Trend of Rental Yield in Cherokee 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: Cherokee County out performed than Georgia by 6.9
• % Change Population: Cherokee County out performed than US by 7.3
• CAGR Population: Cherokee County out performed than state by 1.0
• CAGR Population: Cherokee County out performed than US by 1.1
• % Change Median Gross Rent: Cherokee County under performed than Georgia by -1.7
• % Change Median Gross Rent: Cherokee County under performed than US by -3.6
• CAGR Median Gross Rent: Cherokee County under performed than state by -0.3
• CAGR Median Gross Rent: Cherokee County under performed than US by -0.5
• % Change Home Value: Cherokee County out performed than Georgia by 2.8
• % Change Home Value: Cherokee County under performed than US by -1.0
• CAGR Home Value: Cherokee County out performed than state by 0.5
• CAGR Home Value: Cherokee County under performed than US by -0.2
• % Change Rental Yield: Cherokee County under performed than Georgia by -5.3
• % Change Rental Yield: Cherokee County under performed than US by -2.5
• CAGR Rental Yield: Cherokee County under performed than state by -0.8
• CAGR Rental Yield: Cherokee County under performed than US by -0.4

County	Cherokee County
Population 2015	225,944
Population 2009	201,233
Population % change	12.3
Population change rank compared to US	247
Population change rank compared to Georgia	27
Median Gross Rent 2015	1,010
Median Gross Rent 2009	918
Median Gross Rent % change	10.0
Median Gross Rent change rank compared to US	2,239
Median Gross Rent change rank compared to Georgia	98
Home Value 2015	190,500
Home Value 2009	199,800
Home Value % change	-4.7
Home Value change rank compared to US	2,583
Home Value change rank compared to Georgia	104
Rental Yield 2015	6.4
Rental Yield 2009	5.5
Rental Yield % change	15.4
Rental Yield change rank compared to US	911
Rental Yield change rank compared to Georgia	74