Trend of Rental Yield in Madison 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

CountyMadison County
Population 201513,147
Population 200913,571
Population % change-3.1
Population change rank compared to US2,752
Population change rank compared to Virginia119
Median Gross Rent 2015775
Median Gross Rent 2009720
Median Gross Rent % change7.6
Median Gross Rent change rank compared to US2,548
Median Gross Rent change rank compared to Virginia114
Home Value 2015241,200
Home Value 2009245,800
Home Value % change-1.9
Home Value change rank compared to US2,410
Home Value change rank compared to Virginia95
Rental Yield 20153.9
Rental Yield 20093.5
Rental Yield % change9.7
Rental Yield change rank compared to US1,324
Rental Yield change rank compared to Virginia74