Trend of Rental Yield in Mercer 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

CountyMercer County
Population 201540,863
Population 200940,761
Population % change0.3
Population change rank compared to US2,035
Population change rank compared to Ohio43
Median Gross Rent 2015653
Median Gross Rent 2009603
Median Gross Rent % change8.3
Median Gross Rent change rank compared to US2,465
Median Gross Rent change rank compared to Ohio59
Home Value 2015130,200
Home Value 2009123,300
Home Value % change5.6
Home Value change rank compared to US1,799
Home Value change rank compared to Ohio12
Rental Yield 20156.0
Rental Yield 20095.9
Rental Yield % change2.6
Rental Yield change rank compared to US2,033
Rental Yield change rank compared to Ohio84