Trend of Rental Yield in Burke 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

CountyBurke County
Population 20152,208
Population 20092,027
Population % change8.9
Population change rank compared to US448
Population change rank compared to North Dakota17
Median Gross Rent 2015650
Median Gross Rent 2009367
Median Gross Rent % change77.1
Median Gross Rent change rank compared to US18
Median Gross Rent change rank compared to North Dakota6
Home Value 2015110,100
Home Value 200938,600
Home Value % change185.2
Home Value change rank compared to US1
Home Value change rank compared to North Dakota1
Rental Yield 20157.1
Rental Yield 200911.4
Rental Yield % change-37.9
Rental Yield change rank compared to US3,124
Rental Yield change rank compared to North Dakota51