Trend of Rental Yield in Wexford County, Michigan

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

CountyWexford County
Population 201532,751
Population 200931,624
Population % change3.6
Population change rank compared to US1,197
Population change rank compared to Michigan7
Median Gross Rent 2015717
Median Gross Rent 2009585
Median Gross Rent % change22.6
Median Gross Rent change rank compared to US669
Median Gross Rent change rank compared to Michigan4
Home Value 201591,800
Home Value 2009111,500
Home Value % change-17.7
Home Value change rank compared to US2,978
Home Value change rank compared to Michigan70
Rental Yield 20159.4
Rental Yield 20096.3
Rental Yield % change48.9
Rental Yield change rank compared to US90
Rental Yield change rank compared to Michigan7