Trend of Rental Yield in Franklin County, Alabama

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

CountyFranklin County
Population 201531,634
Population 200930,847
Population % change2.6
Population change rank compared to US1,442
Population change rank compared to Alabama28
Median Gross Rent 2015534
Median Gross Rent 2009462
Median Gross Rent % change15.6
Median Gross Rent change rank compared to US1,401
Median Gross Rent change rank compared to Alabama35
Home Value 201585,600
Home Value 200976,700
Home Value % change11.6
Home Value change rank compared to US1,164
Home Value change rank compared to Alabama31
Rental Yield 20157.5
Rental Yield 20097.2
Rental Yield % change3.6
Rental Yield change rank compared to US1,927
Rental Yield change rank compared to Alabama34