Trend of Rental Yield in Mahoning 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: Mahoning County under performed than Ohio by -3.3
• % Change Population: Mahoning County under performed than US by -7.7
• CAGR Population: Mahoning County under performed than state by -0.6
• CAGR Population: Mahoning County under performed than US by -1.3
• % Change Median Gross Rent: Mahoning County out performed than Ohio by 1.2
• % Change Median Gross Rent: Mahoning County under performed than US by -2.6
• CAGR Median Gross Rent: Mahoning County out performed than state by 0.2
• CAGR Median Gross Rent: Mahoning County under performed than US by -0.3
• % Change Home Value: Mahoning County out performed than Ohio by 5.1
• % Change Home Value: Mahoning County out performed than US by 5.3
• CAGR Home Value: Mahoning County out performed than state by 0.9
• CAGR Home Value: Mahoning County out performed than US by 0.9
• % Change Rental Yield: Mahoning County under performed than Ohio by -4.5
• % Change Rental Yield: Mahoning County under performed than US by -8.8
• CAGR Rental Yield: Mahoning County under performed than state by -0.7
• CAGR Rental Yield: Mahoning County under performed than US by -1.3

County	Mahoning County
Population 2015	234,550
Population 2009	241,071
Population % change	-2.7
Population change rank compared to US	2,692
Population change rank compared to Ohio	81
Median Gross Rent 2015	627
Median Gross Rent 2009	565
Median Gross Rent % change	11.0
Median Gross Rent change rank compared to US	2,104
Median Gross Rent change rank compared to Ohio	43
Home Value 2015	97,400
Home Value 2009	95,800
Home Value % change	1.7
Home Value change rank compared to US	2,177
Home Value change rank compared to Ohio	31
Rental Yield 2015	7.7
Rental Yield 2009	7.1
Rental Yield % change	9.2
Rental Yield change rank compared to US	1,378
Rental Yield change rank compared to Ohio	64