Trend of Rental Yield in Ramsey 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: Ramsey County out performed than Minnesota by 0.9
• % Change Population: Ramsey County out performed than US by 0.4
• CAGR Population: Ramsey County out performed than state by 0.2
• CAGR Population: Ramsey County out performed than US by 0.1
• % Change Median Gross Rent: Ramsey County under performed than Minnesota by -3.3
• % Change Median Gross Rent: Ramsey County under performed than US by -3.3
• CAGR Median Gross Rent: Ramsey County under performed than state by -0.5
• CAGR Median Gross Rent: Ramsey County under performed than US by -0.4
• % Change Home Value: Ramsey County under performed than Minnesota by -3.2
• % Change Home Value: Ramsey County under performed than US by -9.5
• CAGR Home Value: Ramsey County under performed than state by -0.6
• CAGR Home Value: Ramsey County under performed than US by -1.7
• % Change Rental Yield: Ramsey County out performed than Minnesota by 0.8
• % Change Rental Yield: Ramsey County out performed than US by 9.2
• CAGR Rental Yield: Ramsey County out performed than state by 0.1
• CAGR Rental Yield: Ramsey County out performed than US by 1.3

County	Ramsey County
Population 2015	527,411
Population 2009	500,436
Population % change	5.4
Population change rank compared to US	855
Population change rank compared to Minnesota	15
Median Gross Rent 2015	865
Median Gross Rent 2009	784
Median Gross Rent % change	10.3
Median Gross Rent change rank compared to US	2,197
Median Gross Rent change rank compared to Minnesota	62
Home Value 2015	193,700
Home Value 2009	223,200
Home Value % change	-13.2
Home Value change rank compared to US	2,886
Home Value change rank compared to Minnesota	79
Rental Yield 2015	5.4
Rental Yield 2009	4.2
Rental Yield % change	27.1
Rental Yield change rank compared to US	406
Rental Yield change rank compared to Minnesota	15