Trend of Rental Yield in York 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

• % Change Population: York County out performed than Virginia by 1.6
• % Change Population: York County out performed than US by 3.5
• CAGR Population: York County out performed than state by 0.3
• CAGR Population: York County out performed than US by 0.6
• % Change Median Gross Rent: York County out performed than Virginia by 3.7
• % Change Median Gross Rent: York County out performed than US by 10.0
• CAGR Median Gross Rent: York County out performed than state by 0.5
• CAGR Median Gross Rent: York County out performed than US by 1.5
• % Change Home Value: York County under performed than Virginia by -0.3
• % Change Home Value: York County out performed than US by 2.6
• CAGR Home Value: York County under performed than state by -0.1
• CAGR Home Value: York County out performed than US by 0.4
• % Change Rental Yield: York County out performed than Virginia by 4.1
• % Change Rental Yield: York County out performed than US by 7.0
• CAGR Rental Yield: York County out performed than state by 0.6
• CAGR Rental Yield: York County out performed than US by 1.0

County	York County
Population 2015	66,471
Population 2009	61,269
Population % change	8.5
Population change rank compared to US	491
Population change rank compared to Virginia	26
Median Gross Rent 2015	1,389
Median Gross Rent 2009	1,124
Median Gross Rent % change	23.6
Median Gross Rent change rank compared to US	594
Median Gross Rent change rank compared to Virginia	27
Home Value 2015	312,600
Home Value 2009	316,100
Home Value % change	-1.1
Home Value change rank compared to US	2,363
Home Value change rank compared to Virginia	93
Rental Yield 2015	5.3
Rental Yield 2009	4.3
Rental Yield % change	25.0
Rental Yield change rank compared to US	466
Rental Yield change rank compared to Virginia	25