Trend of Rental Yield in Lawrence 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: Lawrence County under performed than Ohio by -1.9
• % Change Population: Lawrence County under performed than US by -6.4
• CAGR Population: Lawrence County under performed than state by -0.3
• CAGR Population: Lawrence County under performed than US by -1.0
• % Change Median Gross Rent: Lawrence County out performed than Ohio by 13.5
• % Change Median Gross Rent: Lawrence County out performed than US by 9.7
• CAGR Median Gross Rent: Lawrence County out performed than state by 1.9
• CAGR Median Gross Rent: Lawrence County out performed than US by 1.4
• % Change Home Value: Lawrence County out performed than Ohio by 13.1
• % Change Home Value: Lawrence County out performed than US by 13.3
• CAGR Home Value: Lawrence County out performed than state by 2.1
• CAGR Home Value: Lawrence County out performed than US by 2.1
• % Change Rental Yield: Lawrence County under performed than Ohio by -1.3
• % Change Rental Yield: Lawrence County under performed than US by -5.5
• CAGR Rental Yield: Lawrence County under performed than state by -0.2
• CAGR Rental Yield: Lawrence County under performed than US by -0.8

County	Lawrence County
Population 2015	61,827
Population 2009	62,683
Population % change	-1.4
Population change rank compared to US	2,453
Population change rank compared to Ohio	65
Median Gross Rent 2015	652
Median Gross Rent 2009	529
Median Gross Rent % change	23.3
Median Gross Rent change rank compared to US	620
Median Gross Rent change rank compared to Ohio	3
Home Value 2015	98,900
Home Value 2009	90,200
Home Value % change	9.6
Home Value change rank compared to US	1,372
Home Value change rank compared to Ohio	3
Rental Yield 2015	7.9
Rental Yield 2009	7.0
Rental Yield % change	12.4
Rental Yield change rank compared to US	1,106
Rental Yield change rank compared to Ohio	40