Trend of Rental Yield in Ohio 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

• % Change Population: Ohio County under performed than West Virginia by -3.9
• % Change Population: Ohio County under performed than US by -6.6
• CAGR Population: Ohio County under performed than state by -0.7
• CAGR Population: Ohio County under performed than US by -1.1
• % Change Median Gross Rent: Ohio County under performed than West Virginia by -6.3
• % Change Median Gross Rent: Ohio County out performed than US by 0.5
• CAGR Median Gross Rent: Ohio County under performed than state by -0.9
• CAGR Median Gross Rent: Ohio County out performed than US by 0.1
• % Change Home Value: Ohio County out performed than West Virginia by 6.4
• % Change Home Value: Ohio County out performed than US by 23.6
• CAGR Home Value: Ohio County out performed than state by 1.0
• CAGR Home Value: Ohio County out performed than US by 3.7
• % Change Rental Yield: Ohio County under performed than West Virginia by -10.9
• % Change Rental Yield: Ohio County under performed than US by -22.8
• CAGR Rental Yield: Ohio County under performed than state by -1.8
• CAGR Rental Yield: Ohio County under performed than US by -3.6

County	Ohio County
Population 2015	43,637
Population 2009	44,365
Population % change	-1.6
Population change rank compared to US	2,507
Population change rank compared to West Virginia	43
Median Gross Rent 2015	566
Median Gross Rent 2009	496
Median Gross Rent % change	14.1
Median Gross Rent change rank compared to US	1,630
Median Gross Rent change rank compared to West Virginia	40
Home Value 2015	107,500
Home Value 2009	89,600
Home Value % change	20.0
Home Value change rank compared to US	566
Home Value change rank compared to West Virginia	12
Rental Yield 2015	6.3
Rental Yield 2009	6.6
Rental Yield % change	-4.9
Rental Yield change rank compared to US	2,597
Rental Yield change rank compared to West Virginia	49