Cost of Living in Charles Mix County, South Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Charles Mix County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Charles Mix County ranks #1,067 of 3,144 counties for affordability (top 34%)
Data Story
About Cost of Living in Charles Mix County, South Dakota
Charles Mix hits state housing sweet spot
Charles Mix County renters spend 13.4% of household income on rent, nearly matching the national benchmark and sitting close to South Dakota's 13.8% state average. With median income at $64,850 and monthly rent at $727, the county offers reasonably balanced housing affordability.
Right at South Dakota's average
Charles Mix's 13.4% rent-to-income ratio sits just slightly below the state average of 13.8%, placing it squarely in the middle of South Dakota's affordability spectrum. The $727 monthly rent falls just $29 below the state median, marking Charles Mix as a representative county.
Moderate costs, stable market
Charles Mix rents of $727 fall between the bargain basement (Campbell at $635) and pricier markets (Codington at $901, Butte at $940). The median home value of $169,200 reflects a modest, stable real estate market without the premium pricing of neighboring Custer County.
Balanced housing budget
Both renters ($727) and homeowners ($723) shoulder similar monthly costs, with a median income of $64,850 annually distributing the burden fairly evenly. Housing consumes roughly 13-14% of gross monthly earnings, putting households near the regional norm.
Charles Mix offers middle-ground stability
If you seek a county close to state averages without premium costs or extreme bargains, Charles Mix delivers steady, predictable housing economics. Renters and buyers alike will find expenses align with the South Dakota standard, making long-term budgeting straightforward.
Cost of Living Advisory: Charles Mix County
Affordability Verdict
Housing in Charles Mix County is affordable. The median rent is $727/month against a median household income of $64,850, putting rent at 13.5% of income.
Rent vs. Own
The median rent in Charles Mix County is $727/month, while owner costs run $723/month. Owning saves approximately $4/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,080/year. For owner costs at the 28% rule, the required income is roughly $30,986/year. With a median household income of $64,850, most households can comfortably afford rent here. Notably, 22.0% of renter households in Charles Mix County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Deuel County where rent averages $668/month, Charles Mix County is approximately 9% more expensive.
Affordability Calculator
See how your income compares to housing costs in Charles Mix County
Rent Burden
13.5%
of gross income
Max Housing (28% Rule)
$1,513
per month
Owner Cost Burden
13.4%
of gross income
You can likely afford the median home in Charles Mix County
Median home value is $169,200. Estimated monthly cost: $1,351 vs. your max of $1,513.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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