Trend of Rental Yield in Luzerne 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

CountyLuzerne County
Population 2015320,095
Population 2009311,919
Population % change2.6
Population change rank compared to US1,415
Population change rank compared to Pennsylvania23
Median Gross Rent 2015702
Median Gross Rent 2009585
Median Gross Rent % change20
Median Gross Rent change rank compared to US869
Median Gross Rent change rank compared to Pennsylvania25
Home Value 2015122,700
Home Value 2009108,700
Home Value % change12.9
Home Value change rank compared to US1,061
Home Value change rank compared to Pennsylvania27
Rental Yield 20156.9
Rental Yield 20096.5
Rental Yield % change6.3
Rental Yield change rank compared to US1,640
Rental Yield change rank compared to Pennsylvania27