Trend of Rental Yield in Lee 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

CountyLee County
Population 20157,119
Population 20097,427
Population % change-4.1
Population change rank compared to US2,855
Population change rank compared to Kentucky103
Median Gross Rent 2015435
Median Gross Rent 2009299
Median Gross Rent % change45.5
Median Gross Rent change rank compared to US100
Median Gross Rent change rank compared to Kentucky6
Home Value 201567,700
Home Value 200951,600
Home Value % change31.2
Home Value change rank compared to US197
Home Value change rank compared to Kentucky7
Rental Yield 20157.7
Rental Yield 20097.0
Rental Yield % change10.9
Rental Yield change rank compared to US1,222
Rental Yield change rank compared to Kentucky34