Trend of Rental Yield in New York 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

CountyNew York County
Population 20151,629,507
Population 20091,620,962
Population % change0.5
Population change rank compared to US1,971
Population change rank compared to New York35
Median Gross Rent 20151,519
Median Gross Rent 20091,206
Median Gross Rent % change26.0
Median Gross Rent change rank compared to US451
Median Gross Rent change rank compared to New York2
Home Value 2015848,700
Home Value 2009800,400
Home Value % change6.0
Home Value change rank compared to US1,760
Home Value change rank compared to New York44
Rental Yield 20152.1
Rental Yield 20091.8
Rental Yield % change18.8
Rental Yield change rank compared to US707
Rental Yield change rank compared to New York14