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Ethan

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

Median Home$235,100
Median Rent$525/month
Population322
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade10% construction
Home Value Growth⬆⬆+12.3% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners78% of occupied units
Ethan
SD

Frequently Asked Questions

What are today's mortgage rates in Ethan?

As of today, the 30-year fixed mortgage rate for Ethan 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 Ethan?

The median home value in Ethan is $235k. The median monthly rent is $525. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ethan?

Home values in Ethan have increased 12.3% 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 Ethan?

Based on a typical all-in ownership cost of $996/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ethan is $81k/year.

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What industries drive the economy in Ethan?

The largest employment sectors in Ethan are public administration (20%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.