Trend of Rental Yield in Ottawa 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: Ottawa County under performed than Oklahoma by -6.8
• % Change Population: Ottawa County under performed than US by -5.2
• CAGR Population: Ottawa County under performed than state by -1.1
• CAGR Population: Ottawa County under performed than US by -0.8
• % Change Median Gross Rent: Ottawa County out performed than Oklahoma by 12.8
• % Change Median Gross Rent: Ottawa County out performed than US by 17.6
• CAGR Median Gross Rent: Ottawa County out performed than state by 1.7
• CAGR Median Gross Rent: Ottawa County out performed than US by 2.5
• % Change Home Value: Ottawa County under performed than Oklahoma by -8.9
• % Change Home Value: Ottawa County out performed than US by 14.1
• CAGR Home Value: Ottawa County under performed than state by -1.3
• CAGR Home Value: Ottawa County out performed than US by 2.3
• % Change Rental Yield: Ottawa County out performed than Oklahoma by 19.6
• % Change Rental Yield: Ottawa County out performed than US by 0.9
• CAGR Rental Yield: Ottawa County out performed than state by 3.0
• CAGR Rental Yield: Ottawa County out performed than US by 0.1

County	Ottawa County
Population 2015	32,085
Population 2009	32,148
Population % change	-0.2
Population change rank compared to US	2,172
Population change rank compared to Oklahoma	64
Median Gross Rent 2015	627
Median Gross Rent 2009	478
Median Gross Rent % change	31.2
Median Gross Rent change rank compared to US	274
Median Gross Rent change rank compared to Oklahoma	6
Home Value 2015	82,600
Home Value 2009	74,800
Home Value % change	10.4
Home Value change rank compared to US	1,284
Home Value change rank compared to Oklahoma	64
Rental Yield 2015	9.1
Rental Yield 2009	7.7
Rental Yield % change	18.8
Rental Yield change rank compared to US	708
Rental Yield change rank compared to Oklahoma	3