Trend of Rental Yield in Gallatin 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

CountyGallatin County
Population 20158,567
Population 20098,090
Population % change5.9
Population change rank compared to US767
Population change rank compared to Kentucky16
Median Gross Rent 2015669
Median Gross Rent 2009541
Median Gross Rent % change23.7
Median Gross Rent change rank compared to US586
Median Gross Rent change rank compared to Kentucky27
Home Value 2015107,500
Home Value 2009125,600
Home Value % change-14.4
Home Value change rank compared to US2,913
Home Value change rank compared to Kentucky120
Rental Yield 20157.5
Rental Yield 20095.2
Rental Yield % change44.5
Rental Yield change rank compared to US117
Rental Yield change rank compared to Kentucky5