Trend of Rental Yield in Alcorn County, Mississippi

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: Alcorn County out performed than Mississippi by 2.6
• % Change Population: Alcorn County under performed than US by -0.1
• CAGR Population: Alcorn County out performed than state by 0.4
• CAGR Population: Alcorn County under performed than US by 0.0
• % Change Median Gross Rent: Alcorn County out performed than Mississippi by 22.9
• % Change Median Gross Rent: Alcorn County out performed than US by 24.6
• CAGR Median Gross Rent: Alcorn County out performed than state by 3.1
• CAGR Median Gross Rent: Alcorn County out performed than US by 3.4
• % Change Home Value: Alcorn County under performed than Mississippi by -11.6
• % Change Home Value: Alcorn County out performed than US by 4.9
• CAGR Home Value: Alcorn County under performed than state by -1.8
• CAGR Home Value: Alcorn County out performed than US by 0.8
• % Change Rental Yield: Alcorn County out performed than Mississippi by 34.4
• % Change Rental Yield: Alcorn County out performed than US by 18.7
• CAGR Rental Yield: Alcorn County out performed than state by 4.9
• CAGR Rental Yield: Alcorn County out performed than US by 2.5

County	Alcorn County
Population 2015	37,319
Population 2009	35,583
Population % change	4.9
Population change rank compared to US	935
Population change rank compared to Mississippi	17
Median Gross Rent 2015	604
Median Gross Rent 2009	437
Median Gross Rent % change	38.2
Median Gross Rent change rank compared to US	149
Median Gross Rent change rank compared to Mississippi	6
Home Value 2015	84,800
Home Value 2009	83,800
Home Value % change	1.2
Home Value change rank compared to US	2,211
Home Value change rank compared to Mississippi	68
Rental Yield 2015	8.5
Rental Yield 2009	6.3
Rental Yield % change	36.6
Rental Yield change rank compared to US	210
Rental Yield change rank compared to Mississippi	2