Trend of Rental Yield in Otsego 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

CountyOtsego County
Population 201561,399
Population 200962,086
Population % change-1.1
Population change rank compared to US2,395
Population change rank compared to New York55
Median Gross Rent 2015776
Median Gross Rent 2009716
Median Gross Rent % change8.4
Median Gross Rent change rank compared to US2,449
Median Gross Rent change rank compared to New York49
Home Value 2015142,800
Home Value 2009123,900
Home Value % change15.3
Home Value change rank compared to US865
Home Value change rank compared to New York13
Rental Yield 20156.5
Rental Yield 20096.9
Rental Yield % change-6.0
Rental Yield change rank compared to US2,657
Rental Yield change rank compared to New York55