Trend of Rental Yield in Henrico County, Virginia

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

CountyHenrico County
Population 2015318,864
Population 2009289,171
Population % change10.3
Population change rank compared to US353
Population change rank compared to Virginia18
Median Gross Rent 20151,035
Median Gross Rent 2009915
Median Gross Rent % change13.1
Median Gross Rent change rank compared to US1,779
Median Gross Rent change rank compared to Virginia85
Home Value 2015216,300
Home Value 2009223,500
Home Value % change-3.2
Home Value change rank compared to US2,490
Home Value change rank compared to Virginia101
Rental Yield 20155.7
Rental Yield 20094.9
Rental Yield % change16.9
Rental Yield change rank compared to US805
Rental Yield change rank compared to Virginia43