Trend of Rental Yield in Faribault 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

CountyFaribault County
Population 201514,230
Population 200914,834
Population % change-4.1
Population change rank compared to US2,850
Population change rank compared to Minnesota83
Median Gross Rent 2015538
Median Gross Rent 2009467
Median Gross Rent % change15.2
Median Gross Rent change rank compared to US1,455
Median Gross Rent change rank compared to Minnesota42
Home Value 201585,600
Home Value 200986,700
Home Value % change-1.3
Home Value change rank compared to US2,369
Home Value change rank compared to Minnesota54
Rental Yield 20157.5
Rental Yield 20096.5
Rental Yield % change16.7
Rental Yield change rank compared to US811
Rental Yield change rank compared to Minnesota33