Trend of Rental Yield in McNairy 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: McNairy County under performed than Tennessee by -2.9
• % Change Population: McNairy County under performed than US by -2.4
• CAGR Population: McNairy County under performed than state by -0.5
• CAGR Population: McNairy County under performed than US by -0.4
• % Change Median Gross Rent: McNairy County out performed than Tennessee by 2.6
• % Change Median Gross Rent: McNairy County out performed than US by 5.1
• CAGR Median Gross Rent: McNairy County out performed than state by 0.4
• CAGR Median Gross Rent: McNairy County out performed than US by 0.8
• % Change Home Value: McNairy County under performed than Tennessee by -6.2
• % Change Home Value: McNairy County out performed than US by 8.1
• CAGR Home Value: McNairy County under performed than state by -1.0
• CAGR Home Value: McNairy County out performed than US by 1.3
• % Change Rental Yield: McNairy County out performed than Tennessee by 8.7
• % Change Rental Yield: McNairy County under performed than US by -4.3
• CAGR Rental Yield: McNairy County out performed than state by 1.4
• CAGR Rental Yield: McNairy County under performed than US by -0.6

County	McNairy County
Population 2015	26,103
Population 2009	25,436
Population % change	2.6
Population change rank compared to US	1,414
Population change rank compared to Tennessee	49
Median Gross Rent 2015	578
Median Gross Rent 2009	487
Median Gross Rent % change	18.7
Median Gross Rent change rank compared to US	1,014
Median Gross Rent change rank compared to Tennessee	28
Home Value 2015	85,000
Home Value 2009	81,400
Home Value % change	4.4
Home Value change rank compared to US	1,904
Home Value change rank compared to Tennessee	80
Rental Yield 2015	8.2
Rental Yield 2009	7.2
Rental Yield % change	13.7
Rental Yield change rank compared to US	1,016
Rental Yield change rank compared to Tennessee	13