Trend of Rental Yield in Saline 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: Saline County under performed than Kansas by -1.1
• % Change Population: Saline County under performed than US by -1.9
• CAGR Population: Saline County under performed than state by -0.2
• CAGR Population: Saline County under performed than US by -0.3
• % Change Median Gross Rent: Saline County out performed than Kansas by 3.8
• % Change Median Gross Rent: Saline County out performed than US by 6.3
• CAGR Median Gross Rent: Saline County out performed than state by 0.6
• CAGR Median Gross Rent: Saline County out performed than US by 1.0
• % Change Home Value: Saline County out performed than Kansas by 1.4
• % Change Home Value: Saline County out performed than US by 16.5
• CAGR Home Value: Saline County out performed than state by 0.2
• CAGR Home Value: Saline County out performed than US by 2.6
• % Change Rental Yield: Saline County out performed than Kansas by 2.1
• % Change Rental Yield: Saline County under performed than US by -11.6
• CAGR Rental Yield: Saline County out performed than state by 0.3
• CAGR Rental Yield: Saline County under performed than US by -1.8

County	Saline County
Population 2015	55,735
Population 2009	54,076
Population % change	3.1
Population change rank compared to US	1,308
Population change rank compared to Kansas	28
Median Gross Rent 2015	692
Median Gross Rent 2009	577
Median Gross Rent % change	19.9
Median Gross Rent change rank compared to US	879
Median Gross Rent change rank compared to Kansas	39
Home Value 2015	122,200
Home Value 2009	108,300
Home Value % change	12.8
Home Value change rank compared to US	1,064
Home Value change rank compared to Kansas	64
Rental Yield 2015	6.8
Rental Yield 2009	6.4
Rental Yield % change	6.3
Rental Yield change rank compared to US	1,643
Rental Yield change rank compared to Kansas	44