Trend of Rental Yield in Gray County, Texas

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: Gray County under performed than Texas by -5.9
• % Change Population: Gray County out performed than US by 0.5
• CAGR Population: Gray County under performed than state by -0.9
• CAGR Population: Gray County out performed than US by 0.1
• % Change Median Gross Rent: Gray County out performed than Texas by 2.1
• % Change Median Gross Rent: Gray County out performed than US by 4.5
• CAGR Median Gross Rent: Gray County out performed than state by 0.3
• CAGR Median Gross Rent: Gray County out performed than US by 0.7
• % Change Home Value: Gray County out performed than Texas by 12.0
• % Change Home Value: Gray County out performed than US by 30.0
• CAGR Home Value: Gray County out performed than state by 1.7
• CAGR Home Value: Gray County out performed than US by 4.6
• % Change Rental Yield: Gray County under performed than Texas by -7.9
• % Change Rental Yield: Gray County under performed than US by -24.5
• CAGR Rental Yield: Gray County under performed than state by -1.3
• CAGR Rental Yield: Gray County under performed than US by -3.9

County	Gray County
Population 2015	22,983
Population 2009	21,791
Population % change	5.5
Population change rank compared to US	842
Population change rank compared to Texas	109
Median Gross Rent 2015	674
Median Gross Rent 2009	571
Median Gross Rent % change	18.0
Median Gross Rent change rank compared to US	1,088
Median Gross Rent change rank compared to Texas	109
Home Value 2015	74,800
Home Value 2009	59,200
Home Value % change	26.4
Home Value change rank compared to US	311
Home Value change rank compared to Texas	70
Rental Yield 2015	10.8
Rental Yield 2009	11.6
Rental Yield % change	-6.6
Rental Yield change rank compared to US	2,683
Rental Yield change rank compared to Texas	170