Trend of Rental Yield in Morris County, Texas

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

CountyMorris County
Population 201512,700
Population 200912,852
Population % change-1.2
Population change rank compared to US2,420
Population change rank compared to Texas210
Median Gross Rent 2015648
Median Gross Rent 2009438
Median Gross Rent % change47.9
Median Gross Rent change rank compared to US80
Median Gross Rent change rank compared to Texas14
Home Value 201569,300
Home Value 200975,100
Home Value % change-7.7
Home Value change rank compared to US2,729
Home Value change rank compared to Texas245
Rental Yield 201511.2
Rental Yield 20097.0
Rental Yield % change60.3
Rental Yield change rank compared to US39
Rental Yield change rank compared to Texas6