Trend of Rental Yield in Mercer 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

CountyMercer County
Population 2015370,212
Population 2009363,778
Population % change1.8
Population change rank compared to US1,629
Population change rank compared to New Jersey12
Median Gross Rent 20151,132
Median Gross Rent 20091,023
Median Gross Rent % change10.7
Median Gross Rent change rank compared to US2,146
Median Gross Rent change rank compared to New Jersey17
Home Value 2015276,500
Home Value 2009311,700
Home Value % change-11.3
Home Value change rank compared to US2,834
Home Value change rank compared to New Jersey12
Rental Yield 20154.9
Rental Yield 20093.9
Rental Yield % change24.7
Rental Yield change rank compared to US478
Rental Yield change rank compared to New Jersey12