Trend of Rental Yield in Kankakee County, Illinois

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

CountyKankakee County
Population 2015112,221
Population 2009111,244
Population % change0.9
Population change rank compared to US1,851
Population change rank compared to Illinois33
Median Gross Rent 2015820
Median Gross Rent 2009704
Median Gross Rent % change16.5
Median Gross Rent change rank compared to US1,284
Median Gross Rent change rank compared to Illinois26
Home Value 2015138,700
Home Value 2009138,600
Home Value % change0.1
Home Value change rank compared to US2,292
Home Value change rank compared to Illinois83
Rental Yield 20157.1
Rental Yield 20096.1
Rental Yield % change16.4
Rental Yield change rank compared to US829
Rental Yield change rank compared to Illinois20