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Faith

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

Median Home$306,600
Median Rent$1,500/month
Population377
Leading IndustriesTransportation · Manufacturing · Retail7% transportation
Home Value Growth+5.1% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners51% of occupied units
Faith
SD

Frequently Asked Questions

What are today's mortgage rates in Faith?

As of today, the 30-year fixed mortgage rate for Faith is approximately 6.994% (7.034% 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 Faith?

The median home value in Faith is $307k. The median monthly rent is $1,500. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Faith?

Home values in Faith have increased 5.1% 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 Faith?

Based on a typical all-in ownership cost of $1,431/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Faith is $76k/year.

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What industries drive the economy in Faith?

The largest employment sectors in Faith are public administration (21%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.