Trend of Rental Yield in Will 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

CountyWill County
Population 2015683,995
Population 2009664,361
Population % change3.0
Population change rank compared to US1,335
Population change rank compared to Illinois17
Median Gross Rent 20151,039
Median Gross Rent 2009855
Median Gross Rent % change21.5
Median Gross Rent change rank compared to US743
Median Gross Rent change rank compared to Illinois14
Home Value 2015209,800
Home Value 2009235,800
Home Value % change-11.0
Home Value change rank compared to US2,827
Home Value change rank compared to Illinois94
Rental Yield 20155.9
Rental Yield 20094.4
Rental Yield % change36.6
Rental Yield change rank compared to US211
Rental Yield change rank compared to Illinois3