Trend of Rental Yield in Lincoln 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: Lincoln County out performed than South Dakota by 26.8
• % Change Population: Lincoln County out performed than US by 27.6
• CAGR Population: Lincoln County out performed than state by 3.8
• CAGR Population: Lincoln County out performed than US by 4.0
• % Change Median Gross Rent: Lincoln County out performed than South Dakota by 0.0
• % Change Median Gross Rent: Lincoln County out performed than US by 4.7
• CAGR Median Gross Rent: Lincoln County under performed than state by 0.0
• CAGR Median Gross Rent: Lincoln County out performed than US by 0.7
• % Change Home Value: Lincoln County out performed than South Dakota by 0.0
• % Change Home Value: Lincoln County out performed than US by 25.4
• CAGR Home Value: Lincoln County under performed than state by 0.0
• CAGR Home Value: Lincoln County out performed than US by 3.9
• % Change Rental Yield: Lincoln County out performed than South Dakota by 0.0
• % Change Rental Yield: Lincoln County under performed than US by -20.8
• CAGR Rental Yield: Lincoln County under performed than state by 0.0
• CAGR Rental Yield: Lincoln County under performed than US by -3.3

County	Lincoln County
Population 2015	49,874
Population 2009	37,607
Population % change	32.6
Population change rank compared to US	15
Population change rank compared to South Dakota	1
Median Gross Rent 2015	835
Median Gross Rent 2009	706
Median Gross Rent % change	18.3
Median Gross Rent change rank compared to US	1,066
Median Gross Rent change rank compared to South Dakota	42
Home Value 2015	193,600
Home Value 2009	159,000
Home Value % change	21.8
Home Value change rank compared to US	482
Home Value change rank compared to South Dakota	35
Rental Yield 2015	5.2
Rental Yield 2009	5.3
Rental Yield % change	-2.9
Rental Yield change rank compared to US	2,462
Rental Yield change rank compared to South Dakota	41