Trend of Rental Yield in Hancock 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: Hancock County under performed than Kentucky by -2.6
• % Change Population: Hancock County under performed than US by -4.2
• CAGR Population: Hancock County under performed than state by -0.5
• CAGR Population: Hancock County under performed than US by -0.7
• % Change Median Gross Rent: Hancock County out performed than Kentucky by 4.5
• % Change Median Gross Rent: Hancock County out performed than US by 6.5
• CAGR Median Gross Rent: Hancock County out performed than state by 0.7
• CAGR Median Gross Rent: Hancock County out performed than US by 1.0
• % Change Home Value: Hancock County out performed than Kentucky by 14.8
• % Change Home Value: Hancock County out performed than US by 27.4
• CAGR Home Value: Hancock County out performed than state by 2.2
• CAGR Home Value: Hancock County out performed than US by 4.2
• % Change Rental Yield: Hancock County under performed than Kentucky by -9.1
• % Change Rental Yield: Hancock County under performed than US by -20.9
• CAGR Rental Yield: Hancock County under performed than state by -1.5
• CAGR Rental Yield: Hancock County under performed than US by -3.3

County	Hancock County
Population 2015	8,669
Population 2009	8,601
Population % change	0.8
Population change rank compared to US	1,881
Population change rank compared to Kentucky	56
Median Gross Rent 2015	539
Median Gross Rent 2009	449
Median Gross Rent % change	20.0
Median Gross Rent change rank compared to US	864
Median Gross Rent change rank compared to Kentucky	36
Home Value 2015	104,200
Home Value 2009	84,200
Home Value % change	23.8
Home Value change rank compared to US	391
Home Value change rank compared to Kentucky	13
Rental Yield 2015	6.2
Rental Yield 2009	6.4
Rental Yield % change	-3.0
Rental Yield change rank compared to US	2,474
Rental Yield change rank compared to Kentucky	93