Trend of Rental Yield in Somerset County, Maine

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

CountySomerset County
Population 201551,577
Population 200951,175
Population % change0.8
Population change rank compared to US1,883
Population change rank compared to Maine7
Median Gross Rent 2015684
Median Gross Rent 2009551
Median Gross Rent % change24.1
Median Gross Rent change rank compared to US557
Median Gross Rent change rank compared to Maine2
Home Value 2015107,300
Home Value 2009102,400
Home Value % change4.8
Home Value change rank compared to US1,873
Home Value change rank compared to Maine8
Rental Yield 20157.6
Rental Yield 20096.5
Rental Yield % change18.5
Rental Yield change rank compared to US716
Rental Yield change rank compared to Maine1