Trend of Rental Yield in Orange 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

CountyOrange County
Population 2015138,644
Population 2009124,503
Population % change11.4
Population change rank compared to US304
Population change rank compared to North Carolina16
Median Gross Rent 2015935
Median Gross Rent 2009795
Median Gross Rent % change17.6
Median Gross Rent change rank compared to US1,144
Median Gross Rent change rank compared to North Carolina28
Home Value 2015272,600
Home Value 2009239,500
Home Value % change13.8
Home Value change rank compared to US975
Home Value change rank compared to North Carolina20
Rental Yield 20154.1
Rental Yield 20094.0
Rental Yield % change3.3
Rental Yield change rank compared to US1,952
Rental Yield change rank compared to North Carolina63