Trend of Rental Yield in Perkins 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: Perkins County under performed than South Dakota by -2.2
• % Change Population: Perkins County under performed than US by -1.4
• CAGR Population: Perkins County under performed than state by -0.4
• CAGR Population: Perkins County under performed than US by -0.2
• % Change Median Gross Rent: Perkins County out performed than South Dakota by 7.6
• % Change Median Gross Rent: Perkins County out performed than US by 12.3
• CAGR Median Gross Rent: Perkins County out performed than state by 1.1
• CAGR Median Gross Rent: Perkins County out performed than US by 1.8
• % Change Home Value: Perkins County out performed than South Dakota by 6.4
• % Change Home Value: Perkins County out performed than US by 31.8
• CAGR Home Value: Perkins County out performed than state by 0.9
• CAGR Home Value: Perkins County out performed than US by 4.8
• % Change Rental Yield: Perkins County out performed than South Dakota by 1.1
• % Change Rental Yield: Perkins County under performed than US by -19.7
• CAGR Rental Yield: Perkins County out performed than state by 0.2
• CAGR Rental Yield: Perkins County under performed than US by -3.1

County	Perkins County
Population 2015	2,981
Population 2009	2,877
Population % change	3.6
Population change rank compared to US	1,184
Population change rank compared to South Dakota	29
Median Gross Rent 2015	487
Median Gross Rent 2009	387
Median Gross Rent % change	25.8
Median Gross Rent change rank compared to US	456
Median Gross Rent change rank compared to South Dakota	23
Home Value 2015	65,100
Home Value 2009	50,800
Home Value % change	28.1
Home Value change rank compared to US	268
Home Value change rank compared to South Dakota	22
Rental Yield 2015	9.0
Rental Yield 2009	9.1
Rental Yield % change	-1.8
Rental Yield change rank compared to US	2,390
Rental Yield change rank compared to South Dakota	39