Trend of Rental Yield in Brule County, South 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: Brule County under performed than South Dakota by -2.7
• % Change Population: Brule County under performed than US by -1.9
• CAGR Population: Brule County under performed than state by -0.5
• CAGR Population: Brule County under performed than US by -0.3
• % Change Median Gross Rent: Brule County out performed than South Dakota by 13.1
• % Change Median Gross Rent: Brule County out performed than US by 17.8
• CAGR Median Gross Rent: Brule County out performed than state by 1.9
• CAGR Median Gross Rent: Brule County out performed than US by 2.6
• % Change Home Value: Brule County under performed than South Dakota by -1.1
• % Change Home Value: Brule County out performed than US by 24.3
• CAGR Home Value: Brule County under performed than state by -0.1
• CAGR Home Value: Brule County out performed than US by 3.8
• % Change Rental Yield: Brule County out performed than South Dakota by 11.8
• % Change Rental Yield: Brule County under performed than US by -9.0
• CAGR Rental Yield: Brule County out performed than state by 1.9
• CAGR Rental Yield: Brule County under performed than US by -1.4

County	Brule County
Population 2015	5,330
Population 2009	5,169
Population % change	3.1
Population change rank compared to US	1,299
Population change rank compared to South Dakota	33
Median Gross Rent 2015	582
Median Gross Rent 2009	443
Median Gross Rent % change	31.4
Median Gross Rent change rank compared to US	270
Median Gross Rent change rank compared to South Dakota	12
Home Value 2015	102,900
Home Value 2009	85,300
Home Value % change	20.6
Home Value change rank compared to US	536
Home Value change rank compared to South Dakota	37
Rental Yield 2015	6.8
Rental Yield 2009	6.2
Rental Yield % change	8.9
Rental Yield change rank compared to US	1,403
Rental Yield change rank compared to South Dakota	18