Trend of Rental Yield in Lamar 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: Lamar County out performed than Georgia by 1.1
• % Change Population: Lamar County out performed than US by 1.5
• CAGR Population: Lamar County out performed than state by 0.2
• CAGR Population: Lamar County out performed than US by 0.3
• % Change Median Gross Rent: Lamar County under performed than Georgia by -10.3
• % Change Median Gross Rent: Lamar County under performed than US by -12.2
• CAGR Median Gross Rent: Lamar County under performed than state by -1.7
• CAGR Median Gross Rent: Lamar County under performed than US by -1.9
• % Change Home Value: Lamar County out performed than Georgia by 21.1
• % Change Home Value: Lamar County out performed than US by 17.3
• CAGR Home Value: Lamar County out performed than state by 3.5
• CAGR Home Value: Lamar County out performed than US by 2.8
• % Change Rental Yield: Lamar County under performed than Georgia by -31.5
• % Change Rental Yield: Lamar County under performed than US by -28.7
• CAGR Rental Yield: Lamar County under performed than state by -5.1
• CAGR Rental Yield: Lamar County under performed than US by -4.7

County	Lamar County
Population 2015	18,114
Population 2009	17,010
Population % change	6.5
Population change rank compared to US	673
Population change rank compared to Georgia	51
Median Gross Rent 2015	650
Median Gross Rent 2009	641
Median Gross Rent % change	1.4
Median Gross Rent change rank compared to US	2,922
Median Gross Rent change rank compared to Georgia	146
Home Value 2015	124,300
Home Value 2009	109,400
Home Value % change	13.6
Home Value change rank compared to US	992
Home Value change rank compared to Georgia	24
Rental Yield 2015	6.3
Rental Yield 2009	7.0
Rental Yield % change	-10.8
Rental Yield change rank compared to US	2,852
Rental Yield change rank compared to Georgia	149