Trend of Rental Yield in Franklin County, Ohio

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

• % Change Population: Franklin County out performed than Ohio by 7.6
• % Change Population: Franklin County out performed than US by 3.2
• CAGR Population: Franklin County out performed than state by 1.2
• CAGR Population: Franklin County out performed than US by 0.5
• % Change Median Gross Rent: Franklin County out performed than Ohio by 2.7
• % Change Median Gross Rent: Franklin County under performed than US by -1.1
• CAGR Median Gross Rent: Franklin County out performed than state by 0.4
• CAGR Median Gross Rent: Franklin County under performed than US by -0.1
• % Change Home Value: Franklin County out performed than Ohio by 1.4
• % Change Home Value: Franklin County out performed than US by 1.7
• CAGR Home Value: Franklin County out performed than state by 0.3
• CAGR Home Value: Franklin County out performed than US by 0.3
• % Change Rental Yield: Franklin County out performed than Ohio by 1.2
• % Change Rental Yield: Franklin County under performed than US by -3.1
• CAGR Rental Yield: Franklin County out performed than state by 0.1
• CAGR Rental Yield: Franklin County under performed than US by -0.5

County	Franklin County
Population 2015	1,215,761
Population 2009	1,124,073
Population % change	8.2
Population change rank compared to US	513
Population change rank compared to Ohio	4
Median Gross Rent 2015	845
Median Gross Rent 2009	751
Median Gross Rent % change	12.5
Median Gross Rent change rank compared to US	1,873
Median Gross Rent change rank compared to Ohio	28
Home Value 2015	150,600
Home Value 2009	153,700
Home Value % change	-2.0
Home Value change rank compared to US	2,420
Home Value change rank compared to Ohio	49
Rental Yield 2015	6.7
Rental Yield 2009	5.9
Rental Yield % change	14.8
Rental Yield change rank compared to US	944
Rental Yield change rank compared to Ohio	29