Trend of Rental Yield in Long 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: Long County out performed than Georgia by 40.2
• % Change Population: Long County out performed than US by 40.6
• CAGR Population: Long County out performed than state by 5.6
• CAGR Population: Long County out performed than US by 5.7
• % Change Median Gross Rent: Long County out performed than Georgia by 9.8
• % Change Median Gross Rent: Long County out performed than US by 7.9
• CAGR Median Gross Rent: Long County out performed than state by 1.4
• CAGR Median Gross Rent: Long County out performed than US by 1.2
• % Change Home Value: Long County out performed than Georgia by 35.3
• % Change Home Value: Long County out performed than US by 31.5
• CAGR Home Value: Long County out performed than state by 5.5
• CAGR Home Value: Long County out performed than US by 4.8
• % Change Rental Yield: Long County under performed than Georgia by -25.7
• % Change Rental Yield: Long County under performed than US by -22.9
• CAGR Rental Yield: Long County under performed than state by -4.0
• CAGR Rental Yield: Long County under performed than US by -3.6

County	Long County
Population 2015	16,588
Population 2009	11,394
Population % change	45.6
Population change rank compared to US	6
Population change rank compared to Georgia	1
Median Gross Rent 2015	724
Median Gross Rent 2009	596
Median Gross Rent % change	21.5
Median Gross Rent change rank compared to US	747
Median Gross Rent change rank compared to Georgia	35
Home Value 2015	103,300
Home Value 2009	80,800
Home Value % change	27.8
Home Value change rank compared to US	276
Home Value change rank compared to Georgia	7
Rental Yield 2015	8.4
Rental Yield 2009	8.9
Rental Yield % change	-5.0
Rental Yield change rank compared to US	2,607
Rental Yield change rank compared to Georgia	142