Trend of Rental Yield in Washita 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: Washita County under performed than Oklahoma by -6.0
• % Change Population: Washita County under performed than US by -4.3
• CAGR Population: Washita County under performed than state by -1.0
• CAGR Population: Washita County under performed than US by -0.7
• % Change Median Gross Rent: Washita County under performed than Oklahoma by -5.2
• % Change Median Gross Rent: Washita County under performed than US by -0.4
• CAGR Median Gross Rent: Washita County under performed than state by -0.8
• CAGR Median Gross Rent: Washita County under performed than US by 0.0
• % Change Home Value: Washita County under performed than Oklahoma by -8.8
• % Change Home Value: Washita County out performed than US by 14.2
• CAGR Home Value: Washita County under performed than state by -1.3
• CAGR Home Value: Washita County out performed than US by 2.3
• % Change Rental Yield: Washita County out performed than Oklahoma by 3.2
• % Change Rental Yield: Washita County under performed than US by -15.5
• CAGR Rental Yield: Washita County out performed than state by 0.5
• CAGR Rental Yield: Washita County under performed than US by -2.4

County	Washita County
Population 2015	11,649
Population 2009	11,573
Population % change	0.7
Population change rank compared to US	1,931
Population change rank compared to Oklahoma	60
Median Gross Rent 2015	644
Median Gross Rent 2009	569
Median Gross Rent % change	13.2
Median Gross Rent change rank compared to US	1,767
Median Gross Rent change rank compared to Oklahoma	57
Home Value 2015	77,600
Home Value 2009	70,200
Home Value % change	10.5
Home Value change rank compared to US	1,274
Home Value change rank compared to Oklahoma	63
Rental Yield 2015	10.0
Rental Yield 2009	9.7
Rental Yield % change	2.4
Rental Yield change rank compared to US	2,048
Rental Yield change rank compared to Oklahoma	31