Trend of Rental Yield in Monroe 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: Monroe County under performed than Mississippi by -4.7
• % Change Population: Monroe County under performed than US by -7.5
• CAGR Population: Monroe County under performed than state by -0.8
• CAGR Population: Monroe County under performed than US by -1.2
• % Change Median Gross Rent: Monroe County out performed than Mississippi by 2.5
• % Change Median Gross Rent: Monroe County out performed than US by 4.1
• CAGR Median Gross Rent: Monroe County out performed than state by 0.4
• CAGR Median Gross Rent: Monroe County out performed than US by 0.7
• % Change Home Value: Monroe County under performed than Mississippi by -9.4
• % Change Home Value: Monroe County out performed than US by 7.1
• CAGR Home Value: Monroe County under performed than state by -1.4
• CAGR Home Value: Monroe County out performed than US by 1.2
• % Change Rental Yield: Monroe County out performed than Mississippi by 11.7
• % Change Rental Yield: Monroe County under performed than US by -4.0
• CAGR Rental Yield: Monroe County out performed than state by 1.8
• CAGR Rental Yield: Monroe County under performed than US by -0.6

County	Monroe County
Population 2015	36,175
Population 2009	37,089
Population % change	-2.5
Population change rank compared to US	2,650
Population change rank compared to Mississippi	51
Median Gross Rent 2015	571
Median Gross Rent 2009	485
Median Gross Rent % change	17.7
Median Gross Rent change rank compared to US	1,125
Median Gross Rent change rank compared to Mississippi	28
Home Value 2015	79,100
Home Value 2009	76,500
Home Value % change	3.4
Home Value change rank compared to US	2,012
Home Value change rank compared to Mississippi	63
Rental Yield 2015	8.7
Rental Yield 2009	7.6
Rental Yield % change	13.9
Rental Yield change rank compared to US	1,007
Rental Yield change rank compared to Mississippi	16