Trend of Rental Yield in Brown 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: Brown County out performed than South Dakota by 2.8
• % Change Population: Brown County out performed than US by 3.7
• CAGR Population: Brown County out performed than state by 0.4
• CAGR Population: Brown County out performed than US by 0.6
• % Change Median Gross Rent: Brown County out performed than South Dakota by 16.1
• % Change Median Gross Rent: Brown County out performed than US by 20.8
• CAGR Median Gross Rent: Brown County out performed than state by 2.2
• CAGR Median Gross Rent: Brown County out performed than US by 2.9
• % Change Home Value: Brown County out performed than South Dakota by 11.6
• % Change Home Value: Brown County out performed than US by 37.0
• CAGR Home Value: Brown County out performed than state by 1.6
• CAGR Home Value: Brown County out performed than US by 5.5
• % Change Rental Yield: Brown County out performed than South Dakota by 3.6
• % Change Rental Yield: Brown County under performed than US by -17.2
• CAGR Rental Yield: Brown County out performed than state by 0.6
• CAGR Rental Yield: Brown County under performed than US by -2.7

County	Brown County
Population 2015	38,060
Population 2009	35,016
Population % change	8.7
Population change rank compared to US	471
Population change rank compared to South Dakota	12
Median Gross Rent 2015	610
Median Gross Rent 2009	454
Median Gross Rent % change	34.4
Median Gross Rent change rank compared to US	210
Median Gross Rent change rank compared to South Dakota	8
Home Value 2015	143,100
Home Value 2009	107,300
Home Value % change	33.4
Home Value change rank compared to US	169
Home Value change rank compared to South Dakota	12
Rental Yield 2015	5.1
Rental Yield 2009	5.1
Rental Yield % change	0.7
Rental Yield change rank compared to US	2,188
Rental Yield change rank compared to South Dakota	28