Trend of Rental Yield in Carver County, Minnesota

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: Carver County out performed than Minnesota by 4.1
• % Change Population: Carver County out performed than US by 3.5
• CAGR Population: Carver County out performed than state by 0.7
• CAGR Population: Carver County out performed than US by 0.6
• % Change Median Gross Rent: Carver County under performed than Minnesota by -2.7
• % Change Median Gross Rent: Carver County under performed than US by -2.6
• CAGR Median Gross Rent: Carver County under performed than state by -0.4
• CAGR Median Gross Rent: Carver County under performed than US by -0.3
• % Change Home Value: Carver County out performed than Minnesota by 3.9
• % Change Home Value: Carver County under performed than US by -2.5
• CAGR Home Value: Carver County out performed than state by 0.6
• CAGR Home Value: Carver County under performed than US by -0.5
• % Change Rental Yield: Carver County under performed than Minnesota by -8.1
• % Change Rental Yield: Carver County out performed than US by 0.4
• CAGR Rental Yield: Carver County under performed than state by -1.2
• CAGR Rental Yield: Carver County under performed than US by 0.0

County	Carver County
Population 2015	95,715
Population 2009	88,208
Population % change	8.5
Population change rank compared to US	487
Population change rank compared to Minnesota	8
Median Gross Rent 2015	950
Median Gross Rent 2009	856
Median Gross Rent % change	11.0
Median Gross Rent change rank compared to US	2,103
Median Gross Rent change rank compared to Minnesota	59
Home Value 2015	267,000
Home Value 2009	284,600
Home Value % change	-6.2
Home Value change rank compared to US	2,664
Home Value change rank compared to Minnesota	68
Rental Yield 2015	4.3
Rental Yield 2009	3.6
Rental Yield % change	18.3
Rental Yield change rank compared to US	726
Rental Yield change rank compared to Minnesota	29