Trend of Rental Yield in Hamlin 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: Hamlin County out performed than South Dakota by 0.6
• % Change Population: Hamlin County out performed than US by 1.4
• CAGR Population: Hamlin County under performed than state by 0.0
• CAGR Population: Hamlin County out performed than US by 0.2
• % Change Median Gross Rent: Hamlin County out performed than South Dakota by 10.0
• % Change Median Gross Rent: Hamlin County out performed than US by 14.7
• CAGR Median Gross Rent: Hamlin County out performed than state by 1.4
• CAGR Median Gross Rent: Hamlin County out performed than US by 2.1
• % Change Home Value: Hamlin County out performed than South Dakota by 19.6
• % Change Home Value: Hamlin County out performed than US by 45.0
• CAGR Home Value: Hamlin County out performed than state by 2.6
• CAGR Home Value: Hamlin County out performed than US by 6.5
• % Change Rental Yield: Hamlin County under performed than South Dakota by -6.4
• % Change Rental Yield: Hamlin County under performed than US by -27.2
• CAGR Rental Yield: Hamlin County under performed than state by -1.1
• CAGR Rental Yield: Hamlin County under performed than US by -4.4

County	Hamlin County
Population 2015	5,982
Population 2009	5,620
Population % change	6.4
Population change rank compared to US	684
Population change rank compared to South Dakota	18
Median Gross Rent 2015	608
Median Gross Rent 2009	474
Median Gross Rent % change	28.3
Median Gross Rent change rank compared to US	349
Median Gross Rent change rank compared to South Dakota	17
Home Value 2015	112,100
Home Value 2009	79,300
Home Value % change	41.4
Home Value change rank compared to US	105
Home Value change rank compared to South Dakota	4
Rental Yield 2015	6.5
Rental Yield 2009	7.2
Rental Yield % change	-9.3
Rental Yield change rank compared to US	2,795
Rental Yield change rank compared to South Dakota	48