Home/South Dakota/McPherson County

McPherson County Housing Market

South Dakota · 66 counties · Ranked #60 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$78,400

vs national$78,400 vs $281,900 national

Median Gross Rent

$580/mo

vs national$580 vs $1,163 national

Effective Tax Rate

1.55%

vs national+1.55% vs 1.02% national

Median Household Income

$62,024

vs national$62,024 vs $74,755 national

Affordability Ratio

1.3x

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

Rent Burden

23.0%

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

More Housing Data

Property Tax (Median)

$1,218

Tax as % of Home Value

1.55%

Monthly Owner Cost

$537

Renter Income

$46,500

Frequently Asked Questions

What is the median home value in McPherson County?
The median home value in McPherson County is $78,400. This is below the national median of $281,900.
How much is rent in McPherson County?
The median gross rent in McPherson County is $580 per month.
What is the property tax rate in McPherson County?
The effective property tax rate in McPherson County is 1.55%. The median annual property tax bill is $1,218.
Is McPherson County affordable?
With a home-value-to-income ratio of 1.3x, McPherson 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.