Cost of Living in Davison County, South Dakota

$750/mo
Median Monthly Rent
$190,000
Median Home Value
1% below state averageUnaffordable

At a Glance

Median Monthly Rent
$750/mo
1% below state average
Median Home Value
$190,000
33% below national
Rent-to-Income Ratio
25.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Davison County Compares

Median monthly rent comparison

Davison County$750/mo
South Dakota Average$756/mo
National Median$1,163/mo

Detailed Housing Stats

$750/mo
Median Gross Rent
$190,000
Median Home Value
$889/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

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.

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

Your rent-to-income ratio14.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Davison County, South Dakota?
Davison County, South Dakota has a median monthly rent of $750/mo and a median home value of $190,000. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Davison County?
The median gross rent in Davison County is $750/mo. This is 1% below state average for South Dakota.
Is Davison County affordable?
Davison County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Davison County's rent compare to the state average?
Davison County's median rent of $750/mo is 1% below state average of $756/mo for South Dakota.
What is the median home value in Davison County?
The median home value in Davison County, South Dakota is $190,000. This is 33% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.