Trend of Rental Yield in Dutchess 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: Dutchess County out performed than New York by 0.3
• % Change Population: Dutchess County under performed than US by -3.4
• CAGR Population: Dutchess County out performed than state by 0.1
• CAGR Population: Dutchess County under performed than US by -0.5
• % Change Median Gross Rent: Dutchess County under performed than New York by -9.2
• % Change Median Gross Rent: Dutchess County under performed than US by -3.0
• CAGR Median Gross Rent: Dutchess County under performed than state by -1.4
• CAGR Median Gross Rent: Dutchess County under performed than US by -0.4
• % Change Home Value: Dutchess County under performed than New York by -9.3
• % Change Home Value: Dutchess County under performed than US by -11.4
• CAGR Home Value: Dutchess County under performed than state by -1.7
• CAGR Home Value: Dutchess County under performed than US by -2.1
• % Change Rental Yield: Dutchess County out performed than New York by 3.1
• % Change Rental Yield: Dutchess County out performed than US by 12.2
• CAGR Rental Yield: Dutchess County out performed than state by 0.4
• CAGR Rental Yield: Dutchess County out performed than US by 1.7

County	Dutchess County
Population 2015	296,928
Population 2009	292,187
Population % change	1.6
Population change rank compared to US	1,669
Population change rank compared to New York	26
Median Gross Rent 2015	1,130
Median Gross Rent 2009	1,022
Median Gross Rent % change	10.6
Median Gross Rent change rank compared to US	2,158
Median Gross Rent change rank compared to New York	37
Home Value 2015	275,600
Home Value 2009	324,400
Home Value % change	-15.0
Home Value change rank compared to US	2,928
Home Value change rank compared to New York	60
Rental Yield 2015	4.9
Rental Yield 2009	3.8
Rental Yield % change	30.1
Rental Yield change rank compared to US	336
Rental Yield change rank compared to New York	2