Trend of Rental Yield in Mercer County, West 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

CountyMercer County
Population 201561,891
Population 200961,451
Population % change0.7
Population change rank compared to US1,911
Population change rank compared to West Virginia27
Median Gross Rent 2015596
Median Gross Rent 2009504
Median Gross Rent % change18.3
Median Gross Rent change rank compared to US1,069
Median Gross Rent change rank compared to West Virginia30
Home Value 201585,200
Home Value 200971,200
Home Value % change19.7
Home Value change rank compared to US577
Home Value change rank compared to West Virginia13
Rental Yield 20158.4
Rental Yield 20098.5
Rental Yield % change-1.2
Rental Yield change rank compared to US2,341
Rental Yield change rank compared to West Virginia40