Trend of Rental Yield in Midland 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

CountyMidland County
Population 2015151,290
Population 2009126,287
Population % change19.8
Population change rank compared to US79
Population change rank compared to Texas19
Median Gross Rent 20151,089
Median Gross Rent 2009712
Median Gross Rent % change52.9
Median Gross Rent change rank compared to US59
Median Gross Rent change rank compared to Texas12
Home Value 2015166,700
Home Value 2009109,600
Home Value % change52.1
Home Value change rank compared to US62
Home Value change rank compared to Texas15
Rental Yield 20157.8
Rental Yield 20097.8
Rental Yield % change0.6
Rental Yield change rank compared to US2,209
Rental Yield change rank compared to Texas106