Jackson County, South Dakota Housing Market
In Jackson County, South Dakota, the median home value is $117,300, with a median monthly rent of $442. This places Jackson County at #2688 nationally out of 3134 counties by median home value, and #57 within South Dakota.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $657
- Establishments: 62
- BLS QCEW, 2025
Migration Patterns
- Inflow: 861 (avg $53,540)
- Outflow: 831 (avg $54,307)
- IRS Statistics of Income
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| Metric | Jackson County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $117,300 | $181,021 | $227,706 |
| Median Gross Rent | $442 | $784 | $968 |
| Owner Occupancy Rate | 67.3% | 72.6% | 73.3% |
| Price/Rent Ratio | 22.1 | 19.0 | 18.7 |
Market Analysis
The median home value in Jackson County is 35.2% below the South Dakota state average and 48.5% below the U.S. national average. The median rent of $442/month is 43.6% below the state average.
With a price-to-rent ratio of 22.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Jackson County has an owner-occupancy rate of 67.3%, compared to 72.6% in South Dakota and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Hettinger County | North Dakota | $117,300 | $785 |
| Taylor County | Iowa | $117,200 | $765 |
| Choctaw County | Mississippi | $117,200 | $638 |
| Greene County | North Carolina | $117,400 | $853 |
| LaMoure County | North Dakota | $117,200 | $766 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Buffalo County | $117,800 | $540 | 52.6% |
| Campbell County | $115,900 | $760 | 76.3% |
| Perkins County | $114,600 | $738 | 78.4% |
| Potter County | $121,300 | $1,008 | 81.5% |
| Spink County | $123,300 | $734 | 72.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).