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Hoven

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

Median Home$121,300
Median Rent$1,008/month
Population366
Leading IndustriesInformation & Media · Finance & Insurance · Wholesale Trade9% information & media
Family-Friendly26% of residentsabove average nationally
Homeowners82% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableTransit80/100 · excellent transit access
Hoven
SD

Frequently Asked Questions

What are today's mortgage rates in Hoven?

As of today, the 30-year fixed mortgage rate for Hoven is approximately 6.814% (6.847% 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 Hoven?

The median home value in Hoven is $121k. The median monthly rent is $1,008. 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 Hoven?

Based on a typical all-in ownership cost of $719/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hoven is $72k/year.

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What industries drive the economy in Hoven?

The largest employment sectors in Hoven are public administration (21%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.