Trend of Rental Yield in Wayne 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

CountyWayne County
Population 2015115,371
Population 2009113,828
Population % change1.4
Population change rank compared to US1,733
Population change rank compared to Ohio34
Median Gross Rent 2015657
Median Gross Rent 2009605
Median Gross Rent % change8.6
Median Gross Rent change rank compared to US2,414
Median Gross Rent change rank compared to Ohio53
Home Value 2015135,700
Home Value 2009134,800
Home Value % change0.7
Home Value change rank compared to US2,250
Home Value change rank compared to Ohio37
Rental Yield 20155.8
Rental Yield 20095.4
Rental Yield % change7.9
Rental Yield change rank compared to US1,489
Rental Yield change rank compared to Ohio70