Cost of Living in Perkins 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 Perkins County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Perkins County ranks #590 of 3,142 counties for affordability (top 19%)
Sourced county brief
Perkins County Median Home Value Estimated at $114,600
The median home value in Perkins County was estimated at $114,600 according to ACS 5-year estimates. This figure is $66,421 below the South Dakota unweighted county mean home value of $181,021. For residents in owner-occupied units, the median selected monthly owner cost is $679, which is $174 below the state unweighted county mean of $853. Renters in the county face a median gross rent of $738, while the state unweighted county mean is $785. The renter-household median income was recorded at $32,321. The official rentBurdenGrapiPct, defined as the median gross rent as a percentage of household income (ACS B25071), was 22.7%. This official metric is identical to the South Dakota unweighted county mean official GRAPI of 22.7%. These figures provide a snapshot of housing costs for different tenures within the county using data from the 2020-2024 ACS 5-year period. 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: Perkins County
Affordability Verdict
ACS B25071 estimates median gross rent at 22.7% of renter household income in Perkins 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 $738 per month; median selected monthly owner costs are $679. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $29,520 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. Perkins County's $738 median is 6.0% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Perkins County
Rent Burden
13.2%
of gross income
Max Housing (28% Rule)
$1,561
per month
Owner Cost Burden
12.2%
of gross income
You can likely afford the median home in Perkins County
Median home value is $114,600. Estimated monthly cost: $915 vs. your max of $1,561.
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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