Trend of Rental Yield in Meade 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: Meade County out performed than Kentucky by 3.4
• % Change Population: Meade County out performed than US by 1.9
• CAGR Population: Meade County out performed than state by 0.5
• CAGR Population: Meade County out performed than US by 0.3
• % Change Median Gross Rent: Meade County out performed than Kentucky by 13.7
• % Change Median Gross Rent: Meade County out performed than US by 15.7
• CAGR Median Gross Rent: Meade County out performed than state by 2.0
• CAGR Median Gross Rent: Meade County out performed than US by 2.3
• % Change Home Value: Meade County out performed than Kentucky by 11.7
• % Change Home Value: Meade County out performed than US by 24.3
• CAGR Home Value: Meade County out performed than state by 1.8
• CAGR Home Value: Meade County out performed than US by 3.8
• % Change Rental Yield: Meade County out performed than Kentucky by 1.1
• % Change Rental Yield: Meade County under performed than US by -10.7
• CAGR Rental Yield: Meade County out performed than state by 0.2
• CAGR Rental Yield: Meade County under performed than US by -1.6

County	Meade County
Population 2015	29,098
Population 2009	27,230
Population % change	6.9
Population change rank compared to US	637
Population change rank compared to Kentucky	13
Median Gross Rent 2015	772
Median Gross Rent 2009	597
Median Gross Rent % change	29.3
Median Gross Rent change rank compared to US	319
Median Gross Rent change rank compared to Kentucky	15
Home Value 2015	126,100
Home Value 2009	104,500
Home Value % change	20.7
Home Value change rank compared to US	531
Home Value change rank compared to Kentucky	21
Rental Yield 2015	7.3
Rental Yield 2009	6.9
Rental Yield % change	7.2
Rental Yield change rank compared to US	1,558
Rental Yield change rank compared to Kentucky	54