Trend of Rental Yield in Norman 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

CountyNorman County
Population 20156,692
Population 20096,629
Population % change1.0
Population change rank compared to US1,833
Population change rank compared to Minnesota44
Median Gross Rent 2015527
Median Gross Rent 2009413
Median Gross Rent % change27.6
Median Gross Rent change rank compared to US371
Median Gross Rent change rank compared to Minnesota5
Home Value 201583,200
Home Value 200974,600
Home Value % change11.5
Home Value change rank compared to US1,175
Home Value change rank compared to Minnesota21
Rental Yield 20157.6
Rental Yield 20096.6
Rental Yield % change14.4
Rental Yield change rank compared to US968
Rental Yield change rank compared to Minnesota42