Cost of Living in Davison County, South Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Davison County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Davison County ranks #2,257 of 3,144 counties for affordability (bottom 28%)
Data Story
About Cost of Living in Davison County, South Dakota
Davison's housing costs outpace national norms
Davison County residents spend 14.7% of their income on rent, compared to a national median of roughly 13.8%. While the $750 median monthly rent is close to the national standard, the county's median household income of $61,401 trails the U.S. average by $13,354, making housing a proportionally tighter squeeze.
Middle of the South Dakota pack
At 14.7%, Davison's rent-to-income ratio sits slightly above South Dakota's state average of 13.8%. The county ranks solidly in the middle range of affordability for South Dakota counties, neither a bargain basement nor a high-cost outlier.
Davison outpaces nearby counties
Davison's $750 rent is competitive with state averages and lower than nearby Edmunds County ($881) and Fall River County ($866). However, Day County to the north offers better affordability at just 12% rent-to-income ratio and $623 monthly rent.
Where Davison incomes go
Renters in Davison dedicate $750 monthly to housing, while homeowners spend $889 on ownership costs—with median home values at $190,000. Together, housing consumes roughly 14.7% of the median household income, leaving substantial room for other expenses compared to national stress levels.
Consider Davison if you value balance
Davison County offers reasonable housing costs with solid income levels by South Dakota standards. If you're relocating, compare it to the more affordable Day County or the slightly pricier Fall River County to find your ideal fit.
Cost of Living Advisory: Davison County
Affordability Verdict
Housing in Davison County is affordable. The median rent is $750/month against a median household income of $61,401, putting rent at 14.7% of income.
Rent vs. Own
The median rent in Davison County is $750/month, while owner costs run $889/month. Renting saves approximately $139/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,000/year. For owner costs at the 28% rule, the required income is roughly $38,100/year. With a median household income of $61,401, most households can comfortably afford rent here. Notably, 25.0% of renter households in Davison County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Faulk County where rent averages $692/month, Davison County is approximately 8% more expensive.
Affordability Calculator
See how your income compares to housing costs in Davison County
Rent Burden
14.7%
of gross income
Max Housing (28% Rule)
$1,433
per month
Owner Cost Burden
17.4%
of gross income
The median home in Davison County may be a stretch
Median home value is $190,000. Estimated monthly cost: $1,517 vs. your max of $1,433.
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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