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Marion School District 60-3

Learn about the people, housing, costs and businesses in Marion School District 60-3, South Dakota

Median Home$151,648
Median Rent$867/month
Population3,342
Leading IndustriesWholesale Trade · Manufacturing · Agriculture & Mining13% wholesale trade
Home Value Growth⬆⬆+17.8% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners80% of occupied units
NotableAffordable Market$152k median home · lower cost than 83% of the country
NotableVeteran Community8% of residents · top 27% nationally
Marion School District 60-3
SD

Explore Marion School District 60-3

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Marion School District 60-3?

As of today, the 30-year fixed mortgage rate for Marion School District 60-3 is approximately 6.953% (6.994% 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 Marion School District 60-3?

The median home value in Marion School District 60-3 is $152k. The median monthly rent is $867. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marion School District 60-3?

Home values in Marion School District 60-3 have increased 17.8% 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 Marion School District 60-3?

Based on a typical all-in ownership cost of $822/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 Marion School District 60-3 is $79k/year.

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What industries drive the economy in Marion School District 60-3?

The largest employment sectors in Marion School District 60-3 are public administration (21%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.