Cost of Living in Potter County, South Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Potter County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Potter County, South Dakota
Potter offers reliable affordability below national
Potter County's rent-to-income ratio of 14.5% sits modestly above the national average but remains manageable given the county's rural character. With median household income of $71,726 and median rent of $869, residents maintain reasonable housing stability without extreme cost burden.
Slightly above state average on affordability
Potter County's 14.5% rent-to-income ratio edges above South Dakota's 13.8% state average, placing it in the middle tier of regional affordability. The median rent of $869 reflects a rural community with moderate cost growth but strong income relative to neighboring counties.
Potter prices higher than most rural peers
Potter County's $869 median rent exceeds Roberts ($656) and Sanborn ($717) but undercuts the urban centers Minnehaha ($954) and Pennington ($1,066). The county occupies a transition zone between affordable rural areas and pricier regional hubs.
Modest gap between rent and homeownership
Renters pay $869 monthly while homeowners average $657—a 24% discount reflecting affordable median home values of $121,300. Both tenure types remain comfortably affordable, with costs consuming around 12-15% of the $71,726 median household income.
Potter: rural stability with decent incomes
Potter County suits those seeking rural character without sacrificing income; the $71,726 median household income exceeds many neighboring counties while maintaining reasonable housing costs. Budget-conscious homebuyers especially should consider Potter's favorable ownership costs and accessible property values.
Affordability Calculator
See how your income compares to housing costs in Potter County
Rent Burden
14.5%
of gross income
Max Housing (28% Rule)
$1,674
per month
Owner Cost Burden
11.0%
of gross income
You can likely afford the median home in Potter County
Median home value is $121,300. Estimated monthly cost: $968 vs. your max of $1,674.
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.