Trend of Rental Yield in Adams County, North Dakota

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: Adams County under performed than North Dakota by -10.6
• % Change Population: Adams County under performed than US by -2.8
• CAGR Population: Adams County under performed than state by -1.6
• CAGR Population: Adams County under performed than US by -0.4
• % Change Median Gross Rent: Adams County out performed than North Dakota by 4.9
• % Change Median Gross Rent: Adams County out performed than US by 23.8
• CAGR Median Gross Rent: Adams County out performed than state by 0.6
• CAGR Median Gross Rent: Adams County out performed than US by 3.3
• % Change Home Value: Adams County out performed than North Dakota by 28.2
• % Change Home Value: Adams County out performed than US by 79.3
• CAGR Home Value: Adams County out performed than state by 3.1
• CAGR Home Value: Adams County out performed than US by 10.4
• % Change Rental Yield: Adams County under performed than North Dakota by -11.6
• % Change Rental Yield: Adams County under performed than US by -39.7
• CAGR Rental Yield: Adams County under performed than state by -2.2
• CAGR Rental Yield: Adams County under performed than US by -6.8

County	Adams County
Population 2015	2,341
Population 2009	2,291
Population % change	2.2
Population change rank compared to US	1,532
Population change rank compared to North Dakota	31
Median Gross Rent 2015	481
Median Gross Rent 2009	350
Median Gross Rent % change	37.4
Median Gross Rent change rank compared to US	164
Median Gross Rent change rank compared to North Dakota	19
Home Value 2015	126,100
Home Value 2009	71,800
Home Value % change	75.6
Home Value change rank compared to US	21
Home Value change rank compared to North Dakota	11
Rental Yield 2015	4.6
Rental Yield 2009	5.8
Rental Yield % change	-21.7
Rental Yield change rank compared to US	3,049
Rental Yield change rank compared to North Dakota	44