Trend of Rental Yield in Summit County, Utah

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

CountySummit County
Population 201538,521
Population 200935,644
Population % change8.1
Population change rank compared to US519
Population change rank compared to Utah17
Median Gross Rent 20151,220
Median Gross Rent 2009969
Median Gross Rent % change25.9
Median Gross Rent change rank compared to US452
Median Gross Rent change rank compared to Utah7
Home Value 2015497,300
Home Value 2009457,500
Home Value % change8.7
Home Value change rank compared to US1,471
Home Value change rank compared to Utah15
Rental Yield 20152.9
Rental Yield 20092.5
Rental Yield % change15.8
Rental Yield change rank compared to US880
Rental Yield change rank compared to Utah8