Trend of Rental Yield in Grady 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: Grady County under performed than Georgia by -3.6
• % Change Population: Grady County under performed than US by -3.2
• CAGR Population: Grady County under performed than state by -0.6
• CAGR Population: Grady County under performed than US by -0.5
• % Change Median Gross Rent: Grady County out performed than Georgia by 10.9
• % Change Median Gross Rent: Grady County out performed than US by 9.0
• CAGR Median Gross Rent: Grady County out performed than state by 1.6
• CAGR Median Gross Rent: Grady County out performed than US by 1.4
• % Change Home Value: Grady County out performed than Georgia by 30.2
• % Change Home Value: Grady County out performed than US by 26.4
• CAGR Home Value: Grady County out performed than state by 4.8
• CAGR Home Value: Grady County out performed than US by 4.1
• % Change Rental Yield: Grady County under performed than Georgia by -20.8
• % Change Rental Yield: Grady County under performed than US by -18.0
• CAGR Rental Yield: Grady County under performed than state by -3.2
• CAGR Rental Yield: Grady County under performed than US by -2.8

County	Grady County
Population 2015	25,243
Population 2009	24,801
Population % change	1.8
Population change rank compared to US	1,625
Population change rank compared to Georgia	88
Median Gross Rent 2015	727
Median Gross Rent 2009	593
Median Gross Rent % change	22.6
Median Gross Rent change rank compared to US	668
Median Gross Rent change rank compared to Georgia	31
Home Value 2015	115,100
Home Value 2009	93,800
Home Value % change	22.7
Home Value change rank compared to US	440
Home Value change rank compared to Georgia	9
Rental Yield 2015	7.6
Rental Yield 2009	7.6
Rental Yield % change	-0.1
Rental Yield change rank compared to US	2,260
Rental Yield change rank compared to Georgia	131