Trend of Rental Yield in Suffolk 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

CountySuffolk County
Population 20151,501,373
Population 20091,511,028
Population % change-0.6
Population change rank compared to US2,288
Population change rank compared to New York49
Median Gross Rent 20151,544
Median Gross Rent 20091,404
Median Gross Rent % change10.0
Median Gross Rent change rank compared to US2,245
Median Gross Rent change rank compared to New York40
Home Value 2015375,100
Home Value 2009430,000
Home Value % change-12.8
Home Value change rank compared to US2,876
Home Value change rank compared to New York58
Rental Yield 20154.9
Rental Yield 20093.9
Rental Yield % change26.1
Rental Yield change rank compared to US436
Rental Yield change rank compared to New York6