Trend of Rental Yield in Jerauld 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: Jerauld County under performed than South Dakota by -4.0
• % Change Population: Jerauld County under performed than US by -3.1
• CAGR Population: Jerauld County under performed than state by -0.7
• CAGR Population: Jerauld County under performed than US by -0.5
• % Change Median Gross Rent: Jerauld County out performed than South Dakota by 13.0
• % Change Median Gross Rent: Jerauld County out performed than US by 17.6
• CAGR Median Gross Rent: Jerauld County out performed than state by 1.8
• CAGR Median Gross Rent: Jerauld County out performed than US by 2.5
• % Change Home Value: Jerauld County out performed than South Dakota by 9.2
• % Change Home Value: Jerauld County out performed than US by 34.6
• CAGR Home Value: Jerauld County out performed than state by 1.3
• CAGR Home Value: Jerauld County out performed than US by 5.2
• % Change Rental Yield: Jerauld County out performed than South Dakota by 3.1
• % Change Rental Yield: Jerauld County under performed than US by -17.7
• CAGR Rental Yield: Jerauld County out performed than state by 0.5
• CAGR Rental Yield: Jerauld County under performed than US by -2.8

County	Jerauld County
Population 2015	2,031
Population 2009	1,994
Population % change	1.9
Population change rank compared to US	1,611
Population change rank compared to South Dakota	38
Median Gross Rent 2015	555
Median Gross Rent 2009	423
Median Gross Rent % change	31.2
Median Gross Rent change rank compared to US	272
Median Gross Rent change rank compared to South Dakota	13
Home Value 2015	81,600
Home Value 2009	62,300
Home Value % change	31.0
Home Value change rank compared to US	199
Home Value change rank compared to South Dakota	14
Rental Yield 2015	8.2
Rental Yield 2009	8.1
Rental Yield % change	0.2
Rental Yield change rank compared to US	2,237
Rental Yield change rank compared to South Dakota	29