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Fall River County Housing Market

South Dakota · 66 counties · Ranked #1595 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$176,300

vs national$176,300 vs $281,900 national

Median Gross Rent

$866/mo

vs national$866 vs $1,163 national

Effective Tax Rate

1.06%

vs national+1.06% vs 1.02% national

Median Household Income

$61,056

vs national$61,056 vs $74,755 national

Affordability Ratio

2.9x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

38.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,876

Tax as % of Home Value

1.06%

Monthly Owner Cost

$849

Renter Income

$20,152

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Frequently Asked Questions

What is the median home value in Fall River County?

The median home value in Fall River County is $176,300. This is below the national median of $281,900.

How much is rent in Fall River County?

The median gross rent in Fall River County is $866 per month.

What is the property tax rate in Fall River County?

The effective property tax rate in Fall River County is 1.06%. The median annual property tax bill is $1,876.

Is Fall River County affordable?

With a home-value-to-income ratio of 2.9x, Fall River County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.