Trend of Rental Yield in Lee 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

CountyLee County
Population 201585,036
Population 200980,099
Population % change6.2
Population change rank compared to US740
Population change rank compared to Mississippi13
Median Gross Rent 2015664
Median Gross Rent 2009548
Median Gross Rent % change21.2
Median Gross Rent change rank compared to US778
Median Gross Rent change rank compared to Mississippi16
Home Value 2015117,000
Home Value 2009105,200
Home Value % change11.2
Home Value change rank compared to US1,209
Home Value change rank compared to Mississippi34
Rental Yield 20156.8
Rental Yield 20096.3
Rental Yield % change8.9
Rental Yield change rank compared to US1,398
Rental Yield change rank compared to Mississippi23