Trend of Rental Yield in Benton County, Tennessee

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: Benton County under performed than Tennessee by -4.7
• % Change Population: Benton County under performed than US by -4.2
• CAGR Population: Benton County under performed than state by -0.8
• CAGR Population: Benton County under performed than US by -0.7
• % Change Median Gross Rent: Benton County out performed than Tennessee by 4.9
• % Change Median Gross Rent: Benton County out performed than US by 7.4
• CAGR Median Gross Rent: Benton County out performed than state by 0.7
• CAGR Median Gross Rent: Benton County out performed than US by 1.1
• % Change Home Value: Benton County out performed than Tennessee by 4.5
• % Change Home Value: Benton County out performed than US by 18.7
• CAGR Home Value: Benton County out performed than state by 0.7
• CAGR Home Value: Benton County out performed than US by 3.0
• % Change Rental Yield: Benton County out performed than Tennessee by 0.2
• % Change Rental Yield: Benton County under performed than US by -12.7
• CAGR Rental Yield: Benton County under performed than state by 0.0
• CAGR Rental Yield: Benton County under performed than US by -2.0

County	Benton County
Population 2015	16,261
Population 2009	16,130
Population % change	0.8
Population change rank compared to US	1,877
Population change rank compared to Tennessee	76
Median Gross Rent 2015	559
Median Gross Rent 2009	462
Median Gross Rent % change	21.0
Median Gross Rent change rank compared to US	792
Median Gross Rent change rank compared to Tennessee	18
Home Value 2015	86,400
Home Value 2009	75,100
Home Value % change	15.0
Home Value change rank compared to US	880
Home Value change rank compared to Tennessee	24
Rental Yield 2015	7.8
Rental Yield 2009	7.4
Rental Yield % change	5.2
Rental Yield change rank compared to US	1,752
Rental Yield change rank compared to Tennessee	47