Trend of Rental Yield in Fannin 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: Fannin County out performed than Georgia by 0.5
• % Change Population: Fannin County out performed than US by 0.8
• CAGR Population: Fannin County under performed than state by 0.0
• CAGR Population: Fannin County out performed than US by 0.1
• % Change Median Gross Rent: Fannin County out performed than Georgia by 8.6
• % Change Median Gross Rent: Fannin County out performed than US by 6.7
• CAGR Median Gross Rent: Fannin County out performed than state by 1.2
• CAGR Median Gross Rent: Fannin County out performed than US by 1.0
• % Change Home Value: Fannin County out performed than Georgia by 7.4
• % Change Home Value: Fannin County out performed than US by 3.6
• CAGR Home Value: Fannin County out performed than state by 1.3
• CAGR Home Value: Fannin County out performed than US by 0.6
• % Change Rental Yield: Fannin County under performed than Georgia by -0.4
• % Change Rental Yield: Fannin County out performed than US by 2.5
• CAGR Rental Yield: Fannin County under performed than state by -0.1
• CAGR Rental Yield: Fannin County out performed than US by 0.3

County	Fannin County
Population 2015	23,742
Population 2009	22,434
Population % change	5.8
Population change rank compared to US	779
Population change rank compared to Georgia	60
Median Gross Rent 2015	664
Median Gross Rent 2009	552
Median Gross Rent % change	20.3
Median Gross Rent change rank compared to US	838
Median Gross Rent change rank compared to Georgia	41
Home Value 2015	164,600
Home Value 2009	164,700
Home Value % change	-0.1
Home Value change rank compared to US	2,304
Home Value change rank compared to Georgia	78
Rental Yield 2015	4.8
Rental Yield 2009	4.0
Rental Yield % change	20.4
Rental Yield change rank compared to US	638
Rental Yield change rank compared to Georgia	54