Trend of Rental Yield in Centre County, Pennsylvania

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

CountyCentre County
Population 2015157,823
Population 2009144,306
Population % change9.4
Population change rank compared to US418
Population change rank compared to Pennsylvania2
Median Gross Rent 2015900
Median Gross Rent 2009758
Median Gross Rent % change18.7
Median Gross Rent change rank compared to US1,010
Median Gross Rent change rank compared to Pennsylvania29
Home Value 2015197,200
Home Value 2009167,200
Home Value % change17.9
Home Value change rank compared to US686
Home Value change rank compared to Pennsylvania13
Rental Yield 20155.5
Rental Yield 20095.4
Rental Yield % change0.7
Rental Yield change rank compared to US2,195
Rental Yield change rank compared to Pennsylvania50