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Brandon

Learn about the people, housing, costs and businesses in Brandon, South Dakota

Median Home$346,645
Median Rent$993/month
Population10,864
Leading IndustriesTransportation · Professional Services · Public Administration3% transportation
Home Value Growth+6.8% over 2 years
Family-Friendly33% of residentstop 2% nationally
Homeowners81% of occupied units
NotableHighly Educated29% hold a bachelor's degree · top 10% nationally
NotableHigh Incomes$112k/year · top 11% nationally
Brandon
SD

Frequently Asked Questions

What are today's mortgage rates in Brandon?

As of today, the 30-year fixed mortgage rate for Brandon is approximately 6.868% (6.903% 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 Brandon?

The median home value in Brandon is $347k. The median monthly rent is $993. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brandon?

Home values in Brandon have increased 6.8% over the past two years. This represents moderate growth. 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 Brandon?

Based on a typical all-in ownership cost of $1,405/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brandon is $112k/year.

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What industries drive the economy in Brandon?

The largest employment sectors in Brandon are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.