Trend of Rental Yield in Harper County, Kansas

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: Harper County under performed than Kansas by -3.0
• % Change Population: Harper County under performed than US by -3.8
• CAGR Population: Harper County under performed than state by -0.5
• CAGR Population: Harper County under performed than US by -0.6
• % Change Median Gross Rent: Harper County out performed than Kansas by 13.1
• % Change Median Gross Rent: Harper County out performed than US by 15.7
• CAGR Median Gross Rent: Harper County out performed than state by 1.9
• CAGR Median Gross Rent: Harper County out performed than US by 2.3
• % Change Home Value: Harper County under performed than Kansas by -3.3
• % Change Home Value: Harper County out performed than US by 11.7
• CAGR Home Value: Harper County under performed than state by -0.5
• CAGR Home Value: Harper County out performed than US by 1.9
• % Change Rental Yield: Harper County out performed than Kansas by 15.4
• % Change Rental Yield: Harper County out performed than US by 1.7
• CAGR Rental Yield: Harper County out performed than state by 2.3
• CAGR Rental Yield: Harper County out performed than US by 0.2

County	Harper County
Population 2015	5,861
Population 2009	5,794
Population % change	1.2
Population change rank compared to US	1,779
Population change rank compared to Kansas	46
Median Gross Rent 2015	601
Median Gross Rent 2009	465
Median Gross Rent % change	29.2
Median Gross Rent change rank compared to US	320
Median Gross Rent change rank compared to Kansas	23
Home Value 2015	66,900
Home Value 2009	61,900
Home Value % change	8.1
Home Value change rank compared to US	1,537
Home Value change rank compared to Kansas	74
Rental Yield 2015	10.8
Rental Yield 2009	9.0
Rental Yield % change	19.6
Rental Yield change rank compared to US	664
Rental Yield change rank compared to Kansas	14