Trend of Rental Yield in Morgan County, Tennessee

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

CountyMorgan County
Population 201521,794
Population 200919,294
Population % change13.0
Population change rank compared to US215
Population change rank compared to Tennessee5
Median Gross Rent 2015640
Median Gross Rent 2009543
Median Gross Rent % change17.9
Median Gross Rent change rank compared to US1,105
Median Gross Rent change rank compared to Tennessee35
Home Value 201592,900
Home Value 200973,500
Home Value % change26.4
Home Value change rank compared to US309
Home Value change rank compared to Tennessee5
Rental Yield 20158.3
Rental Yield 20098.9
Rental Yield % change-6.7
Rental Yield change rank compared to US2,693
Rental Yield change rank compared to Tennessee82