Trend of Rental Yield in Bibb 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

CountyBibb County
Population 201522,604
Population 200921,464
Population % change5.3
Population change rank compared to US868
Population change rank compared to Alabama15
Median Gross Rent 2015651
Median Gross Rent 2009506
Median Gross Rent % change28.7
Median Gross Rent change rank compared to US337
Median Gross Rent change rank compared to Alabama6
Home Value 2015102,700
Home Value 200981,300
Home Value % change26.3
Home Value change rank compared to US314
Home Value change rank compared to Alabama3
Rental Yield 20157.6
Rental Yield 20097.5
Rental Yield % change1.8
Rental Yield change rank compared to US2,089
Rental Yield change rank compared to Alabama40