Trend of Rental Yield in Olmsted 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: Olmsted County out performed than Minnesota by 2.1
• % Change Population: Olmsted County out performed than US by 1.6
• CAGR Population: Olmsted County out performed than state by 0.4
• CAGR Population: Olmsted County out performed than US by 0.3
• % Change Median Gross Rent: Olmsted County out performed than Minnesota by 3.1
• % Change Median Gross Rent: Olmsted County out performed than US by 3.2
• CAGR Median Gross Rent: Olmsted County out performed than state by 0.4
• CAGR Median Gross Rent: Olmsted County out performed than US by 0.5
• % Change Home Value: Olmsted County out performed than Minnesota by 10.5
• % Change Home Value: Olmsted County out performed than US by 4.1
• CAGR Home Value: Olmsted County out performed than state by 1.8
• CAGR Home Value: Olmsted County out performed than US by 0.7
• % Change Rental Yield: Olmsted County under performed than Minnesota by -10.0
• % Change Rental Yield: Olmsted County under performed than US by -1.6
• CAGR Rental Yield: Olmsted County under performed than state by -1.4
• CAGR Rental Yield: Olmsted County under performed than US by -0.2

County	Olmsted County
Population 2015	148,736
Population 2009	139,585
Population % change	6.6
Population change rank compared to US	667
Population change rank compared to Minnesota	11
Median Gross Rent 2015	827
Median Gross Rent 2009	708
Median Gross Rent % change	16.8
Median Gross Rent change rank compared to US	1,234
Median Gross Rent change rank compared to Minnesota	37
Home Value 2015	173,000
Home Value 2009	172,300
Home Value % change	0.4
Home Value change rank compared to US	2,270
Home Value change rank compared to Minnesota	51
Rental Yield 2015	5.7
Rental Yield 2009	4.9
Rental Yield % change	16.3
Rental Yield change rank compared to US	835
Rental Yield change rank compared to Minnesota	36