Trend of Rental Yield in Henry 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: Henry County under performed than Kentucky by -5.9
• % Change Population: Henry County under performed than US by -7.4
• CAGR Population: Henry County under performed than state by -1.0
• CAGR Population: Henry County under performed than US by -1.2
• % Change Median Gross Rent: Henry County under performed than Kentucky by -4.6
• % Change Median Gross Rent: Henry County under performed than US by -2.7
• CAGR Median Gross Rent: Henry County under performed than state by -0.7
• CAGR Median Gross Rent: Henry County under performed than US by -0.4
• % Change Home Value: Henry County under performed than Kentucky by -7.5
• % Change Home Value: Henry County out performed than US by 5.1
• CAGR Home Value: Henry County under performed than state by -1.2
• CAGR Home Value: Henry County out performed than US by 0.8
• % Change Rental Yield: Henry County out performed than Kentucky by 3.3
• % Change Rental Yield: Henry County under performed than US by -8.5
• CAGR Rental Yield: Henry County out performed than state by 0.5
• CAGR Rental Yield: Henry County under performed than US by -1.3

County	Henry County
Population 2015	15,455
Population 2009	15,842
Population % change	-2.4
Population change rank compared to US	2,648
Population change rank compared to Kentucky	91
Median Gross Rent 2015	700
Median Gross Rent 2009	631
Median Gross Rent % change	10.9
Median Gross Rent change rank compared to US	2,106
Median Gross Rent change rank compared to Kentucky	91
Home Value 2015	121,300
Home Value 2009	119,600
Home Value % change	1.4
Home Value change rank compared to US	2,193
Home Value change rank compared to Kentucky	105
Rental Yield 2015	6.9
Rental Yield 2009	6.3
Rental Yield % change	9.4
Rental Yield change rank compared to US	1,354
Rental Yield change rank compared to Kentucky	42