Trend of Rental Yield in Taylor 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: Taylor County out performed than Kentucky by 0.3
• % Change Population: Taylor County under performed than US by -1.3
• CAGR Population: Taylor County under performed than state by 0.0
• CAGR Population: Taylor County under performed than US by -0.2
• % Change Median Gross Rent: Taylor County under performed than Kentucky by -1.6
• % Change Median Gross Rent: Taylor County out performed than US by 0.4
• CAGR Median Gross Rent: Taylor County under performed than state by -0.2
• CAGR Median Gross Rent: Taylor County out performed than US by 0.1
• % Change Home Value: Taylor County under performed than Kentucky by -2.5
• % Change Home Value: Taylor County out performed than US by 10.1
• CAGR Home Value: Taylor County under performed than state by -0.3
• CAGR Home Value: Taylor County out performed than US by 1.7
• % Change Rental Yield: Taylor County out performed than Kentucky by 1.0
• % Change Rental Yield: Taylor County under performed than US by -10.8
• CAGR Rental Yield: Taylor County out performed than state by 0.1
• CAGR Rental Yield: Taylor County under performed than US by -1.7

County	Taylor County
Population 2015	24,993
Population 2009	24,103
Population % change	3.7
Population change rank compared to US	1,165
Population change rank compared to Kentucky	34
Median Gross Rent 2015	578
Median Gross Rent 2009	507
Median Gross Rent % change	14.0
Median Gross Rent change rank compared to US	1,642
Median Gross Rent change rank compared to Kentucky	78
Home Value 2015	93,700
Home Value 2009	88,000
Home Value % change	6.5
Home Value change rank compared to US	1,710
Home Value change rank compared to Kentucky	83
Rental Yield 2015	7.4
Rental Yield 2009	6.9
Rental Yield % change	7.1
Rental Yield change rank compared to US	1,567
Rental Yield change rank compared to Kentucky	55