Trend of Rental Yield in Johnson 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: Johnson County under performed than Kentucky by -5.5
• % Change Population: Johnson County under performed than US by -7.0
• CAGR Population: Johnson County under performed than state by -0.9
• CAGR Population: Johnson County under performed than US by -1.1
• % Change Median Gross Rent: Johnson County out performed than Kentucky by 13.4
• % Change Median Gross Rent: Johnson County out performed than US by 15.4
• CAGR Median Gross Rent: Johnson County out performed than state by 1.9
• CAGR Median Gross Rent: Johnson County out performed than US by 2.2
• % Change Home Value: Johnson County out performed than Kentucky by 1.2
• % Change Home Value: Johnson County out performed than US by 13.8
• CAGR Home Value: Johnson County out performed than state by 0.2
• CAGR Home Value: Johnson County out performed than US by 2.2
• % Change Rental Yield: Johnson County out performed than Kentucky by 11.0
• % Change Rental Yield: Johnson County under performed than US by -0.8
• CAGR Rental Yield: Johnson County out performed than state by 1.7
• CAGR Rental Yield: Johnson County under performed than US by -0.1

County	Johnson County
Population 2015	23,350
Population 2009	23,837
Population % change	-2.0
Population change rank compared to US	2,586
Population change rank compared to Kentucky	86
Median Gross Rent 2015	543
Median Gross Rent 2009	421
Median Gross Rent % change	29.0
Median Gross Rent change rank compared to US	328
Median Gross Rent change rank compared to Kentucky	16
Home Value 2015	79,200
Home Value 2009	71,900
Home Value % change	10.2
Home Value change rank compared to US	1,312
Home Value change rank compared to Kentucky	56
Rental Yield 2015	8.2
Rental Yield 2009	7.0
Rental Yield % change	17.1
Rental Yield change rank compared to US	790
Rental Yield change rank compared to Kentucky	17