Trend of Rental Yield in New Kent 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

CountyNew Kent County
Population 201519,560
Population 200917,137
Population % change14.1
Population change rank compared to US178
Population change rank compared to Virginia11
Median Gross Rent 2015883
Median Gross Rent 2009943
Median Gross Rent % change-6.4
Median Gross Rent change rank compared to US3,074
Median Gross Rent change rank compared to Virginia132
Home Value 2015245,000
Home Value 2009240,800
Home Value % change1.7
Home Value change rank compared to US2,173
Home Value change rank compared to Virginia79
Rental Yield 20154.3
Rental Yield 20094.7
Rental Yield % change-8.0
Rental Yield change rank compared to US2,744
Rental Yield change rank compared to Virginia123