Trend of Rental Yield in Bowman 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

CountyBowman County
Population 20153,221
Population 20092,944
Population % change9.4
Population change rank compared to US416
Population change rank compared to North Dakota16
Median Gross Rent 2015582
Median Gross Rent 2009438
Median Gross Rent % change32.9
Median Gross Rent change rank compared to US237
Median Gross Rent change rank compared to North Dakota25
Home Value 2015135,000
Home Value 200983,500
Home Value % change61.7
Home Value change rank compared to US42
Home Value change rank compared to North Dakota17
Rental Yield 20155.2
Rental Yield 20096.3
Rental Yield % change-17.8
Rental Yield change rank compared to US3,003
Rental Yield change rank compared to North Dakota38