Trend of Rental Yield in Mercer 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

CountyMercer County
Population 201521,342
Population 200921,734
Population % change-1.8
Population change rank compared to US2,539
Population change rank compared to Kentucky84
Median Gross Rent 2015580
Median Gross Rent 2009531
Median Gross Rent % change9.2
Median Gross Rent change rank compared to US2,346
Median Gross Rent change rank compared to Kentucky96
Home Value 2015133,600
Home Value 2009121,800
Home Value % change9.7
Home Value change rank compared to US1,367
Home Value change rank compared to Kentucky61
Rental Yield 20155.2
Rental Yield 20095.2
Rental Yield % change-0.4
Rental Yield change rank compared to US2,294
Rental Yield change rank compared to Kentucky88