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Lennox School District 41-4

Learn about the people, housing, costs and businesses in Lennox School District 41-4, South Dakota

Median Home$218,243
Median Rent$950/month
Population7,830
Leading IndustriesManufacturing · Healthcare · Arts, Food & Hospitality2% manufacturing
Home Value Growth⬆⬆+16.3% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners82% of occupied units
Lennox School District 41-4
SD

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Frequently Asked Questions

What are today's mortgage rates in Lennox School District 41-4?

As of today, the 30-year fixed mortgage rate for Lennox School District 41-4 is approximately 6.940% (6.978% 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 Lennox School District 41-4
What is the median home price in Lennox School District 41-4?

The median home value in Lennox School District 41-4 is $218k. The median monthly rent is $950. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lennox School District 41-4?

Home values in Lennox School District 41-4 have increased 16.3% 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 Lennox School District 41-4?

Based on a typical all-in ownership cost of $1,097/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lennox School District 41-4 is $79k/year.

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What industries drive the economy in Lennox School District 41-4?

The largest employment sectors in Lennox School District 41-4 are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.