Trend of Rental Yield in Morgan 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

CountyMorgan County
Population 201513,428
Population 200914,204
Population % change-5.5
Population change rank compared to US2,952
Population change rank compared to Kentucky108
Median Gross Rent 2015504
Median Gross Rent 2009432
Median Gross Rent % change16.7
Median Gross Rent change rank compared to US1,255
Median Gross Rent change rank compared to Kentucky54
Home Value 201575,500
Home Value 200970,900
Home Value % change6.5
Home Value change rank compared to US1,709
Home Value change rank compared to Kentucky82
Rental Yield 20158.0
Rental Yield 20097.3
Rental Yield % change9.6
Rental Yield change rank compared to US1,331
Rental Yield change rank compared to Kentucky39