Trend of Rental Yield in Martin 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: Martin County under performed than Minnesota by -4.9
• % Change Population: Martin County under performed than US by -5.5
• CAGR Population: Martin County under performed than state by -0.8
• CAGR Population: Martin County under performed than US by -0.9
• % Change Median Gross Rent: Martin County out performed than Minnesota by 2.4
• % Change Median Gross Rent: Martin County out performed than US by 2.5
• CAGR Median Gross Rent: Martin County out performed than state by 0.3
• CAGR Median Gross Rent: Martin County out performed than US by 0.4
• % Change Home Value: Martin County out performed than Minnesota by 20.2
• % Change Home Value: Martin County out performed than US by 13.8
• CAGR Home Value: Martin County out performed than state by 3.3
• CAGR Home Value: Martin County out performed than US by 2.2
• % Change Rental Yield: Martin County under performed than Minnesota by -21.0
• % Change Rental Yield: Martin County under performed than US by -12.5
• CAGR Rental Yield: Martin County under performed than state by -3.1
• CAGR Rental Yield: Martin County under performed than US by -1.9

County	Martin County
Population 2015	20,350
Population 2009	20,448
Population % change	-0.5
Population change rank compared to US	2,254
Population change rank compared to Minnesota	63
Median Gross Rent 2015	613
Median Gross Rent 2009	528
Median Gross Rent % change	16.1
Median Gross Rent change rank compared to US	1,330
Median Gross Rent change rank compared to Minnesota	39
Home Value 2015	105,400
Home Value 2009	95,700
Home Value % change	10.1
Home Value change rank compared to US	1,315
Home Value change rank compared to Minnesota	23
Rental Yield 2015	7.0
Rental Yield 2009	6.6
Rental Yield % change	5.4
Rental Yield change rank compared to US	1,726
Rental Yield change rank compared to Minnesota	66