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Egan

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

Median Home$165,700
Median Rent$653/month
Population246
Leading IndustriesPublic Administration · Construction · Wholesale Trade34% public administration
Home Value Growth+9.8% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners63% of occupied units
NotableTransit80/100 · excellent transit access
NotableAffordable Market$166k median home · lower cost than 67% of the country
Egan
SD

Frequently Asked Questions

What are today's mortgage rates in Egan?

As of today, the 30-year fixed mortgage rate for Egan is approximately 6.998% (7.038% 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 Egan?

The median home value in Egan is $166k. The median monthly rent is $653. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Egan?

Home values in Egan have increased 9.8% 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 Egan?

Based on a typical all-in ownership cost of $755/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Egan is $62k/year.

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What industries drive the economy in Egan?

The largest employment sectors in Egan are public administration (34%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.