Trend of Rental Yield in Casey 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: Casey County under performed than Kentucky by -5.6
• % Change Population: Casey County under performed than US by -7.2
• CAGR Population: Casey County under performed than state by -1.0
• CAGR Population: Casey County under performed than US by -1.2
• % Change Median Gross Rent: Casey County out performed than Kentucky by 9.5
• % Change Median Gross Rent: Casey County out performed than US by 11.5
• CAGR Median Gross Rent: Casey County out performed than state by 1.4
• CAGR Median Gross Rent: Casey County out performed than US by 1.7
• % Change Home Value: Casey County out performed than Kentucky by 5.2
• % Change Home Value: Casey County out performed than US by 17.8
• CAGR Home Value: Casey County out performed than state by 0.8
• CAGR Home Value: Casey County out performed than US by 2.8
• % Change Rental Yield: Casey County out performed than Kentucky by 3.4
• % Change Rental Yield: Casey County under performed than US by -8.4
• CAGR Rental Yield: Casey County out performed than state by 0.5
• CAGR Rental Yield: Casey County under performed than US by -1.3

County	Casey County
Population 2015	15,954
Population 2009	16,306
Population % change	-2.2
Population change rank compared to US	2,607
Population change rank compared to Kentucky	87
Median Gross Rent 2015	479
Median Gross Rent 2009	383
Median Gross Rent % change	25.1
Median Gross Rent change rank compared to US	498
Median Gross Rent change rank compared to Kentucky	20
Home Value 2015	76,500
Home Value 2009	67,000
Home Value % change	14.2
Home Value change rank compared to US	952
Home Value change rank compared to Kentucky	37
Rental Yield 2015	7.5
Rental Yield 2009	6.9
Rental Yield % change	9.5
Rental Yield change rank compared to US	1,335
Rental Yield change rank compared to Kentucky	40