Trend of Rental Yield in Sussex 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

CountySussex County
Population 2015145,930
Population 2009151,239
Population % change-3.5
Population change rank compared to US2,794
Population change rank compared to New Jersey21
Median Gross Rent 20151,205
Median Gross Rent 20091,099
Median Gross Rent % change9.6
Median Gross Rent change rank compared to US2,290
Median Gross Rent change rank compared to New Jersey20
Home Value 2015270,600
Home Value 2009324,500
Home Value % change-16.6
Home Value change rank compared to US2,956
Home Value change rank compared to New Jersey20
Rental Yield 20155.3
Rental Yield 20094.1
Rental Yield % change31.5
Rental Yield change rank compared to US310
Rental Yield change rank compared to New Jersey4