Trend of Rental Yield in Russell County, Alabama

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

CountyRussell County
Population 201558,302
Population 200950,029
Population % change16.5
Population change rank compared to US133
Population change rank compared to Alabama2
Median Gross Rent 2015732
Median Gross Rent 2009596
Median Gross Rent % change22.8
Median Gross Rent change rank compared to US644
Median Gross Rent change rank compared to Alabama9
Home Value 2015111,000
Home Value 200991,300
Home Value % change21.6
Home Value change rank compared to US486
Home Value change rank compared to Alabama10
Rental Yield 20157.9
Rental Yield 20097.8
Rental Yield % change1.0
Rental Yield change rank compared to US2,158
Rental Yield change rank compared to Alabama42