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Davis

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

Median Home$202,300
Median Rent$641/month
Population56
Leading IndustriesRetail · Professional Services · Healthcare38% retail
Home Value Growth⬆⬆+12.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners77% of occupied units
Davis
SD

Frequently Asked Questions

What are today's mortgage rates in Davis?

As of today, the 30-year fixed mortgage rate for Davis is approximately 7.525% (7.583% 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 Davis?

The median home value in Davis is $202k. The median monthly rent is $641. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Davis?

Home values in Davis have increased 12.6% 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 Davis?

Based on a typical all-in ownership cost of $842/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Davis is $74k/year.

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What industries drive the economy in Davis?

The largest employment sectors in Davis are retail (38%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.