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Faith School District 46-2

Learn about the people, housing, costs and businesses in Faith School District 46-2, South Dakota

Median Home$221,441
Median Rent$1,167/month
Population800
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance22% construction
Home Value Growth+5.1% over 2 years
Young Adults32% of residentswell above average
Homeowners59% of occupied units
NotableVeteran Community11% of residents · top 5% nationally
NotableHighly Educated22% hold a bachelor's degree · top 24% nationally
Faith School District 46-2
SD

Explore Faith School District 46-2

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Faith School District 46-2?

As of today, the 30-year fixed mortgage rate for Faith School District 46-2 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 Faith School District 46-2?

The median home value in Faith School District 46-2 is $221k. The median monthly rent is $1,167. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Faith School District 46-2?

Home values in Faith School District 46-2 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 School District 46-2?

Based on a typical all-in ownership cost of $1,105/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Faith School District 46-2 is $71k/year.

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What industries drive the economy in Faith School District 46-2?

The largest employment sectors in Faith School District 46-2 are public administration (23%) and agriculture and mining (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.