Trend of Rental Yield in Creek 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: Creek County under performed than Oklahoma by -4.0
• % Change Population: Creek County under performed than US by -2.4
• CAGR Population: Creek County under performed than state by -0.7
• CAGR Population: Creek County under performed than US by -0.4
• % Change Median Gross Rent: Creek County under performed than Oklahoma by -5.6
• % Change Median Gross Rent: Creek County under performed than US by -0.8
• CAGR Median Gross Rent: Creek County under performed than state by -0.9
• CAGR Median Gross Rent: Creek County under performed than US by -0.1
• % Change Home Value: Creek County under performed than Oklahoma by -7.9
• % Change Home Value: Creek County out performed than US by 15.1
• CAGR Home Value: Creek County under performed than state by -1.2
• CAGR Home Value: Creek County out performed than US by 2.4
• % Change Rental Yield: Creek County out performed than Oklahoma by 1.9
• % Change Rental Yield: Creek County under performed than US by -16.7
• CAGR Rental Yield: Creek County out performed than state by 0.3
• CAGR Rental Yield: Creek County under performed than US by -2.6

County	Creek County
Population 2015	70,761
Population 2009	68,974
Population % change	2.6
Population change rank compared to US	1,426
Population change rank compared to Oklahoma	45
Median Gross Rent 2015	689
Median Gross Rent 2009	611
Median Gross Rent % change	12.8
Median Gross Rent change rank compared to US	1,838
Median Gross Rent change rank compared to Oklahoma	59
Home Value 2015	105,000
Home Value 2009	94,200
Home Value % change	11.5
Home Value change rank compared to US	1,179
Home Value change rank compared to Oklahoma	60
Rental Yield 2015	7.9
Rental Yield 2009	7.8
Rental Yield % change	1.2
Rental Yield change rank compared to US	2,146
Rental Yield change rank compared to Oklahoma	34