Trend of Rental Yield in Clay County, Iowa

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: Clay County under performed than Iowa by -4.7
• % Change Population: Clay County under performed than US by -5.8
• CAGR Population: Clay County under performed than state by -0.7
• CAGR Population: Clay County under performed than US by -0.9
• % Change Median Gross Rent: Clay County out performed than Iowa by 7.1
• % Change Median Gross Rent: Clay County out performed than US by 8.4
• CAGR Median Gross Rent: Clay County out performed than state by 1.1
• CAGR Median Gross Rent: Clay County out performed than US by 1.3
• % Change Home Value: Clay County out performed than Iowa by 3.5
• % Change Home Value: Clay County out performed than US by 18.8
• CAGR Home Value: Clay County out performed than state by 0.6
• CAGR Home Value: Clay County out performed than US by 3.0
• % Change Rental Yield: Clay County out performed than Iowa by 3.0
• % Change Rental Yield: Clay County under performed than US by -11.9
• CAGR Rental Yield: Clay County out performed than state by 0.5
• CAGR Rental Yield: Clay County under performed than US by -1.8

County	Clay County
Population 2015	16,537
Population 2009	16,676
Population % change	-0.8
Population change rank compared to US	2,326
Population change rank compared to Iowa	62
Median Gross Rent 2015	594
Median Gross Rent 2009	487
Median Gross Rent % change	22.0
Median Gross Rent change rank compared to US	715
Median Gross Rent change rank compared to Iowa	26
Home Value 2015	110,500
Home Value 2009	96,000
Home Value % change	15.1
Home Value change rank compared to US	876
Home Value change rank compared to Iowa	23
Rental Yield 2015	6.5
Rental Yield 2009	6.1
Rental Yield % change	6.0
Rental Yield change rank compared to US	1,679
Rental Yield change rank compared to Iowa	47