Trend of Rental Yield in Moore County, Tennessee

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 under performed than Tennessee by -0.5
• % Change Population: Moore County out performed than US by 0.1
• CAGR Population: Moore County under performed than state by -0.1
• CAGR Population: Moore County under performed than US by 0.0
• % Change Median Gross Rent: Moore County out performed than Tennessee by 13.5
• % Change Median Gross Rent: Moore County out performed than US by 16.1
• CAGR Median Gross Rent: Moore County out performed than state by 1.9
• CAGR Median Gross Rent: Moore County out performed than US by 2.3
• % Change Home Value: Moore County out performed than Tennessee by 14.4
• % Change Home Value: Moore County out performed than US by 28.7
• CAGR Home Value: Moore County out performed than state by 2.1
• CAGR Home Value: Moore County out performed than US by 4.4
• % Change Rental Yield: Moore County under performed than Tennessee by -1.3
• % Change Rental Yield: Moore County under performed than US by -14.2
• CAGR Rental Yield: Moore County under performed than state by -0.2
• CAGR Rental Yield: Moore County under performed than US by -2.2

County	Moore County
Population 2015	6,351
Population 2009	6,044
Population % change	5.1
Population change rank compared to US	909
Population change rank compared to Tennessee	29
Median Gross Rent 2015	634
Median Gross Rent 2009	489
Median Gross Rent % change	29.7
Median Gross Rent change rank compared to US	310
Median Gross Rent change rank compared to Tennessee	5
Home Value 2015	152,500
Home Value 2009	122,000
Home Value % change	25
Home Value change rank compared to US	345
Home Value change rank compared to Tennessee	6
Rental Yield 2015	5.0
Rental Yield 2009	4.8
Rental Yield % change	3.7
Rental Yield change rank compared to US	1,909
Rental Yield change rank compared to Tennessee	55