Counties › South Dakota

Cost of Living in Meade County, SD

Population 30,546 · Census ACS 2020–2024 5-year estimates

Median rent$1,264
Median home value$310,900
Median household income$74,790

The median rent in Meade County, SD is $1,264/month, 34% higher than the South Dakota median and 11% lower than the U.S. median. The median home value is $310,900, 7% lower than the national median. Households earn a median of $74,790 a year, about the same as the state median.

Affordability

Rent as a share of median income: 20.3%
Income needed for median rent (30% rule): $50,560/yr
Home price-to-income ratio: 4.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,572/mo

Run your own numbers: mortgage calculator · hourly to salary

Meade County vs. South Dakota vs. U.S.

Meade CountySouth DakotaU.S.
Median rent$1,264$946$1,413
Median home value$310,900$257,400$332,700
Median household income$74,790$75,081$80,734
Homeownership rate72.9%68.6%65.2%
Bachelor's degree or higher27.8%31.9%35.7%
Poverty rate7.1%11.9%12.5%
Unemployment rate3.2%2.9%5.2%
Work from home8.1%9.7%15.1%
Median age37.338.038.9

FAQ

What is the average rent in Meade County, SD?

The median gross rent in Meade County, SD is $1,264 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $50,560 a year in gross income.

Is Meade County, SD expensive to live in?

Rent there is 11% lower than the U.S. median, and the median home costs about 4.2 times the median household income.

Other counties in South Dakota

Minnehaha County, SDRent $978 · Income $76,880Pennington County, SDRent $1,120 · Income $74,517Lincoln County, SDRent $1,260 · Income $99,166Brown County, SDRent $777 · Income $70,898Brookings County, SDRent $901 · Income $70,064Codington County, SDRent $938 · Income $72,727

Counties with a similar cost of living

Knox County, TNRent $1,261 · Income $74,222Sumter County, FLRent $1,269 · Income $76,508Hamilton County, TNRent $1,253 · Income $76,183Camden County, GARent $1,235 · Income $74,378Smith County, TXRent $1,238 · Income $74,192Greenville County, SCRent $1,262 · Income $76,932

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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