Trend of Rental Yield in Nelson 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

CountyNelson County
Population 20153,048
Population 20093,234
Population % change-5.8
Population change rank compared to US2,967
Population change rank compared to North Dakota52
Median Gross Rent 2015467
Median Gross Rent 2009369
Median Gross Rent % change26.6
Median Gross Rent change rank compared to US422
Median Gross Rent change rank compared to North Dakota31
Home Value 201573,200
Home Value 200950,300
Home Value % change45.5
Home Value change rank compared to US83
Home Value change rank compared to North Dakota28
Rental Yield 20157.7
Rental Yield 20098.8
Rental Yield % change-13.0
Rental Yield change rank compared to US2,922
Rental Yield change rank compared to North Dakota33