Trend of Rental Yield in Divide 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: Divide County out performed than North Dakota by 11.4
• % Change Population: Divide County out performed than US by 19.2
• CAGR Population: Divide County out performed than state by 1.7
• CAGR Population: Divide County out performed than US by 2.9
• % Change Median Gross Rent: Divide County out performed than North Dakota by 36.0
• % Change Median Gross Rent: Divide County out performed than US by 54.9
• CAGR Median Gross Rent: Divide County out performed than state by 4.3
• CAGR Median Gross Rent: Divide County out performed than US by 7.0
• % Change Home Value: Divide County out performed than North Dakota by 44.9
• % Change Home Value: Divide County out performed than US by 96.0
• CAGR Home Value: Divide County out performed than state by 4.8
• CAGR Home Value: Divide County out performed than US by 12.1
• % Change Rental Yield: Divide County under performed than North Dakota by -2.3
• % Change Rental Yield: Divide County under performed than US by -30.3
• CAGR Rental Yield: Divide County under performed than state by -0.4
• CAGR Rental Yield: Divide County under performed than US by -5.0

County	Divide County
Population 2015	2,314
Population 2009	1,863
Population % change	24.2
Population change rank compared to US	43
Population change rank compared to North Dakota	6
Median Gross Rent 2015	546
Median Gross Rent 2009	324
Median Gross Rent % change	68.5
Median Gross Rent change rank compared to US	28
Median Gross Rent change rank compared to North Dakota	8
Home Value 2015	100,400
Home Value 2009	52,200
Home Value % change	92.3
Home Value change rank compared to US	14
Home Value change rank compared to North Dakota	8
Rental Yield 2015	6.5
Rental Yield 2009	7.4
Rental Yield % change	-12.4
Rental Yield change rank compared to US	2,904
Rental Yield change rank compared to North Dakota	32