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Brant Lake

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

Median Home$410,000
Median Rent$821/month
Population52
Leading IndustriesFinance & Insurance · Information & Media · Transportation9% finance & insurance
Home Value Growth⬆⬆⬆+40.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners92% of occupied units
NotableHigh Incomes$106k/year · top 14% nationally
NotableVeteran Community9% of residents · top 22% nationally
Brant Lake
SD

Frequently Asked Questions

What are today's mortgage rates in Brant Lake?

As of today, the 30-year fixed mortgage rate for Brant Lake is approximately 7.033% (7.074% 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 Brant Lake?

The median home value in Brant Lake is $410k. The median monthly rent is $821. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brant Lake?

Home values in Brant Lake have increased 40.4% 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 Brant Lake?

Based on a typical all-in ownership cost of $1,167/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brant Lake is $106k/year.

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What industries drive the economy in Brant Lake?

The largest employment sectors in Brant Lake are public administration (18%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.