Trend of Rental Yield in Bacon County, Georgia

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: Bacon County out performed than Georgia by 1.9
• % Change Population: Bacon County out performed than US by 2.3
• CAGR Population: Bacon County out performed than state by 0.3
• CAGR Population: Bacon County out performed than US by 0.4
• % Change Median Gross Rent: Bacon County out performed than Georgia by 4.5
• % Change Median Gross Rent: Bacon County out performed than US by 2.7
• CAGR Median Gross Rent: Bacon County out performed than state by 0.6
• CAGR Median Gross Rent: Bacon County out performed than US by 0.4
• % Change Home Value: Bacon County out performed than Georgia by 4.9
• % Change Home Value: Bacon County out performed than US by 1.0
• CAGR Home Value: Bacon County out performed than state by 0.9
• CAGR Home Value: Bacon County out performed than US by 0.2
• % Change Rental Yield: Bacon County under performed than Georgia by -1.4
• % Change Rental Yield: Bacon County out performed than US by 1.5
• CAGR Rental Yield: Bacon County under performed than state by -0.2
• CAGR Rental Yield: Bacon County out performed than US by 0.2

County	Bacon County
Population 2015	11,222
Population 2009	10,464
Population % change	7.2
Population change rank compared to US	597
Population change rank compared to Georgia	47
Median Gross Rent 2015	587
Median Gross Rent 2009	505
Median Gross Rent % change	16.2
Median Gross Rent change rank compared to US	1,314
Median Gross Rent change rank compared to Georgia	60
Home Value 2015	62,800
Home Value 2009	64,500
Home Value % change	-2.6
Home Value change rank compared to US	2,454
Home Value change rank compared to Georgia	89
Rental Yield 2015	11.2
Rental Yield 2009	9.4
Rental Yield % change	19.4
Rental Yield change rank compared to US	675
Rental Yield change rank compared to Georgia	58