Trend of Rental Yield in Clark 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: Clark County under performed than South Dakota by -3.1
• % Change Population: Clark County under performed than US by -2.2
• CAGR Population: Clark County under performed than state by -0.5
• CAGR Population: Clark County under performed than US by -0.3
• % Change Median Gross Rent: Clark County out performed than South Dakota by 15.3
• % Change Median Gross Rent: Clark County out performed than US by 19.9
• CAGR Median Gross Rent: Clark County out performed than state by 2.1
• CAGR Median Gross Rent: Clark County out performed than US by 2.8
• % Change Home Value: Clark County out performed than South Dakota by 7.7
• % Change Home Value: Clark County out performed than US by 33.1
• CAGR Home Value: Clark County out performed than state by 1.1
• CAGR Home Value: Clark County out performed than US by 5.0
• % Change Rental Yield: Clark County out performed than South Dakota by 6.0
• % Change Rental Yield: Clark County under performed than US by -14.8
• CAGR Rental Yield: Clark County out performed than state by 1.0
• CAGR Rental Yield: Clark County under performed than US by -2.3

County	Clark County
Population 2015	3,625
Population 2009	3,526
Population % change	2.8
Population change rank compared to US	1,372
Population change rank compared to South Dakota	34
Median Gross Rent 2015	518
Median Gross Rent 2009	388
Median Gross Rent % change	33.5
Median Gross Rent change rank compared to US	225
Median Gross Rent change rank compared to South Dakota	10
Home Value 2015	76,100
Home Value 2009	58,800
Home Value % change	29.4
Home Value change rank compared to US	244
Home Value change rank compared to South Dakota	19
Rental Yield 2015	8.2
Rental Yield 2009	7.9
Rental Yield % change	3.2
Rental Yield change rank compared to US	1,974
Rental Yield change rank compared to South Dakota	25