Trend of Rental Yield in Monroe 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

CountyMonroe County
Population 201510,765
Population 200911,650
Population % change-7.6
Population change rank compared to US3,042
Population change rank compared to Kentucky115
Median Gross Rent 2015520
Median Gross Rent 2009402
Median Gross Rent % change29.4
Median Gross Rent change rank compared to US318
Median Gross Rent change rank compared to Kentucky14
Home Value 201570,600
Home Value 200967,400
Home Value % change4.7
Home Value change rank compared to US1,877
Home Value change rank compared to Kentucky90
Rental Yield 20158.8
Rental Yield 20097.2
Rental Yield % change23.5
Rental Yield change rank compared to US517
Rental Yield change rank compared to Kentucky11