Trend of Rental Yield in Murray County, Oklahoma

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: Murray County out performed than Oklahoma by 1.2
• % Change Population: Murray County out performed than US by 2.9
• CAGR Population: Murray County out performed than state by 0.2
• CAGR Population: Murray County out performed than US by 0.5
• % Change Median Gross Rent: Murray County under performed than Oklahoma by -2.8
• % Change Median Gross Rent: Murray County out performed than US by 2.0
• CAGR Median Gross Rent: Murray County under performed than state by -0.5
• CAGR Median Gross Rent: Murray County out performed than US by 0.3
• % Change Home Value: Murray County under performed than Oklahoma by -5.6
• % Change Home Value: Murray County out performed than US by 17.4
• CAGR Home Value: Murray County under performed than state by -0.8
• CAGR Home Value: Murray County out performed than US by 2.8
• % Change Rental Yield: Murray County out performed than Oklahoma by 2.4
• % Change Rental Yield: Murray County under performed than US by -16.3
• CAGR Rental Yield: Murray County out performed than state by 0.4
• CAGR Rental Yield: Murray County under performed than US by -2.5

County	Murray County
Population 2015	13,733
Population 2009	12,729
Population % change	7.9
Population change rank compared to US	534
Population change rank compared to Oklahoma	16
Median Gross Rent 2015	622
Median Gross Rent 2009	538
Median Gross Rent % change	15.6
Median Gross Rent change rank compared to US	1,399
Median Gross Rent change rank compared to Oklahoma	48
Home Value 2015	88,500
Home Value 2009	77,800
Home Value % change	13.8
Home Value change rank compared to US	983
Home Value change rank compared to Oklahoma	55
Rental Yield 2015	8.4
Rental Yield 2009	8.3
Rental Yield % change	1.6
Rental Yield change rank compared to US	2,111
Rental Yield change rank compared to Oklahoma	32