Trend of Rental Yield in Traverse 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

CountyTraverse County
Population 20153,429
Population 20093,684
Population % change-6.9
Population change rank compared to US3,016
Population change rank compared to Minnesota86
Median Gross Rent 2015530
Median Gross Rent 2009387
Median Gross Rent % change37.0
Median Gross Rent change rank compared to US172
Median Gross Rent change rank compared to Minnesota3
Home Value 201570,900
Home Value 200967,900
Home Value % change4.4
Home Value change rank compared to US1,905
Home Value change rank compared to Minnesota38
Rental Yield 20159.0
Rental Yield 20096.8
Rental Yield % change31.2
Rental Yield change rank compared to US315
Rental Yield change rank compared to Minnesota11