Trend of Rental Yield in Tate 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: Tate County out performed than Mississippi by 3.4
• % Change Population: Tate County out performed than US by 0.7
• CAGR Population: Tate County out performed than state by 0.5
• CAGR Population: Tate County out performed than US by 0.1
• % Change Median Gross Rent: Tate County under performed than Mississippi by -2.1
• % Change Median Gross Rent: Tate County under performed than US by -0.4
• CAGR Median Gross Rent: Tate County under performed than state by -0.3
• CAGR Median Gross Rent: Tate County under performed than US by 0.0
• % Change Home Value: Tate County out performed than Mississippi by 5.2
• % Change Home Value: Tate County out performed than US by 21.7
• CAGR Home Value: Tate County out performed than state by 0.8
• CAGR Home Value: Tate County out performed than US by 3.4
• % Change Rental Yield: Tate County under performed than Mississippi by -6.3
• % Change Rental Yield: Tate County under performed than US by -22.0
• CAGR Rental Yield: Tate County under performed than state by -1.1
• CAGR Rental Yield: Tate County under performed than US by -3.5

County	Tate County
Population 2015	28,415
Population 2009	26,888
Population % change	5.7
Population change rank compared to US	808
Population change rank compared to Mississippi	15
Median Gross Rent 2015	713
Median Gross Rent 2009	630
Median Gross Rent % change	13.2
Median Gross Rent change rank compared to US	1,771
Median Gross Rent change rank compared to Mississippi	41
Home Value 2015	110,200
Home Value 2009	93,400
Home Value % change	18.0
Home Value change rank compared to US	683
Home Value change rank compared to Mississippi	15
Rental Yield 2015	7.8
Rental Yield 2009	8.1
Rental Yield % change	-4.1
Rental Yield change rank compared to US	2,552
Rental Yield change rank compared to Mississippi	64