Trend of Rental Yield in Union 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: Union County out performed than Mississippi by 1.0
• % Change Population: Union County under performed than US by -1.8
• CAGR Population: Union County out performed than state by 0.1
• CAGR Population: Union County under performed than US by -0.3
• % Change Median Gross Rent: Union County out performed than Mississippi by 11.8
• % Change Median Gross Rent: Union County out performed than US by 13.5
• CAGR Median Gross Rent: Union County out performed than state by 1.7
• CAGR Median Gross Rent: Union County out performed than US by 2.0
• % Change Home Value: Union County under performed than Mississippi by -7.8
• % Change Home Value: Union County out performed than US by 8.7
• CAGR Home Value: Union County under performed than state by -1.2
• CAGR Home Value: Union County out performed than US by 1.4
• % Change Rental Yield: Union County out performed than Mississippi by 18.8
• % Change Rental Yield: Union County out performed than US by 3.1
• CAGR Rental Yield: Union County out performed than state by 2.8
• CAGR Rental Yield: Union County out performed than US by 0.4

County	Union County
Population 2015	27,811
Population 2009	26,939
Population % change	3.2
Population change rank compared to US	1,267
Population change rank compared to Mississippi	18
Median Gross Rent 2015	671
Median Gross Rent 2009	528
Median Gross Rent % change	27.1
Median Gross Rent change rank compared to US	394
Median Gross Rent change rank compared to Mississippi	8
Home Value 2015	83,200
Home Value 2009	79,200
Home Value % change	5.1
Home Value change rank compared to US	1,848
Home Value change rank compared to Mississippi	57
Rental Yield 2015	9.7
Rental Yield 2009	8
Rental Yield % change	21.0
Rental Yield change rank compared to US	617
Rental Yield change rank compared to Mississippi	11