiana by -2.0
• % Change Population: Pike County under performed than US by -3.5
• CAGR Population: Pike County under performed than state by -0.3
• CAGR Population: Pike County under performed than US by -0.5
• % Change Median Gross Rent: Pike County out performed than Indiana by 16.5
• % Change Median Gross Rent: Pike County out performed than US by 14.0
• CAGR Median Gross Rent: Pike County out performed than state by 2.3
• CAGR Median Gross Rent: Pike County out performed than US by 2.0
• % Change Home Value: Pike County out performed than Indiana by 6.6
• % Change Home Value: Pike County out performed than US by 13.6
• CAGR Home Value: Pike County out performed than state by 1.1
• CAGR Home Value: Pike County out performed than US by 2.2
• % Change Rental Yield: Pike County out performed than Indiana by 8.6
• % Change Rental Yield: Pike County under performed than US by -1.9
• CAGR Rental Yield: Pike County out performed than state by 1.3
• CAGR Rental Yield: Pike County under performed than US by -0.3

County	Pike County
Population 2015	12,687
Population 2009	12,496
Population % change	1.5
Population change rank compared to US	1,692
Population change rank compared to Indiana	42
Median Gross Rent 2015	620
Median Gross Rent 2009	486
Median Gross Rent % change	27.6
Median Gross Rent change rank compared to US	372
Median Gross Rent change rank compared to Indiana	7
Home Value 2015	88,400
Home Value 2009	80,400
Home Value % change	10.0
Home Value change rank compared to US	1,339
Home Value change rank compared to Indiana	11
Rental Yield 2015	8.4
Rental Yield 2009	7.3
Rental Yield % change	16.0
Rental Yield change rank compared to US	862
Rental Yield change rank compared to Indiana	21