Trend of Rental Yield in Hardeman 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: Hardeman County under performed than Tennessee by -11.0
• % Change Population: Hardeman County under performed than US by -10.4
• CAGR Population: Hardeman County under performed than state by -1.8
• CAGR Population: Hardeman County under performed than US by -1.7
• % Change Median Gross Rent: Hardeman County out performed than Tennessee by 7.6
• % Change Median Gross Rent: Hardeman County out performed than US by 10.1
• CAGR Median Gross Rent: Hardeman County out performed than state by 1.1
• CAGR Median Gross Rent: Hardeman County out performed than US by 1.5
• % Change Home Value: Hardeman County under performed than Tennessee by -12.5
• % Change Home Value: Hardeman County out performed than US by 1.8
• CAGR Home Value: Hardeman County under performed than state by -2.0
• CAGR Home Value: Hardeman County out performed than US by 0.3
• % Change Rental Yield: Hardeman County out performed than Tennessee by 21.1
• % Change Rental Yield: Hardeman County out performed than US by 8.2
• CAGR Rental Yield: Hardeman County out performed than state by 3.1
• CAGR Rental Yield: Hardeman County out performed than US by 1.1

County	Hardeman County
Population 2015	26,253
Population 2009	27,759
Population % change	-5.4
Population change rank compared to US	2,950
Population change rank compared to Tennessee	95
Median Gross Rent 2015	616
Median Gross Rent 2009	498
Median Gross Rent % change	23.7
Median Gross Rent change rank compared to US	583
Median Gross Rent change rank compared to Tennessee	12
Home Value 2015	83,000
Home Value 2009	84,600
Home Value % change	-1.9
Home Value change rank compared to US	2,413
Home Value change rank compared to Tennessee	93
Rental Yield 2015	8.9
Rental Yield 2009	7.1
Rental Yield % change	26.1
Rental Yield change rank compared to US	435
Rental Yield change rank compared to Tennessee	2