Trend of Rental Yield in Morgan County, Alabama

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 2015119,786
Population 2009115,197
Population % change4.0
Population change rank compared to US1,104
Population change rank compared to Alabama20
Median Gross Rent 2015599
Median Gross Rent 2009550
Median Gross Rent % change8.9
Median Gross Rent change rank compared to US2,382
Median Gross Rent change rank compared to Alabama58
Home Value 2015123,500
Home Value 2009109,800
Home Value % change12.5
Home Value change rank compared to US1,090
Home Value change rank compared to Alabama28
Rental Yield 20155.8
Rental Yield 20096.0
Rental Yield % change-3.2
Rental Yield change rank compared to US2,485
Rental Yield change rank compared to Alabama51