Trend of Rental Yield in Tompkins 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

CountyTompkins County
Population 2015103,855
Population 2009100,583
Population % change3.3
Population change rank compared to US1,262
Population change rank compared to New York7
Median Gross Rent 2015988
Median Gross Rent 2009837
Median Gross Rent % change18.0
Median Gross Rent change rank compared to US1,087
Median Gross Rent change rank compared to New York12
Home Value 2015176,500
Home Value 2009155,000
Home Value % change13.9
Home Value change rank compared to US973
Home Value change rank compared to New York18
Rental Yield 20156.7
Rental Yield 20096.5
Rental Yield % change3.7
Rental Yield change rank compared to US1,916
Rental Yield change rank compared to New York25