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An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
At the median, a $228K purchase rents for $1,200/mo: 0.53% of price per month against the 1% rule's 1.00%.
County population is up 0.7% to 806,199: residents under 18 are up 0.0% and those 65 and over are up 2.7%.
County median household income is $67K, 16.0% of residents are below the poverty level, 10.8% work from home.