Trend of Rental Yield in Murray County, Georgia

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: Murray County under performed than Georgia by -8.2
• % Change Population: Murray County under performed than US by -7.8
• CAGR Population: Murray County under performed than state by -1.4
• CAGR Population: Murray County under performed than US by -1.3
• % Change Median Gross Rent: Murray County under performed than Georgia by -0.1
• % Change Median Gross Rent: Murray County under performed than US by -2.0
• CAGR Median Gross Rent: Murray County under performed than state by -0.1
• CAGR Median Gross Rent: Murray County under performed than US by -0.3
• % Change Home Value: Murray County under performed than Georgia by -3.7
• % Change Home Value: Murray County under performed than US by -7.5
• CAGR Home Value: Murray County under performed than state by -0.7
• CAGR Home Value: Murray County under performed than US by -1.4
• % Change Rental Yield: Murray County out performed than Georgia by 4.9
• % Change Rental Yield: Murray County out performed than US by 7.7
• CAGR Rental Yield: Murray County out performed than state by 0.7
• CAGR Rental Yield: Murray County out performed than US by 1.1

County	Murray County
Population 2015	39,401
Population 2009	40,535
Population % change	-2.8
Population change rank compared to US	2,707
Population change rank compared to Georgia	130
Median Gross Rent 2015	636
Median Gross Rent 2009	570
Median Gross Rent % change	11.6
Median Gross Rent change rank compared to US	2,008
Median Gross Rent change rank compared to Georgia	88
Home Value 2015	89,800
Home Value 2009	101,100
Home Value % change	-11.2
Home Value change rank compared to US	2,829
Home Value change rank compared to Georgia	141
Rental Yield 2015	8.5
Rental Yield 2009	6.8
Rental Yield % change	25.6
Rental Yield change rank compared to US	453
Rental Yield change rank compared to Georgia	36