Trend of Rental Yield in Thomas 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: Thomas County under performed than Georgia by -6.4
• % Change Population: Thomas County under performed than US by -6.0
• CAGR Population: Thomas County under performed than state by -1.1
• CAGR Population: Thomas County under performed than US by -1.0
• % Change Median Gross Rent: Thomas County out performed than Georgia by 1.9
• % Change Median Gross Rent: Thomas County out performed than US by 0.0
• CAGR Median Gross Rent: Thomas County out performed than state by 0.3
• CAGR Median Gross Rent: Thomas County out performed than US by 0.1
• % Change Home Value: Thomas County out performed than Georgia by 9.7
• % Change Home Value: Thomas County out performed than US by 5.8
• CAGR Home Value: Thomas County out performed than state by 1.7
• CAGR Home Value: Thomas County out performed than US by 1.0
• % Change Rental Yield: Thomas County under performed than Georgia by -9.5
• % Change Rental Yield: Thomas County under performed than US by -6.7
• CAGR Rental Yield: Thomas County under performed than state by -1.4
• CAGR Rental Yield: Thomas County under performed than US by -1.0

County	Thomas County
Population 2015	44,824
Population 2009	45,275
Population % change	-1.0
Population change rank compared to US	2,365
Population change rank compared to Georgia	119
Median Gross Rent 2015	709
Median Gross Rent 2009	624
Median Gross Rent % change	13.6
Median Gross Rent change rank compared to US	1,693
Median Gross Rent change rank compared to Georgia	77
Home Value 2015	123,100
Home Value 2009	120,500
Home Value % change	2.2
Home Value change rank compared to US	2,130
Home Value change rank compared to Georgia	67
Rental Yield 2015	6.9
Rental Yield 2009	6.2
Rental Yield % change	11.2
Rental Yield change rank compared to US	1,195
Rental Yield change rank compared to Georgia	90