Trend of Rental Yield in Essex 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

CountyEssex County
Population 201538,912
Population 200937,927
Population % change2.6
Population change rank compared to US1,422
Population change rank compared to New York14
Median Gross Rent 2015805
Median Gross Rent 2009642
Median Gross Rent % change25.4
Median Gross Rent change rank compared to US479
Median Gross Rent change rank compared to New York4
Home Value 2015145,100
Home Value 2009146,300
Home Value % change-0.8
Home Value change rank compared to US2,352
Home Value change rank compared to New York49
Rental Yield 20156.7
Rental Yield 20095.3
Rental Yield % change26.4
Rental Yield change rank compared to US424
Rental Yield change rank compared to New York4