Cost of Living in Hamlin County, South Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Hamlin County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Hamlin County, South Dakota
Hamlin County: Premium incomes, solid affordability
Hamlin County's rent-to-income ratio of 11.1% beats both the state average (13.8%) and reflects a median household income of $83,194, well above the national average of $74,755. The county demonstrates how higher incomes make housing—even slightly pricier housing—more affordable overall.
Highest incomes enable strong affordability
Among these eight counties, Hamlin ranks among the highest-earning with a $83,194 median income, enabling an 11.1% rent-to-income ratio that outpaces the state average. The county's economic strength translates directly into comfortable housing affordability despite slightly elevated rents.
Premium rents, premium incomes—balanced equation
Hamlin County's $769 median rent is among the higher region, but strong $83,194 median incomes offset the cost more effectively than lower-earning counties. Renters here spend 11.1% on housing—better than most peers—thanks to robust local earning power.
Strong incomes make higher costs manageable
Hamlin County renters pay $769 monthly and homeowners pay $1,018, both above county medians but sustainable on a $83,194 median income. At 11.1% of income spent on rent, households retain substantial earnings for discretionary spending, savings, and investment.
Economic vitality meets housing affordability
Hamlin County rewards residents with strong incomes and reasonable housing affordability—a rare combination in rural South Dakota. If your income reaches or exceeds the county median of $83,194, you'll find housing costs manageable and lifestyle quality high.
Affordability Calculator
See how your income compares to housing costs in Hamlin County
Rent Burden
11.1%
of gross income
Max Housing (28% Rule)
$1,941
per month
Owner Cost Burden
14.7%
of gross income
You can likely afford the median home in Hamlin County
Median home value is $207,700. Estimated monthly cost: $1,658 vs. your max of $1,941.
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.