Trend of Rental Yield in Bullitt 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: Bullitt County out performed than Kentucky by 1.3
• % Change Population: Bullitt County under performed than US by -0.3
• CAGR Population: Bullitt County out performed than state by 0.2
• CAGR Population: Bullitt County under performed than US by 0.0
• % Change Median Gross Rent: Bullitt County out performed than Kentucky by 0.6
• % Change Median Gross Rent: Bullitt County out performed than US by 2.6
• CAGR Median Gross Rent: Bullitt County out performed than state by 0.1
• CAGR Median Gross Rent: Bullitt County out performed than US by 0.4
• % Change Home Value: Bullitt County under performed than Kentucky by -5.6
• % Change Home Value: Bullitt County out performed than US by 7.0
• CAGR Home Value: Bullitt County under performed than state by -0.8
• CAGR Home Value: Bullitt County out performed than US by 1.2
• % Change Rental Yield: Bullitt County out performed than Kentucky by 6.3
• % Change Rental Yield: Bullitt County under performed than US by -5.5
• CAGR Rental Yield: Bullitt County out performed than state by 1.0
• CAGR Rental Yield: Bullitt County under performed than US by -0.8

County	Bullitt County
Population 2015	76,961
Population 2009	73,528
Population % change	4.7
Population change rank compared to US	986
Population change rank compared to Kentucky	27
Median Gross Rent 2015	769
Median Gross Rent 2009	662
Median Gross Rent % change	16.2
Median Gross Rent change rank compared to US	1,321
Median Gross Rent change rank compared to Kentucky	59
Home Value 2015	144,700
Home Value 2009	140,000
Home Value % change	3.4
Home Value change rank compared to US	2,018
Home Value change rank compared to Kentucky	98
Rental Yield 2015	6.4
Rental Yield 2009	5.7
Rental Yield % change	12.4
Rental Yield change rank compared to US	1,107
Rental Yield change rank compared to Kentucky	28