Cost of Living in Haakon County, South Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Haakon County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Haakon County, South Dakota
Haakon County mirrors South Dakota's affordability
Haakon County's rent-to-income ratio of 13.9% essentially matches the state average of 13.8%, placing it squarely in the middle of South Dakota's housing affordability landscape. With a $688 median rent and $59,231 median income, the county offers typical rural South Dakota housing economics.
Right at South Dakota's affordability midline
Haakon County's 13.9% rent-to-income ratio and $688 median rent position it as a representative South Dakota county, neither exceptionally affordable nor strained. The county tracks almost exactly with statewide averages, making it a stable benchmark for regional housing costs.
Mid-range rents among northeast counties
Haakon County's $688 rent sits between Grant County ($668) and Hughes County ($930), offering a middle option for renters in the region. Its 13.9% affordability ratio matches Grant's state-beating performance more closely than Hughes County's 14.1%.
Balanced rent and ownership costs
Haakon County renters spend $688 monthly while homeowners pay $659, a close-call scenario where renting slightly exceeds ownership costs. Against the $59,231 median income, renters dedicate 13.9% to housing—near the state average—while homeowners spend 13.3%.
Solid middle ground for midwest relocators
Haakon County offers representative South Dakota housing costs without extreme affordability pressures or premium prices. If you want a county that reflects broader state trends rather than outlier markets, Haakon delivers predictable, sustainable housing economics.
Affordability Calculator
See how your income compares to housing costs in Haakon County
Rent Burden
13.9%
of gross income
Max Housing (28% Rule)
$1,382
per month
Owner Cost Burden
13.4%
of gross income
You can likely afford the median home in Haakon County
Median home value is $153,200. Estimated monthly cost: $1,223 vs. your max of $1,382.
Rent Affordability Guide
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.