Trend of Rental Yield in Corson 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: Corson County under performed than South Dakota by -5.8
• % Change Population: Corson County under performed than US by -4.9
• CAGR Population: Corson County under performed than state by -1.0
• CAGR Population: Corson County under performed than US by -0.8
• % Change Median Gross Rent: Corson County under performed than South Dakota by -9.7
• % Change Median Gross Rent: Corson County under performed than US by -5.1
• CAGR Median Gross Rent: Corson County under performed than state by -1.4
• CAGR Median Gross Rent: Corson County under performed than US by -0.7
• % Change Home Value: Corson County under performed than South Dakota by -1.1
• % Change Home Value: Corson County out performed than US by 24.3
• CAGR Home Value: Corson County under performed than state by -0.1
• CAGR Home Value: Corson County out performed than US by 3.8
• % Change Rental Yield: Corson County under performed than South Dakota by -7.2
• % Change Rental Yield: Corson County under performed than US by -28.0
• CAGR Rental Yield: Corson County under performed than state by -1.2
• CAGR Rental Yield: Corson County under performed than US by -4.5

County	Corson County
Population 2015	4,149
Population 2009	4,146
Population % change	0.1
Population change rank compared to US	2,092
Population change rank compared to South Dakota	43
Median Gross Rent 2015	408
Median Gross Rent 2009	376
Median Gross Rent % change	8.5
Median Gross Rent change rank compared to US	2,432
Median Gross Rent change rank compared to South Dakota	53
Home Value 2015	53,800
Home Value 2009	44,600
Home Value % change	20.6
Home Value change rank compared to US	537
Home Value change rank compared to South Dakota	38
Rental Yield 2015	9.1
Rental Yield 2009	10.1
Rental Yield % change	-10.0
Rental Yield change rank compared to US	2,822
Rental Yield change rank compared to South Dakota	51