Trend of Rental Yield in Kidder 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: Kidder County under performed than North Dakota by -7.1
• % Change Population: Kidder County out performed than US by 0.8
• CAGR Population: Kidder County under performed than state by -1.1
• CAGR Population: Kidder County out performed than US by 0.1
• % Change Median Gross Rent: Kidder County under performed than North Dakota by -4.4
• % Change Median Gross Rent: Kidder County out performed than US by 14.5
• CAGR Median Gross Rent: Kidder County under performed than state by -0.6
• CAGR Median Gross Rent: Kidder County out performed than US by 2.1
• % Change Home Value: Kidder County out performed than North Dakota by 2.3
• % Change Home Value: Kidder County out performed than US by 53.4
• CAGR Home Value: Kidder County out performed than state by 0.3
• CAGR Home Value: Kidder County out performed than US by 7.6
• % Change Rental Yield: Kidder County under performed than North Dakota by -4.3
• % Change Rental Yield: Kidder County under performed than US by -32.4
• CAGR Rental Yield: Kidder County under performed than state by -0.8
• CAGR Rental Yield: Kidder County under performed than US by -5.4

County	Kidder County
Population 2015	2,430
Population 2009	2,298
Population % change	5.7
Population change rank compared to US	794
Population change rank compared to North Dakota	23
Median Gross Rent 2015	465
Median Gross Rent 2009	363
Median Gross Rent % change	28.1
Median Gross Rent change rank compared to US	352
Median Gross Rent change rank compared to North Dakota	29
Home Value 2015	87,600
Home Value 2009	58,500
Home Value % change	49.7
Home Value change rank compared to US	68
Home Value change rank compared to North Dakota	25
Rental Yield 2015	6.4
Rental Yield 2009	7.4
Rental Yield % change	-14.5
Rental Yield change rank compared to US	2,955
Rental Yield change rank compared to North Dakota	34