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Lyman County Housing Market

South Dakota · 66 counties · Ranked #1264 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$156,500

vs national$156,500 vs $281,900 national

Median Gross Rent

$603/mo

vs national$603 vs $1,163 national

Effective Tax Rate

1.01%

vs national1.01% vs 1.02% national

Median Household Income

$61,169

vs national$61,169 vs $74,755 national

Affordability Ratio

2.6x

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

Rent Burden

17.0%

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

More Housing Data

Property Tax (Median)

$1,581

Tax as % of Home Value

1.01%

Monthly Owner Cost

$633

Renter Income

$33,355

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Frequently Asked Questions

What is the median home value in Lyman County?

The median home value in Lyman County is $156,500. This is below the national median of $281,900.

How much is rent in Lyman County?

The median gross rent in Lyman County is $603 per month.

What is the property tax rate in Lyman County?

The effective property tax rate in Lyman County is 1.01%. The median annual property tax bill is $1,581.

Is Lyman County affordable?

With a home-value-to-income ratio of 2.6x, Lyman 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.