Trend of Rental Yield in Ocean 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

CountyOcean County
Population 2015583,450
Population 2009565,428
Population % change3.2
Population change rank compared to US1,276
Population change rank compared to New Jersey6
Median Gross Rent 20151,322
Median Gross Rent 20091,204
Median Gross Rent % change9.8
Median Gross Rent change rank compared to US2,267
Median Gross Rent change rank compared to New Jersey19
Home Value 2015262,700
Home Value 2009298,600
Home Value % change-12.0
Home Value change rank compared to US2,860
Home Value change rank compared to New Jersey13
Rental Yield 20156.0
Rental Yield 20094.8
Rental Yield % change24.8
Rental Yield change rank compared to US476
Rental Yield change rank compared to New Jersey11