Trend of Rental Yield in Madison 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: Madison County out performed than Mississippi by 10.1
• % Change Population: Madison County out performed than US by 7.4
• CAGR Population: Madison County out performed than state by 1.6
• CAGR Population: Madison County out performed than US by 1.2
• % Change Median Gross Rent: Madison County out performed than Mississippi by 0.3
• % Change Median Gross Rent: Madison County out performed than US by 2.0
• CAGR Median Gross Rent: Madison County under performed than state by 0.0
• CAGR Median Gross Rent: Madison County out performed than US by 0.3
• % Change Home Value: Madison County out performed than Mississippi by 7.5
• % Change Home Value: Madison County out performed than US by 24.0
• CAGR Home Value: Madison County out performed than state by 1.1
• CAGR Home Value: Madison County out performed than US by 3.7
• % Change Rental Yield: Madison County under performed than Mississippi by -6.1
• % Change Rental Yield: Madison County under performed than US by -21.8
• CAGR Rental Yield: Madison County under performed than state by -1.1
• CAGR Rental Yield: Madison County under performed than US by -3.5

County	Madison County
Population 2015	100,202
Population 2009	89,151
Population % change	12.4
Population change rank compared to US	242
Population change rank compared to Mississippi	7
Median Gross Rent 2015	898
Median Gross Rent 2009	777
Median Gross Rent % change	15.6
Median Gross Rent change rank compared to US	1,403
Median Gross Rent change rank compared to Mississippi	34
Home Value 2015	206,200
Home Value 2009	171,400
Home Value % change	20.3
Home Value change rank compared to US	553
Home Value change rank compared to Mississippi	10
Rental Yield 2015	5.2
Rental Yield 2009	5.4
Rental Yield % change	-3.9
Rental Yield change rank compared to US	2,540
Rental Yield change rank compared to Mississippi	62