Trend of Rental Yield in Wheeler 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: Wheeler County out performed than Georgia by 11.3
• % Change Population: Wheeler County out performed than US by 11.7
• CAGR Population: Wheeler County out performed than state by 1.7
• CAGR Population: Wheeler County out performed than US by 1.8
• % Change Median Gross Rent: Wheeler County out performed than Georgia by 8.3
• % Change Median Gross Rent: Wheeler County out performed than US by 6.4
• CAGR Median Gross Rent: Wheeler County out performed than state by 1.2
• CAGR Median Gross Rent: Wheeler County out performed than US by 1.0
• % Change Home Value: Wheeler County under performed than Georgia by -18.7
• % Change Home Value: Wheeler County under performed than US by -22.5
• CAGR Home Value: Wheeler County under performed than state by -3.6
• CAGR Home Value: Wheeler County under performed than US by -4.3
• % Change Rental Yield: Wheeler County out performed than Georgia by 41.7
• % Change Rental Yield: Wheeler County out performed than US by 44.5
• CAGR Rental Yield: Wheeler County out performed than state by 5.2
• CAGR Rental Yield: Wheeler County out performed than US by 5.6

County	Wheeler County
Population 2015	7,956
Population 2009	6,819
Population % change	16.7
Population change rank compared to US	128
Population change rank compared to Georgia	17
Median Gross Rent 2015	475
Median Gross Rent 2009	396
Median Gross Rent % change	19.9
Median Gross Rent change rank compared to US	877
Median Gross Rent change rank compared to Georgia	43
Home Value 2015	49,400
Home Value 2009	66,900
Home Value % change	-26.2
Home Value change rank compared to US	3,074
Home Value change rank compared to Georgia	157
Rental Yield 2015	11.5
Rental Yield 2009	7.1
Rental Yield % change	62.4
Rental Yield change rank compared to US	34
Rental Yield change rank compared to Georgia	2