Trend of Rental Yield in Oconee County, South Carolina

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: Oconee County under performed than South Carolina by -1.9
• % Change Population: Oconee County out performed than US by 1.3
• CAGR Population: Oconee County under performed than state by -0.3
• CAGR Population: Oconee County out performed than US by 0.2
• % Change Median Gross Rent: Oconee County out performed than South Carolina by 7.2
• % Change Median Gross Rent: Oconee County out performed than US by 9.8
• CAGR Median Gross Rent: Oconee County out performed than state by 1.1
• CAGR Median Gross Rent: Oconee County out performed than US by 1.5
• % Change Home Value: Oconee County out performed than South Carolina by 12.5
• % Change Home Value: Oconee County out performed than US by 25.2
• CAGR Home Value: Oconee County out performed than state by 1.9
• CAGR Home Value: Oconee County out performed than US by 3.9
• % Change Rental Yield: Oconee County under performed than South Carolina by -5.1
• % Change Rental Yield: Oconee County under performed than US by -16.3
• CAGR Rental Yield: Oconee County under performed than state by -0.8
• CAGR Rental Yield: Oconee County under performed than US by -2.5

County	Oconee County
Population 2015	74,949
Population 2009	70,507
Population % change	6.3
Population change rank compared to US	710
Population change rank compared to South Carolina	15
Median Gross Rent 2015	670
Median Gross Rent 2009	543
Median Gross Rent % change	23.4
Median Gross Rent change rank compared to US	609
Median Gross Rent change rank compared to South Carolina	6
Home Value 2015	147,000
Home Value 2009	121,000
Home Value % change	21.5
Home Value change rank compared to US	488
Home Value change rank compared to South Carolina	2
Rental Yield 2015	5.5
Rental Yield 2009	5.4
Rental Yield % change	1.6
Rental Yield change rank compared to US	2,115
Rental Yield change rank compared to South Carolina	39