Trend of Rental Yield in Grant 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: Grant County under performed than South Dakota by -5.0
• % Change Population: Grant County under performed than US by -4.1
• CAGR Population: Grant County under performed than state by -0.9
• CAGR Population: Grant County under performed than US by -0.7
• % Change Median Gross Rent: Grant County under performed than South Dakota by -17.5
• % Change Median Gross Rent: Grant County under performed than US by -12.8
• CAGR Median Gross Rent: Grant County under performed than state by -2.7
• CAGR Median Gross Rent: Grant County under performed than US by -2.0
• % Change Home Value: Grant County under performed than South Dakota by -9.8
• % Change Home Value: Grant County out performed than US by 15.6
• CAGR Home Value: Grant County under performed than state by -1.4
• CAGR Home Value: Grant County out performed than US by 2.5
• % Change Rental Yield: Grant County under performed than South Dakota by -7.1
• % Change Rental Yield: Grant County under performed than US by -27.9
• CAGR Rental Yield: Grant County under performed than state by -1.2
• CAGR Rental Yield: Grant County under performed than US by -4.5

County	Grant County
Population 2015	7,227
Population 2009	7,165
Population % change	0.9
Population change rank compared to US	1,860
Population change rank compared to South Dakota	42
Median Gross Rent 2015	529
Median Gross Rent 2009	525
Median Gross Rent % change	0.8
Median Gross Rent change rank compared to US	2,945
Median Gross Rent change rank compared to South Dakota	60
Home Value 2015	107,900
Home Value 2009	96,400
Home Value % change	11.9
Home Value change rank compared to US	1,124
Home Value change rank compared to South Dakota	48
Rental Yield 2015	5.9
Rental Yield 2009	6.5
Rental Yield % change	-10.0
Rental Yield change rank compared to US	2,818
Rental Yield change rank compared to South Dakota	50