Trend of Rental Yield in Walker 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: Walker County under performed than Alabama by -8.6
• % Change Population: Walker County under performed than US by -9.3
• CAGR Population: Walker County under performed than state by -1.4
• CAGR Population: Walker County under performed than US by -1.5
• % Change Median Gross Rent: Walker County under performed than Alabama by -5.1
• % Change Median Gross Rent: Walker County under performed than US by -3.2
• CAGR Median Gross Rent: Walker County under performed than state by -0.7
• CAGR Median Gross Rent: Walker County under performed than US by -0.4
• % Change Home Value: Walker County under performed than Alabama by -7.2
• % Change Home Value: Walker County out performed than US by 8.6
• CAGR Home Value: Walker County under performed than state by -1.1
• CAGR Home Value: Walker County out performed than US by 1.4
• % Change Rental Yield: Walker County out performed than Alabama by 2.3
• % Change Rental Yield: Walker County under performed than US by -12.7
• CAGR Rental Yield: Walker County out performed than state by 0.3
• CAGR Rental Yield: Walker County under performed than US by -2.0

County	Walker County
Population 2015	65,923
Population 2009	68,880
Population % change	-4.3
Population change rank compared to US	2,874
Population change rank compared to Alabama	58
Median Gross Rent 2015	584
Median Gross Rent 2009	529
Median Gross Rent % change	10.4
Median Gross Rent change rank compared to US	2,185
Median Gross Rent change rank compared to Alabama	52
Home Value 2015	82,800
Home Value 2009	78,900
Home Value % change	4.9
Home Value change rank compared to US	1,857
Home Value change rank compared to Alabama	53
Rental Yield 2015	8.5
Rental Yield 2009	8.0
Rental Yield % change	5.2
Rental Yield change rank compared to US	1,750
Rental Yield change rank compared to Alabama	26