Trend of Rental Yield in McLeod 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: McLeod County under performed than Minnesota by -6.7
• % Change Population: McLeod County under performed than US by -7.3
• CAGR Population: McLeod County under performed than state by -1.1
• CAGR Population: McLeod County under performed than US by -1.2
• % Change Median Gross Rent: McLeod County out performed than Minnesota by 0.3
• % Change Median Gross Rent: McLeod County out performed than US by 0.4
• CAGR Median Gross Rent: McLeod County under performed than state by 0.0
• CAGR Median Gross Rent: McLeod County out performed than US by 0.1
• % Change Home Value: McLeod County under performed than Minnesota by -2.3
• % Change Home Value: McLeod County under performed than US by -8.6
• CAGR Home Value: McLeod County under performed than state by -0.5
• CAGR Home Value: McLeod County under performed than US by -1.6
• % Change Rental Yield: McLeod County out performed than Minnesota by 3.6
• % Change Rental Yield: McLeod County out performed than US by 12.0
• CAGR Rental Yield: McLeod County out performed than state by 0.5
• CAGR Rental Yield: McLeod County out performed than US by 1.7

County	McLeod County
Population 2015	36,046
Population 2009	36,879
Population % change	-2.3
Population change rank compared to US	2,627
Population change rank compared to Minnesota	73
Median Gross Rent 2015	710
Median Gross Rent 2009	623
Median Gross Rent % change	14.0
Median Gross Rent change rank compared to US	1,646
Median Gross Rent change rank compared to Minnesota	48
Home Value 2015	148,300
Home Value 2009	169,100
Home Value % change	-12.3
Home Value change rank compared to US	2,868
Home Value change rank compared to Minnesota	78
Rental Yield 2015	5.7
Rental Yield 2009	4.4
Rental Yield % change	29.9
Rental Yield change rank compared to US	342
Rental Yield change rank compared to Minnesota	14