Trend of Rental Yield in Chester 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: Chester County out performed than Tennessee by 2.0
• % Change Population: Chester County out performed than US by 2.6
• CAGR Population: Chester County out performed than state by 0.3
• CAGR Population: Chester County out performed than US by 0.4
• % Change Median Gross Rent: Chester County under performed than Tennessee by -0.4
• % Change Median Gross Rent: Chester County out performed than US by 2.1
• CAGR Median Gross Rent: Chester County under performed than state by 0.0
• CAGR Median Gross Rent: Chester County out performed than US by 0.4
• % Change Home Value: Chester County out performed than Tennessee by 1.9
• % Change Home Value: Chester County out performed than US by 16.1
• CAGR Home Value: Chester County out performed than state by 0.3
• CAGR Home Value: Chester County out performed than US by 2.6
• % Change Rental Yield: Chester County under performed than Tennessee by -2.1
• % Change Rental Yield: Chester County under performed than US by -15.0
• CAGR Rental Yield: Chester County under performed than state by -0.3
• CAGR Rental Yield: Chester County under performed than US by -2.3

County	Chester County
Population 2015	17,324
Population 2009	16,106
Population % change	7.6
Population change rank compared to US	568
Population change rank compared to Tennessee	11
Median Gross Rent 2015	655
Median Gross Rent 2009	566
Median Gross Rent % change	15.7
Median Gross Rent change rank compared to US	1,384
Median Gross Rent change rank compared to Tennessee	49
Home Value 2015	108,300
Home Value 2009	96,300
Home Value % change	12.5
Home Value change rank compared to US	1,093
Home Value change rank compared to Tennessee	34
Rental Yield 2015	7.3
Rental Yield 2009	7.1
Rental Yield % change	2.9
Rental Yield change rank compared to US	1,997
Rental Yield change rank compared to Tennessee	58