Trend of Rental Yield in Bronx County, New York

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

• % Change Population: Bronx County out performed than New York by 2.1
• % Change Population: Bronx County under performed than US by -1.6
• CAGR Population: Bronx County out performed than state by 0.4
• CAGR Population: Bronx County under performed than US by -0.2
• % Change Median Gross Rent: Bronx County out performed than New York by 1.6
• % Change Median Gross Rent: Bronx County out performed than US by 7.8
• CAGR Median Gross Rent: Bronx County out performed than state by 0.2
• CAGR Median Gross Rent: Bronx County out performed than US by 1.2
• % Change Home Value: Bronx County out performed than New York by 4.0
• % Change Home Value: Bronx County out performed than US by 2.0
• CAGR Home Value: Bronx County out performed than state by 0.7
• CAGR Home Value: Bronx County out performed than US by 0.3
• % Change Rental Yield: Bronx County under performed than New York by -3.6
• % Change Rental Yield: Bronx County out performed than US by 5.5
• CAGR Rental Yield: Bronx County under performed than state by -0.5
• CAGR Rental Yield: Bronx County out performed than US by 0.8

County	Bronx County
Population 2015	1,428,357
Population 2009	1,381,529
Population % change	3.4
Population change rank compared to US	1,231
Population change rank compared to New York	5
Median Gross Rent 2015	1,074
Median Gross Rent 2009	885
Median Gross Rent % change	21.4
Median Gross Rent change rank compared to US	756
Median Gross Rent change rank compared to New York	7
Home Value 2015	363,400
Home Value 2009	369,600
Home Value % change	-1.7
Home Value change rank compared to US	2,397
Home Value change rank compared to New York	50
Rental Yield 2015	3.5
Rental Yield 2009	2.9
Rental Yield % change	23.4
Rental Yield change rank compared to US	520
Rental Yield change rank compared to New York	10