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Faulk County Housing Market

South Dakota · 66 counties · Ranked #713 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$124,100

vs national$124,100 vs $281,900 national

Median Gross Rent

$692/mo

vs national$692 vs $1,163 national

Effective Tax Rate

0.76%

vs national0.76% vs 1.02% national

Median Household Income

$58,000

vs national$58,000 vs $74,755 national

Affordability Ratio

2.1x

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

Rent Burden

17.0%

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

More Housing Data

Property Tax (Median)

$946

Tax as % of Home Value

0.76%

Monthly Owner Cost

$695

Renter Income

$31,691

Frequently Asked Questions

What is the median home value in Faulk County?
The median home value in Faulk County is $124,100. This is below the national median of $281,900.
How much is rent in Faulk County?
The median gross rent in Faulk County is $692 per month.
What is the property tax rate in Faulk County?
The effective property tax rate in Faulk County is 0.76%. The median annual property tax bill is $946.
Is Faulk County affordable?
With a home-value-to-income ratio of 2.1x, Faulk 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.