Trend of Rental Yield in Ray County, Missouri

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: Ray County under performed than Missouri by -4.4
• % Change Population: Ray County under performed than US by -7.0
• CAGR Population: Ray County under performed than state by -0.7
• CAGR Population: Ray County under performed than US by -1.1
• % Change Median Gross Rent: Ray County out performed than Missouri by 2.8
• % Change Median Gross Rent: Ray County out performed than US by 4.0
• CAGR Median Gross Rent: Ray County out performed than state by 0.4
• CAGR Median Gross Rent: Ray County out performed than US by 0.6
• % Change Home Value: Ray County under performed than Missouri by -5.9
• % Change Home Value: Ray County out performed than US by 0.7
• CAGR Home Value: Ray County under performed than state by -1.0
• CAGR Home Value: Ray County out performed than US by 0.1
• % Change Rental Yield: Ray County out performed than Missouri by 9.7
• % Change Rental Yield: Ray County out performed than US by 3.3
• CAGR Rental Yield: Ray County out performed than state by 1.5
• CAGR Rental Yield: Ray County out performed than US by 0.5

County	Ray County
Population 2015	23,031
Population 2009	23,507
Population % change	-2.0
Population change rank compared to US	2,579
Population change rank compared to Missouri	102
Median Gross Rent 2015	728
Median Gross Rent 2009	619
Median Gross Rent % change	17.6
Median Gross Rent change rank compared to US	1,146
Median Gross Rent change rank compared to Missouri	52
Home Value 2015	120,200
Home Value 2009	123,900
Home Value % change	-3.0
Home Value change rank compared to US	2,479
Home Value change rank compared to Missouri	104
Rental Yield 2015	7.3
Rental Yield 2009	6.0
Rental Yield % change	21.2
Rental Yield change rank compared to US	604
Rental Yield change rank compared to Missouri	20