Trend of Rental Yield in Bracken County, Kentucky

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: Bracken County under performed than Kentucky by -5.7
• % Change Population: Bracken County under performed than US by -7.2
• CAGR Population: Bracken County under performed than state by -1.0
• CAGR Population: Bracken County under performed than US by -1.2
• % Change Median Gross Rent: Bracken County out performed than Kentucky by 2.7
• % Change Median Gross Rent: Bracken County out performed than US by 4.7
• CAGR Median Gross Rent: Bracken County out performed than state by 0.4
• CAGR Median Gross Rent: Bracken County out performed than US by 0.7
• % Change Home Value: Bracken County out performed than Kentucky by 0.7
• % Change Home Value: Bracken County out performed than US by 13.3
• CAGR Home Value: Bracken County out performed than state by 0.1
• CAGR Home Value: Bracken County out performed than US by 2.1
• % Change Rental Yield: Bracken County out performed than Kentucky by 1.8
• % Change Rental Yield: Bracken County under performed than US by -10.0
• CAGR Rental Yield: Bracken County out performed than state by 0.3
• CAGR Rental Yield: Bracken County under performed than US by -1.5

County	Bracken County
Population 2015	8,425
Population 2009	8,618
Population % change	-2.2
Population change rank compared to US	2,623
Population change rank compared to Kentucky	89
Median Gross Rent 2015	556
Median Gross Rent 2009	470
Median Gross Rent % change	18.3
Median Gross Rent change rank compared to US	1,062
Median Gross Rent change rank compared to Kentucky	47
Home Value 2015	95,800
Home Value 2009	87,400
Home Value % change	9.6
Home Value change rank compared to US	1,379
Home Value change rank compared to Kentucky	62
Rental Yield 2015	7.0
Rental Yield 2009	6.5
Rental Yield % change	7.9
Rental Yield change rank compared to US	1,482
Rental Yield change rank compared to Kentucky	47