Trend of Rental Yield in Jasper County, Mississippi

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: Jasper County under performed than Mississippi by -9.8
• % Change Population: Jasper County under performed than US by -12.6
• CAGR Population: Jasper County under performed than state by -1.7
• CAGR Population: Jasper County under performed than US by -2.1
• % Change Median Gross Rent: Jasper County out performed than Mississippi by 34.7
• % Change Median Gross Rent: Jasper County out performed than US by 36.4
• CAGR Median Gross Rent: Jasper County out performed than state by 4.6
• CAGR Median Gross Rent: Jasper County out performed than US by 4.9
• % Change Home Value: Jasper County under performed than Mississippi by -2.2
• % Change Home Value: Jasper County out performed than US by 14.3
• CAGR Home Value: Jasper County under performed than state by -0.3
• CAGR Home Value: Jasper County out performed than US by 2.3
• % Change Rental Yield: Jasper County out performed than Mississippi by 33.4
• % Change Rental Yield: Jasper County out performed than US by 17.7
• CAGR Rental Yield: Jasper County out performed than state by 4.8
• CAGR Rental Yield: Jasper County out performed than US by 2.4

County	Jasper County
Population 2015	16,588
Population 2009	17,944
Population % change	-7.6
Population change rank compared to US	3,041
Population change rank compared to Mississippi	66
Median Gross Rent 2015	708
Median Gross Rent 2009	472
Median Gross Rent % change	50
Median Gross Rent change rank compared to US	72
Median Gross Rent change rank compared to Mississippi	3
Home Value 2015	69,900
Home Value 2009	63,200
Home Value % change	10.6
Home Value change rank compared to US	1,265
Home Value change rank compared to Mississippi	38
Rental Yield 2015	12.2
Rental Yield 2009	9.0
Rental Yield % change	35.6
Rental Yield change rank compared to US	226
Rental Yield change rank compared to Mississippi	3