Trend of Rental Yield in Henry County, Alabama

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: Henry County under performed than Alabama by -0.2
• % Change Population: Henry County under performed than US by -0.9
• CAGR Population: Henry County under performed than state by 0.0
• CAGR Population: Henry County under performed than US by -0.1
• % Change Median Gross Rent: Henry County out performed than Alabama by 4.7
• % Change Median Gross Rent: Henry County out performed than US by 6.6
• CAGR Median Gross Rent: Henry County out performed than state by 0.7
• CAGR Median Gross Rent: Henry County out performed than US by 1.0
• % Change Home Value: Henry County under performed than Alabama by -3.3
• % Change Home Value: Henry County out performed than US by 12.5
• CAGR Home Value: Henry County under performed than state by -0.5
• CAGR Home Value: Henry County out performed than US by 2.0
• % Change Rental Yield: Henry County out performed than Alabama by 7.5
• % Change Rental Yield: Henry County under performed than US by -7.4
• CAGR Rental Yield: Henry County out performed than state by 1.2
• CAGR Rental Yield: Henry County under performed than US by -1.1

County	Henry County
Population 2015	17,252
Population 2009	16,580
Population % change	4.1
Population change rank compared to US	1,092
Population change rank compared to Alabama	19
Median Gross Rent 2015	595
Median Gross Rent 2009	495
Median Gross Rent % change	20.2
Median Gross Rent change rank compared to US	848
Median Gross Rent change rank compared to Alabama	14
Home Value 2015	96,300
Home Value 2009	88,500
Home Value % change	8.8
Home Value change rank compared to US	1,459
Home Value change rank compared to Alabama	42
Rental Yield 2015	7.4
Rental Yield 2009	6.7
Rental Yield % change	10.5
Rental Yield change rank compared to US	1,257
Rental Yield change rank compared to Alabama	14