Trend of Rental Yield in Suwannee County, Florida

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: Suwannee County out performed than Florida by 3.2
• % Change Population: Suwannee County out performed than US by 6.1
• CAGR Population: Suwannee County out performed than state by 0.5
• CAGR Population: Suwannee County out performed than US by 1.0
• % Change Median Gross Rent: Suwannee County out performed than Florida by 2.4
• % Change Median Gross Rent: Suwannee County under performed than US by -3.9
• CAGR Median Gross Rent: Suwannee County out performed than state by 0.4
• CAGR Median Gross Rent: Suwannee County under performed than US by -0.5
• % Change Home Value: Suwannee County out performed than Florida by 6.9
• % Change Home Value: Suwannee County under performed than US by -14.2
• CAGR Home Value: Suwannee County out performed than state by 1.4
• CAGR Home Value: Suwannee County under performed than US by -2.6
• % Change Rental Yield: Suwannee County under performed than Florida by -9.0
• % Change Rental Yield: Suwannee County out performed than US by 15.6
• CAGR Rental Yield: Suwannee County under performed than state by -1.2
• CAGR Rental Yield: Suwannee County out performed than US by 2.1

County	Suwannee County
Population 2015	43,595
Population 2009	39,256
Population % change	11.1
Population change rank compared to US	315
Population change rank compared to Florida	12
Median Gross Rent 2015	677
Median Gross Rent 2009	617
Median Gross Rent % change	9.7
Median Gross Rent change rank compared to US	2,279
Median Gross Rent change rank compared to Florida	22
Home Value 2015	92,600
Home Value 2009	112,700
Home Value % change	-17.8
Home Value change rank compared to US	2,983
Home Value change rank compared to Florida	21
Rental Yield 2015	8.8
Rental Yield 2009	6.6
Rental Yield % change	33.5
Rental Yield change rank compared to US	265
Rental Yield change rank compared to Florida	42