Trend of Rental Yield in Cherokee 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

CountyCherokee County
Population 201526,008
Population 200924,427
Population % change6.5
Population change rank compared to US677
Population change rank compared to Alabama14
Median Gross Rent 2015621
Median Gross Rent 2009450
Median Gross Rent % change38
Median Gross Rent change rank compared to US157
Median Gross Rent change rank compared to Alabama2
Home Value 2015105,100
Home Value 200996,200
Home Value % change9.3
Home Value change rank compared to US1,416
Home Value change rank compared to Alabama40
Rental Yield 20157.1
Rental Yield 20095.6
Rental Yield % change26.3
Rental Yield change rank compared to US427
Rental Yield change rank compared to Alabama3