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Highmore

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

Median Home$181,600
Median Rent$836/month
Population644
Leading IndustriesProfessional Services · Construction · Agriculture & Mining7% professional services
Retirees27% of residentsabove average nationally
Homeowners83% of occupied units
Highmore
SD

Frequently Asked Questions

What are today's mortgage rates in Highmore?

As of today, the 30-year fixed mortgage rate for Highmore is approximately 7.000% (7.043% 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 Highmore?

The median home value in Highmore is $182k. The median monthly rent is $836. 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 Highmore?

Based on a typical all-in ownership cost of $821/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Highmore is $73k/year.

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What industries drive the economy in Highmore?

The largest employment sectors in Highmore are agriculture and mining (21%) and construction (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.