Trend of Rental Yield in Berks County, Pennsylvania

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: Berks County out performed than Pennsylvania by 1.0
• % Change Population: Berks County under performed than US by -1.9
• CAGR Population: Berks County out performed than state by 0.2
• CAGR Population: Berks County under performed than US by -0.3
• % Change Median Gross Rent: Berks County out performed than Pennsylvania by 1.2
• % Change Median Gross Rent: Berks County out performed than US by 4.9
• CAGR Median Gross Rent: Berks County out performed than state by 0.2
• CAGR Median Gross Rent: Berks County out performed than US by 0.8
• % Change Home Value: Berks County under performed than Pennsylvania by -6.2
• % Change Home Value: Berks County out performed than US by 6.4
• CAGR Home Value: Berks County under performed than state by -0.9
• CAGR Home Value: Berks County out performed than US by 1.1
• % Change Rental Yield: Berks County out performed than Pennsylvania by 7.7
• % Change Rental Yield: Berks County under performed than US by -2.6
• CAGR Rental Yield: Berks County out performed than state by 1.2
• CAGR Rental Yield: Berks County under performed than US by -0.4

County	Berks County
Population 2015	413,965
Population 2009	401,488
Population % change	3.1
Population change rank compared to US	1,300
Population change rank compared to Pennsylvania	19
Median Gross Rent 2015	851
Median Gross Rent 2009	718
Median Gross Rent % change	18.5
Median Gross Rent change rank compared to US	1,029
Median Gross Rent change rank compared to Pennsylvania	31
Home Value 2015	168,200
Home Value 2009	163,700
Home Value % change	2.7
Home Value change rank compared to US	2,076
Home Value change rank compared to Pennsylvania	56
Rental Yield 2015	6.1
Rental Yield 2009	5.3
Rental Yield % change	15.4
Rental Yield change rank compared to US	915
Rental Yield change rank compared to Pennsylvania	15