Trend of Rental Yield in Sumner 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: Sumner County under performed than Kansas by -5.1
• % Change Population: Sumner County under performed than US by -6.0
• CAGR Population: Sumner County under performed than state by -0.9
• CAGR Population: Sumner County under performed than US by -1.0
• % Change Median Gross Rent: Sumner County out performed than Kansas by 1.7
• % Change Median Gross Rent: Sumner County out performed than US by 4.2
• CAGR Median Gross Rent: Sumner County out performed than state by 0.3
• CAGR Median Gross Rent: Sumner County out performed than US by 0.7
• % Change Home Value: Sumner County under performed than Kansas by -8.3
• % Change Home Value: Sumner County out performed than US by 6.7
• CAGR Home Value: Sumner County under performed than state by -1.3
• CAGR Home Value: Sumner County out performed than US by 1.1
• % Change Rental Yield: Sumner County out performed than Kansas by 10.0
• % Change Rental Yield: Sumner County under performed than US by -3.7
• CAGR Rental Yield: Sumner County out performed than state by 1.5
• CAGR Rental Yield: Sumner County under performed than US by -0.6

County	Sumner County
Population 2015	23,638
Population 2009	23,871
Population % change	-1.0
Population change rank compared to US	2,360
Population change rank compared to Kansas	73
Median Gross Rent 2015	630
Median Gross Rent 2009	535
Median Gross Rent % change	17.8
Median Gross Rent change rank compared to US	1,122
Median Gross Rent change rank compared to Kansas	51
Home Value 2015	83,900
Home Value 2009	81,400
Home Value % change	3.1
Home Value change rank compared to US	2,044
Home Value change rank compared to Kansas	92
Rental Yield 2015	9.0
Rental Yield 2009	7.9
Rental Yield % change	14.2
Rental Yield change rank compared to US	978
Rental Yield change rank compared to Kansas	21