Trend of Rental Yield in Medina 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: Medina County out performed than Ohio by 2.3
• % Change Population: Medina County under performed than US by -2.1
• CAGR Population: Medina County out performed than state by 0.4
• CAGR Population: Medina County under performed than US by -0.3
• % Change Median Gross Rent: Medina County under performed than Ohio by -1.6
• % Change Median Gross Rent: Medina County under performed than US by -5.4
• CAGR Median Gross Rent: Medina County under performed than state by -0.3
• CAGR Median Gross Rent: Medina County under performed than US by -0.8
• % Change Home Value: Medina County out performed than Ohio by 1.7
• % Change Home Value: Medina County out performed than US by 2.0
• CAGR Home Value: Medina County out performed than state by 0.3
• CAGR Home Value: Medina County out performed than US by 0.3
• % Change Rental Yield: Medina County under performed than Ohio by -3.7
• % Change Rental Yield: Medina County under performed than US by -7.9
• CAGR Rental Yield: Medina County under performed than state by -0.6
• CAGR Rental Yield: Medina County under performed than US by -1.2

County	Medina County
Population 2015	174,831
Population 2009	169,946
Population % change	2.9
Population change rank compared to US	1,352
Population change rank compared to Ohio	18
Median Gross Rent 2015	824
Median Gross Rent 2009	762
Median Gross Rent % change	8.1
Median Gross Rent change rank compared to US	2,488
Median Gross Rent change rank compared to Ohio	61
Home Value 2015	179,500
Home Value 2009	182,600
Home Value % change	-1.7
Home Value change rank compared to US	2,400
Home Value change rank compared to Ohio	46
Rental Yield 2015	5.5
Rental Yield 2009	5.0
Rental Yield % change	10.0
Rental Yield change rank compared to US	1,294
Rental Yield change rank compared to Ohio	57