Trend of Rental Yield in Morgan County, Utah

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

CountyMorgan County
Population 201510,276
Population 20098,381
Population % change22.6
Population change rank compared to US56
Population change rank compared to Utah4
Median Gross Rent 2015917
Median Gross Rent 2009588
Median Gross Rent % change56.0
Median Gross Rent change rank compared to US45
Median Gross Rent change rank compared to Utah3
Home Value 2015266,400
Home Value 2009240,700
Home Value % change10.7
Home Value change rank compared to US1,254
Home Value change rank compared to Utah13
Rental Yield 20154.1
Rental Yield 20092.9
Rental Yield % change40.9
Rental Yield change rank compared to US152
Rental Yield change rank compared to Utah3