Trend of Rental Yield in Monmouth 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

CountyMonmouth County
Population 2015629,185
Population 2009641,984
Population % change-2.0
Population change rank compared to US2,572
Population change rank compared to New Jersey18
Median Gross Rent 20151,238
Median Gross Rent 20091,097
Median Gross Rent % change12.9
Median Gross Rent change rank compared to US1,824
Median Gross Rent change rank compared to New Jersey8
Home Value 2015385,100
Home Value 2009429,000
Home Value % change-10.2
Home Value change rank compared to US2,808
Home Value change rank compared to New Jersey10
Rental Yield 20153.9
Rental Yield 20093.1
Rental Yield % change25.7
Rental Yield change rank compared to US449
Rental Yield change rank compared to New Jersey9