Trend of Rental Yield in Harding 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: Harding County out performed than South Dakota by 4.3
• % Change Population: Harding County out performed than US by 5.2
• CAGR Population: Harding County out performed than state by 0.6
• CAGR Population: Harding County out performed than US by 0.8
• % Change Median Gross Rent: Harding County out performed than South Dakota by 49.5
• % Change Median Gross Rent: Harding County out performed than US by 54.1
• CAGR Median Gross Rent: Harding County out performed than state by 6.2
• CAGR Median Gross Rent: Harding County out performed than US by 6.9
• % Change Home Value: Harding County out performed than South Dakota by 15.4
• % Change Home Value: Harding County out performed than US by 40.8
• CAGR Home Value: Harding County out performed than state by 2.1
• CAGR Home Value: Harding County out performed than US by 6.0
• % Change Rental Yield: Harding County out performed than South Dakota by 25.2
• % Change Rental Yield: Harding County out performed than US by 4.4
• CAGR Rental Yield: Harding County out performed than state by 3.9
• CAGR Rental Yield: Harding County out performed than US by 0.6

County	Harding County
Population 2015	1,328
Population 2009	1,205
Population % change	10.2
Population change rank compared to US	361
Population change rank compared to South Dakota	6
Median Gross Rent 2015	483
Median Gross Rent 2009	288
Median Gross Rent % change	67.7
Median Gross Rent change rank compared to US	30
Median Gross Rent change rank compared to South Dakota	2
Home Value 2015	87,200
Home Value 2009	63,600
Home Value % change	37.1
Home Value change rank compared to US	144
Home Value change rank compared to South Dakota	8
Rental Yield 2015	6.6
Rental Yield 2009	5.4
Rental Yield % change	22.3
Rental Yield change rank compared to US	570
Rental Yield change rank compared to South Dakota	12