Trend of Rental Yield in Hamblen 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: Hamblen County under performed than Tennessee by -3.4
• % Change Population: Hamblen County under performed than US by -2.9
• CAGR Population: Hamblen County under performed than state by -0.6
• CAGR Population: Hamblen County under performed than US by -0.5
• % Change Median Gross Rent: Hamblen County out performed than Tennessee by 1.9
• % Change Median Gross Rent: Hamblen County out performed than US by 4.5
• CAGR Median Gross Rent: Hamblen County out performed than state by 0.3
• CAGR Median Gross Rent: Hamblen County out performed than US by 0.7
• % Change Home Value: Hamblen County under performed than Tennessee by -3.1
• % Change Home Value: Hamblen County out performed than US by 11.2
• CAGR Home Value: Hamblen County under performed than state by -0.5
• CAGR Home Value: Hamblen County out performed than US by 1.8
• % Change Rental Yield: Hamblen County out performed than Tennessee by 4.8
• % Change Rental Yield: Hamblen County under performed than US by -8.1
• CAGR Rental Yield: Hamblen County out performed than state by 0.8
• CAGR Rental Yield: Hamblen County under performed than US by -1.2

County	Hamblen County
Population 2015	62,999
Population 2009	61,698
Population % change	2.1
Population change rank compared to US	1,556
Population change rank compared to Tennessee	59
Median Gross Rent 2015	654
Median Gross Rent 2009	554
Median Gross Rent % change	18.1
Median Gross Rent change rank compared to US	1,086
Median Gross Rent change rank compared to Tennessee	33
Home Value 2015	124,200
Home Value 2009	115,500
Home Value % change	7.5
Home Value change rank compared to US	1,596
Home Value change rank compared to Tennessee	64
Rental Yield 2015	6.3
Rental Yield 2009	5.8
Rental Yield % change	9.8
Rental Yield change rank compared to US	1,310
Rental Yield change rank compared to Tennessee	26