Trend of Rental Yield in Dewey 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: Dewey County under performed than South Dakota by -13.0
• % Change Population: Dewey County under performed than US by -12.1
• CAGR Population: Dewey County under performed than state by -2.2
• CAGR Population: Dewey County under performed than US by -2.0
• % Change Median Gross Rent: Dewey County out performed than South Dakota by 1.6
• % Change Median Gross Rent: Dewey County out performed than US by 6.3
• CAGR Median Gross Rent: Dewey County out performed than state by 0.3
• CAGR Median Gross Rent: Dewey County out performed than US by 1.0
• % Change Home Value: Dewey County under performed than South Dakota by -33.2
• % Change Home Value: Dewey County under performed than US by -7.8
• CAGR Home Value: Dewey County under performed than state by -5.3
• CAGR Home Value: Dewey County under performed than US by -1.4
• % Change Rental Yield: Dewey County out performed than South Dakota by 38.3
• % Change Rental Yield: Dewey County out performed than US by 17.5
• CAGR Rental Yield: Dewey County out performed than state by 5.7
• CAGR Rental Yield: Dewey County out performed than US by 2.4

County	Dewey County
Population 2015	5,579
Population 2009	6,007
Population % change	-7.1
Population change rank compared to US	3,022
Population change rank compared to South Dakota	63
Median Gross Rent 2015	495
Median Gross Rent 2009	413
Median Gross Rent % change	19.9
Median Gross Rent change rank compared to US	889
Median Gross Rent change rank compared to South Dakota	35
Home Value 2015	60,100
Home Value 2009	67,900
Home Value % change	-11.5
Home Value change rank compared to US	2,843
Home Value change rank compared to South Dakota	64
Rental Yield 2015	9.9
Rental Yield 2009	7.3
Rental Yield % change	35.4
Rental Yield change rank compared to US	230
Rental Yield change rank compared to South Dakota	3