Trend of Rental Yield in Wayne 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

CountyWayne County
Population 2015124,355
Population 2009113,290
Population % change9.8
Population change rank compared to US393
Population change rank compared to North Carolina20
Median Gross Rent 2015716
Median Gross Rent 2009613
Median Gross Rent % change16.8
Median Gross Rent change rank compared to US1,235
Median Gross Rent change rank compared to North Carolina30
Home Value 2015110,400
Home Value 2009102,800
Home Value % change7.4
Home Value change rank compared to US1,612
Home Value change rank compared to North Carolina42
Rental Yield 20157.8
Rental Yield 20097.2
Rental Yield % change8.8
Rental Yield change rank compared to US1,420
Rental Yield change rank compared to North Carolina38