Trend of Rental Yield in Burke County, North Carolina

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

CountyBurke County
Population 201589,548
Population 200988,987
Population % change0.6
Population change rank compared to US1,935
Population change rank compared to North Carolina84
Median Gross Rent 2015609
Median Gross Rent 2009552
Median Gross Rent % change10.3
Median Gross Rent change rank compared to US2,198
Median Gross Rent change rank compared to North Carolina76
Home Value 2015113,100
Home Value 2009103,900
Home Value % change8.9
Home Value change rank compared to US1,451
Home Value change rank compared to North Carolina38
Rental Yield 20156.5
Rental Yield 20096.4
Rental Yield % change1.4
Rental Yield change rank compared to US2,132
Rental Yield change rank compared to North Carolina74