Trend of Rental Yield in Sumter 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

• % Change Population: Sumter County under performed than Alabama by -3.7
• % Change Population: Sumter County under performed than US by -4.4
• CAGR Population: Sumter County under performed than state by -0.6
• CAGR Population: Sumter County under performed than US by -0.7
• % Change Median Gross Rent: Sumter County out performed than Alabama by 1.1
• % Change Median Gross Rent: Sumter County out performed than US by 3.0
• CAGR Median Gross Rent: Sumter County out performed than state by 0.2
• CAGR Median Gross Rent: Sumter County out performed than US by 0.5
• % Change Home Value: Sumter County out performed than Alabama by 20.6
• % Change Home Value: Sumter County out performed than US by 36.5
• CAGR Home Value: Sumter County out performed than state by 2.9
• CAGR Home Value: Sumter County out performed than US by 5.4
• % Change Rental Yield: Sumter County under performed than Alabama by -15.1
• % Change Rental Yield: Sumter County under performed than US by -30.1
• CAGR Rental Yield: Sumter County under performed than state by -2.6
• CAGR Rental Yield: Sumter County under performed than US by -4.9

County	Sumter County
Population 2015	13,341
Population 2009	13,267
Population % change	0.6
Population change rank compared to US	1,956
Population change rank compared to Alabama	41
Median Gross Rent 2015	555
Median Gross Rent 2009	476
Median Gross Rent % change	16.6
Median Gross Rent change rank compared to US	1,263
Median Gross Rent change rank compared to Alabama	28
Home Value 2015	72,900
Home Value 2009	54,900
Home Value % change	32.8
Home Value change rank compared to US	176
Home Value change rank compared to Alabama	2
Rental Yield 2015	9.1
Rental Yield 2009	10.4
Rental Yield % change	-12.2
Rental Yield change rank compared to US	2,899
Rental Yield change rank compared to Alabama	64