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Forestburg

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

Median Home$135,600
Median Rent$725/month
Population55
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining16% wholesale trade
Family-Friendly24% of residentsslightly above average
Homeowners77% of occupied units
NotableAffordable Market$136k median home · lower cost than 79% of the country
Forestburg
SD

Frequently Asked Questions

What are today's mortgage rates in Forestburg?

As of today, the 30-year fixed mortgage rate for Forestburg is approximately 6.932% (6.969% 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 Forestburg?

The median home value in Forestburg is $136k. The median monthly rent is $725. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Forestburg?

Based on a typical all-in ownership cost of $771/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Forestburg is $79k/year.

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What industries drive the economy in Forestburg?

The largest employment sectors in Forestburg are public administration (21%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.