Trend of Rental Yield in Hickman 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: Hickman County under performed than Tennessee by -2.9
• % Change Population: Hickman County under performed than US by -2.4
• CAGR Population: Hickman County under performed than state by -0.5
• CAGR Population: Hickman County under performed than US by -0.4
• % Change Median Gross Rent: Hickman County under performed than Tennessee by -3.4
• % Change Median Gross Rent: Hickman County under performed than US by -0.8
• CAGR Median Gross Rent: Hickman County under performed than state by -0.5
• CAGR Median Gross Rent: Hickman County under performed than US by -0.1
• % Change Home Value: Hickman County under performed than Tennessee by -13.2
• % Change Home Value: Hickman County out performed than US by 1.1
• CAGR Home Value: Hickman County under performed than state by -2.1
• CAGR Home Value: Hickman County out performed than US by 0.2
• % Change Rental Yield: Hickman County out performed than Tennessee by 10.8
• % Change Rental Yield: Hickman County under performed than US by -2.2
• CAGR Rental Yield: Hickman County out performed than state by 1.7
• CAGR Rental Yield: Hickman County under performed than US by -0.3

County	Hickman County
Population 2015	24,283
Population 2009	23,670
Population % change	2.6
Population change rank compared to US	1,427
Population change rank compared to Tennessee	50
Median Gross Rent 2015	637
Median Gross Rent 2009	565
Median Gross Rent % change	12.7
Median Gross Rent change rank compared to US	1,840
Median Gross Rent change rank compared to Tennessee	61
Home Value 2015	93,800
Home Value 2009	96,300
Home Value % change	-2.6
Home Value change rank compared to US	2,451
Home Value change rank compared to Tennessee	94
Rental Yield 2015	8.1
Rental Yield 2009	7.0
Rental Yield % change	15.7
Rental Yield change rank compared to US	888
Rental Yield change rank compared to Tennessee	10