Trend of Rental Yield in Bergen County, New Jersey

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

CountyBergen County
Population 2015926,330
Population 2009888,546
Population % change4.3
Population change rank compared to US1,050
Population change rank compared to New Jersey4
Median Gross Rent 20151,348
Median Gross Rent 20091,211
Median Gross Rent % change11.3
Median Gross Rent change rank compared to US2,042
Median Gross Rent change rank compared to New Jersey15
Home Value 2015441,100
Home Value 2009482,400
Home Value % change-8.6
Home Value change rank compared to US2,757
Home Value change rank compared to New Jersey6
Rental Yield 20153.7
Rental Yield 20093.0
Rental Yield % change21.7
Rental Yield change rank compared to US590
Rental Yield change rank compared to New Jersey20