Trend of Rental Yield in Okaloosa County, Florida

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: Okaloosa County under performed than Florida by -1.6
• % Change Population: Okaloosa County out performed than US by 1.2
• CAGR Population: Okaloosa County under performed than state by -0.3
• CAGR Population: Okaloosa County out performed than US by 0.2
• % Change Median Gross Rent: Okaloosa County out performed than Florida by 4.8
• % Change Median Gross Rent: Okaloosa County under performed than US by -1.6
• CAGR Median Gross Rent: Okaloosa County out performed than state by 0.7
• CAGR Median Gross Rent: Okaloosa County under performed than US by -0.2
• % Change Home Value: Okaloosa County out performed than Florida by 15.4
• % Change Home Value: Okaloosa County under performed than US by -5.7
• CAGR Home Value: Okaloosa County out performed than state by 3.0
• CAGR Home Value: Okaloosa County under performed than US by -1.0
• % Change Rental Yield: Okaloosa County under performed than Florida by -18.9
• % Change Rental Yield: Okaloosa County out performed than US by 5.7
• CAGR Rental Yield: Okaloosa County under performed than state by -2.5
• CAGR Rental Yield: Okaloosa County out performed than US by 0.8

County	Okaloosa County
Population 2015	192,237
Population 2009	180,955
Population % change	6.2
Population change rank compared to US	724
Population change rank compared to Florida	34
Median Gross Rent 2015	1,024
Median Gross Rent 2009	914
Median Gross Rent % change	12.0
Median Gross Rent change rank compared to US	1,949
Median Gross Rent change rank compared to Florida	16
Home Value 2015	186,300
Home Value 2009	205,600
Home Value % change	-9.4
Home Value change rank compared to US	2,787
Home Value change rank compared to Florida	11
Rental Yield 2015	6.6
Rental Yield 2009	5.3
Rental Yield % change	23.6
Rental Yield change rank compared to US	515
Rental Yield change rank compared to Florida	50