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Lincoln County Housing Market

South Dakota · 66 counties · Ranked #2730 in home value

Above National Avg

Housing at a Glance

Median Home Value

$323,500

vs national+$323,500 vs $281,900 national

Median Gross Rent

$1,237/mo

vs national+$1,237 vs $1,163 national

Effective Tax Rate

1.18%

vs national+1.18% vs 1.02% national

Median Household Income

$96,552

vs national+$96,552 vs $74,755 national

Affordability Ratio

3.4x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$3,822

Tax as % of Home Value

1.18%

Monthly Owner Cost

$1,555

Renter Income

$59,555

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Lincoln County?

The median home value in Lincoln County is $323,500. This is above the national median of $281,900.

How much is rent in Lincoln County?

The median gross rent in Lincoln County is $1,237 per month.

What is the property tax rate in Lincoln County?

The effective property tax rate in Lincoln County is 1.18%. The median annual property tax bill is $3,822.

Is Lincoln County affordable?

With a home-value-to-income ratio of 3.4x, Lincoln County is moderately 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.