Trend of Rental Yield in Marion 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: Marion County out performed than Mississippi by 0.0
• % Change Population: Marion County under performed than US by -2.7
• CAGR Population: Marion County under performed than state by 0.0
• CAGR Population: Marion County under performed than US by -0.4
• % Change Median Gross Rent: Marion County out performed than Mississippi by 1.3
• % Change Median Gross Rent: Marion County out performed than US by 3.0
• CAGR Median Gross Rent: Marion County out performed than state by 0.2
• CAGR Median Gross Rent: Marion County out performed than US by 0.5
• % Change Home Value: Marion County under performed than Mississippi by -10.0
• % Change Home Value: Marion County out performed than US by 6.4
• CAGR Home Value: Marion County under performed than state by -1.5
• CAGR Home Value: Marion County out performed than US by 1.1
• % Change Rental Yield: Marion County out performed than Mississippi by 11.3
• % Change Rental Yield: Marion County under performed than US by -4.5
• CAGR Rental Yield: Marion County out performed than state by 1.7
• CAGR Rental Yield: Marion County under performed than US by -0.7

County	Marion County
Population 2015	26,109
Population 2009	25,527
Population % change	2.3
Population change rank compared to US	1,511
Population change rank compared to Mississippi	24
Median Gross Rent 2015	612
Median Gross Rent 2009	525
Median Gross Rent % change	16.6
Median Gross Rent change rank compared to US	1,270
Median Gross Rent change rank compared to Mississippi	31
Home Value 2015	78,400
Home Value 2009	76,300
Home Value % change	2.8
Home Value change rank compared to US	2,075
Home Value change rank compared to Mississippi	65
Rental Yield 2015	9.4
Rental Yield 2009	8.3
Rental Yield % change	13.4
Rental Yield change rank compared to US	1,030
Rental Yield change rank compared to Mississippi	18