Cost of Living in Hanson County, South Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Hanson County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Hanson County ranks #1,559 of 3,142 counties for affordability (top 50%)
Sourced county brief
Hanson County Official GRAPI Recorded at 17.7 Percent
In Hanson County, the official ACS B25071 Gross Rent as a Percentage of Household Income (GRAPI) was estimated at 17.7%. This figure is 5.0 percentage points below the South Dakota unweighted county mean for official GRAPI of 22.7%. The median gross rent in the county is $782 per month, which is nearly equal to the state unweighted county mean of $785. Renter-household median income is $49,904. For owner-occupied units, the median home value is $191,200, which is above the state unweighted county mean of $181,021. Median selected monthly owner costs for all owner-occupied units reached $1,008, compared to the state unweighted county mean of $853. These statistics are based on the ACS 2020-2024 5-Year Estimates and last reviewed on 2026-07-10. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Hanson County
Affordability Verdict
ACS B25071 estimates median gross rent at 17.7% of renter household income in Hanson County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $782 per month; median selected monthly owner costs are $1,008. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $31,280 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The South Dakota unweighted mean of county median rents is $785 per month. Hanson County's $782 median is 0.4% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Hanson County
Rent Burden
11.6%
of gross income
Max Housing (28% Rule)
$1,892
per month
Owner Cost Burden
14.9%
of gross income
You can likely afford the median home in Hanson County
Median home value is $191,200. Estimated monthly cost: $1,526 vs. your max of $1,892.
Rent Affordability Guide
Income Needed Calculator
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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 (2020-2024). Data is informational only and is not personalized financial advice.
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