Trend of Rental Yield in Stanley 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: Stanley County out performed than South Dakota by 0.9
• % Change Population: Stanley County out performed than US by 1.7
• CAGR Population: Stanley County out performed than state by 0.1
• CAGR Population: Stanley County out performed than US by 0.3
• % Change Median Gross Rent: Stanley County under performed than South Dakota by -35.9
• % Change Median Gross Rent: Stanley County under performed than US by -31.3
• CAGR Median Gross Rent: Stanley County under performed than state by -6.0
• CAGR Median Gross Rent: Stanley County under performed than US by -5.3
• % Change Home Value: Stanley County under performed than South Dakota by -6.5
• % Change Home Value: Stanley County out performed than US by 18.9
• CAGR Home Value: Stanley County under performed than state by -0.9
• CAGR Home Value: Stanley County out performed than US by 3.0
• % Change Rental Yield: Stanley County under performed than South Dakota by -25.7
• % Change Rental Yield: Stanley County under performed than US by -46.5
• CAGR Rental Yield: Stanley County under performed than state by -4.9
• CAGR Rental Yield: Stanley County under performed than US by -8.2

County	Stanley County
Population 2015	2,962
Population 2009	2,775
Population % change	6.7
Population change rank compared to US	643
Population change rank compared to South Dakota	16
Median Gross Rent 2015	671
Median Gross Rent 2009	815
Median Gross Rent % change	-17.7
Median Gross Rent change rank compared to US	3,125
Median Gross Rent change rank compared to South Dakota	65
Home Value 2015	124,100
Home Value 2009	107,700
Home Value % change	15.2
Home Value change rank compared to US	869
Home Value change rank compared to South Dakota	46
Rental Yield 2015	6.5
Rental Yield 2009	9.1
Rental Yield % change	-28.5
Rental Yield change rank compared to US	3,101
Rental Yield change rank compared to South Dakota	64