Trend of Rental Yield in Moore County, North Carolina

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: Moore County out performed than North Carolina by 0.0
• % Change Population: Moore County out performed than US by 3.9
• CAGR Population: Moore County under performed than state by 0.0
• CAGR Population: Moore County out performed than US by 0.6
• % Change Median Gross Rent: Moore County out performed than North Carolina by 6.6
• % Change Median Gross Rent: Moore County out performed than US by 6.5
• CAGR Median Gross Rent: Moore County out performed than state by 1.0
• CAGR Median Gross Rent: Moore County out performed than US by 1.0
• % Change Home Value: Moore County out performed than North Carolina by 8.8
• % Change Home Value: Moore County out performed than US by 20.3
• CAGR Home Value: Moore County out performed than state by 1.3
• CAGR Home Value: Moore County out performed than US by 3.2
• % Change Rental Yield: Moore County under performed than North Carolina by -2.4
• % Change Rental Yield: Moore County under performed than US by -14.9
• CAGR Rental Yield: Moore County under performed than state by -0.4
• CAGR Rental Yield: Moore County under performed than US by -2.3

County	Moore County
Population 2015	91,743
Population 2009	84,280
Population % change	8.9
Population change rank compared to US	454
Population change rank compared to North Carolina	29
Median Gross Rent 2015	771
Median Gross Rent 2009	642
Median Gross Rent % change	20.1
Median Gross Rent change rank compared to US	860
Median Gross Rent change rank compared to North Carolina	20
Home Value 2015	199,100
Home Value 2009	170,700
Home Value % change	16.6
Home Value change rank compared to US	776
Home Value change rank compared to North Carolina	10
Rental Yield 2015	4.6
Rental Yield 2009	4.5
Rental Yield % change	3.0
Rental Yield change rank compared to US	1,991
Rental Yield change rank compared to North Carolina	66