Trend of Rental Yield in Carter County, Oklahoma

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: Carter County under performed than Oklahoma by -4.4
• % Change Population: Carter County under performed than US by -2.8
• CAGR Population: Carter County under performed than state by -0.7
• CAGR Population: Carter County under performed than US by -0.4
• % Change Median Gross Rent: Carter County out performed than Oklahoma by 6.8
• % Change Median Gross Rent: Carter County out performed than US by 11.6
• CAGR Median Gross Rent: Carter County out performed than state by 0.9
• CAGR Median Gross Rent: Carter County out performed than US by 1.7
• % Change Home Value: Carter County under performed than Oklahoma by -2.5
• % Change Home Value: Carter County out performed than US by 20.5
• CAGR Home Value: Carter County under performed than state by -0.4
• CAGR Home Value: Carter County out performed than US by 3.2
• % Change Rental Yield: Carter County out performed than Oklahoma by 7.9
• % Change Rental Yield: Carter County under performed than US by -10.8
• CAGR Rental Yield: Carter County out performed than state by 1.3
• CAGR Rental Yield: Carter County under performed than US by -1.6

County	Carter County
Population 2015	48,442
Population 2009	47,388
Population % change	2.2
Population change rank compared to US	1,522
Population change rank compared to Oklahoma	47
Median Gross Rent 2015	676
Median Gross Rent 2009	540
Median Gross Rent % change	25.2
Median Gross Rent change rank compared to US	491
Median Gross Rent change rank compared to Oklahoma	11
Home Value 2015	97,000
Home Value 2009	83,000
Home Value % change	16.9
Home Value change rank compared to US	755
Home Value change rank compared to Oklahoma	42
Rental Yield 2015	8.4
Rental Yield 2009	7.8
Rental Yield % change	7.1
Rental Yield change rank compared to US	1,562
Rental Yield change rank compared to Oklahoma	11