Trend of Rental Yield in Saluda 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: Saluda County under performed than South Carolina by -2.6
• % Change Population: Saluda County out performed than US by 0.6
• CAGR Population: Saluda County under performed than state by -0.4
• CAGR Population: Saluda County out performed than US by 0.1
• % Change Median Gross Rent: Saluda County out performed than South Carolina by 3.2
• % Change Median Gross Rent: Saluda County out performed than US by 5.8
• CAGR Median Gross Rent: Saluda County out performed than state by 0.5
• CAGR Median Gross Rent: Saluda County out performed than US by 0.9
• % Change Home Value: Saluda County under performed than South Carolina by -5.7
• % Change Home Value: Saluda County out performed than US by 6.9
• CAGR Home Value: Saluda County under performed than state by -0.9
• CAGR Home Value: Saluda County out performed than US by 1.1
• % Change Rental Yield: Saluda County out performed than South Carolina by 9.1
• % Change Rental Yield: Saluda County under performed than US by -2.2
• CAGR Rental Yield: Saluda County out performed than state by 1.4
• CAGR Rental Yield: Saluda County under performed than US by -0.3

County	Saluda County
Population 2015	20,000
Population 2009	18,947
Population % change	5.6
Population change rank compared to US	824
Population change rank compared to South Carolina	17
Median Gross Rent 2015	652
Median Gross Rent 2009	546
Median Gross Rent % change	19.4
Median Gross Rent change rank compared to US	942
Median Gross Rent change rank compared to South Carolina	10
Home Value 2015	92,700
Home Value 2009	89,800
Home Value % change	3.2
Home Value change rank compared to US	2,029
Home Value change rank compared to South Carolina	32
Rental Yield 2015	8.4
Rental Yield 2009	7.3
Rental Yield % change	15.7
Rental Yield change rank compared to US	896
Rental Yield change rank compared to South Carolina	12