Counties › South Dakota

Cost of Living in Lincoln County, SD

Population 70,638 · Census ACS 2020–2024 5-year estimates

Median rent$1,260
Median home value$348,300
Median household income$99,166

The median rent in Lincoln County, SD is $1,260/month, 33% higher than the South Dakota median and 11% lower than the U.S. median. The median home value is $348,300, 5% higher than the national median. Households earn a median of $99,166 a year, 32% higher than the state median.

Affordability

Rent as a share of median income: 15.2%
Income needed for median rent (30% rule): $50,400/yr
Home price-to-income ratio: 3.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,761/mo

Run your own numbers: mortgage calculator · hourly to salary

Lincoln County vs. South Dakota vs. U.S.

Lincoln CountySouth DakotaU.S.
Median rent$1,260$946$1,413
Median home value$348,300$257,400$332,700
Median household income$99,166$75,081$80,734
Homeownership rate71.2%68.6%65.2%
Bachelor's degree or higher44.4%31.9%35.7%
Poverty rate5.6%11.9%12.5%
Unemployment rate1.7%2.9%5.2%
Work from home12.3%9.7%15.1%
Median age35.938.038.9

FAQ

What is the average rent in Lincoln County, SD?

The median gross rent in Lincoln County, SD is $1,260 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Lincoln County, SD?

Using the common 30% rule, renting a median-priced home takes about $50,400 a year in gross income.

Is Lincoln County, SD expensive to live in?

Rent there is 11% lower than the U.S. median, and the median home costs about 3.5 times the median household income.

Other counties in South Dakota

Minnehaha County, SDRent $978 · Income $76,880Pennington County, SDRent $1,120 · Income $74,517Brown County, SDRent $777 · Income $70,898Brookings County, SDRent $901 · Income $70,064Meade County, SDRent $1,264 · Income $74,790Codington County, SDRent $938 · Income $72,727

Counties with a similar cost of living

Leelanau County, MIRent $1,228 · Income $99,422North Slope Borough, AKRent $1,254 · Income $95,694St. Croix County, WIRent $1,271 · Income $103,046Teton County, IDRent $1,319 · Income $99,805Livingston County, MIRent $1,287 · Income $103,039Chisago County, MNRent $1,186 · Income $99,400

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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