Trend of Rental Yield in Monroe 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: Monroe County out performed than Pennsylvania by 0.3
• % Change Population: Monroe County under performed than US by -2.6
• CAGR Population: Monroe County out performed than state by 0.1
• CAGR Population: Monroe County under performed than US by -0.4
• % Change Median Gross Rent: Monroe County under performed than Pennsylvania by -3.0
• % Change Median Gross Rent: Monroe County out performed than US by 0.7
• CAGR Median Gross Rent: Monroe County under performed than state by -0.4
• CAGR Median Gross Rent: Monroe County out performed than US by 0.2
• % Change Home Value: Monroe County under performed than Pennsylvania by -21.1
• % Change Home Value: Monroe County under performed than US by -8.5
• CAGR Home Value: Monroe County under performed than state by -3.5
• CAGR Home Value: Monroe County under performed than US by -1.5
• % Change Rental Yield: Monroe County out performed than Pennsylvania by 22.5
• % Change Rental Yield: Monroe County out performed than US by 12.2
• CAGR Rental Yield: Monroe County out performed than state by 3.3
• CAGR Rental Yield: Monroe County out performed than US by 1.7

County	Monroe County
Population 2015	167,881
Population 2009	163,925
Population % change	2.4
Population change rank compared to US	1,475
Population change rank compared to Pennsylvania	25
Median Gross Rent 2015	1,014
Median Gross Rent 2009	887
Median Gross Rent % change	14.3
Median Gross Rent change rank compared to US	1,590
Median Gross Rent change rank compared to Pennsylvania	52
Home Value 2015	174,500
Home Value 2009	198,600
Home Value % change	-12.1
Home Value change rank compared to US	2,862
Home Value change rank compared to Pennsylvania	66
Rental Yield 2015	7.0
Rental Yield 2009	5.4
Rental Yield % change	30.1
Rental Yield change rank compared to US	337
Rental Yield change rank compared to Pennsylvania	2