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Bon Homme School District 04-2

Learn about the people, housing, costs and businesses in Bon Homme School District 04-2, South Dakota

Median Home$142,236
Median Rent$644/month
Population4,778
Leading IndustriesConstruction · Agriculture & Mining · Transportation13% construction
Home Value Growth⬆⬆⬆+34.1% over 2 years
Retirees22% of residentsslightly above average
Homeowners80% of occupied units
NotableAffordable Market$142k median home · lower cost than 87% of the country
NotableVeteran Community8% of residents · top 27% nationally
Bon Homme School District 04-2
SD

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Frequently Asked Questions

What are today's mortgage rates in Bon Homme School District 04-2?

As of today, the 30-year fixed mortgage rate for Bon Homme School District 04-2 is approximately 6.954% (6.995% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Bon Homme School District 04-2?

The median home value in Bon Homme School District 04-2 is $142k. The median monthly rent is $644. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bon Homme School District 04-2?

Home values in Bon Homme School District 04-2 have increased 34.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Bon Homme School District 04-2?

Based on a typical all-in ownership cost of $760/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bon Homme School District 04-2 is $64k/year.

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What industries drive the economy in Bon Homme School District 04-2?

The largest employment sectors in Bon Homme School District 04-2 are public administration (26%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.