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Fall River County

Learn about the people, housing, costs and businesses in Fall River County County

Median Home$182,462
Median Rent$893/month
Population7,258
Leading IndustriesConstruction · Agriculture & Mining · Public Administration12% construction
Home Value Growth⬆⬆⬆+27.6% over 2 years
Retirees33% of residentstop 2% nationally
Homeowners72% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableHighly Educated20% hold a bachelor's degree · top 22% nationally
Fall River County
SD

Frequently Asked Questions

What are today's mortgage rates in Fall River County?

As of today, the 30-year fixed mortgage rate for Fall River County is approximately 7.099% (7.127% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Fall River County
What is the median home price in Fall River County?

The median home value in Fall River County is $182k. The median monthly rent is $893. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fall River County?

Home values in Fall River County have increased 27.6% 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 Fall River County?

Based on a typical all-in ownership cost of $862/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fall River County is $70k/year.

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What industries drive the economy in Fall River County?

The largest employment sectors in Fall River County are public administration (26%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas