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Flandreau

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

Median Home$165,700
Median Rent$653/month
Population2,419
Leading IndustriesPublic Administration · Manufacturing · Transportation28% public administration
Home Value Growth+9.8% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners63% of occupied units
NotableTransit80/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
Flandreau
SD

Frequently Asked Questions

What are today's mortgage rates in Flandreau?

As of today, the 30-year fixed mortgage rate for Flandreau is approximately 6.952% (6.990% 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 Flandreau?

The median home value in Flandreau 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 Flandreau?

Home values in Flandreau 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 Flandreau?

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 Flandreau is $62k/year.

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What industries drive the economy in Flandreau?

The largest employment sectors in Flandreau are public administration (28%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.