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Meadow View Addition

Learn about the people, housing, costs and businesses in Meadow View Addition, South Dakota

Median Home$317,300
Median Rent$995/month
Population511
Leading IndustriesManufacturing · Professional Services · Public Administration1% manufacturing
Home Value Growth⬆⬆+16.7% over 2 years
Young Adults28% of residentsnear the national average
Homeowners92% of occupied units
NotableHigh Incomes$105k/year · top 14% nationally
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Meadow View Addition
SD

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Frequently Asked Questions

What are today's mortgage rates in Meadow View Addition?

As of today, the 30-year fixed mortgage rate for Meadow View Addition is approximately 6.984% (7.023% 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 Meadow View Addition?

The median home value in Meadow View Addition is $317k. The median monthly rent is $995. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Meadow View Addition?

Home values in Meadow View Addition have increased 16.7% 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 Meadow View Addition?

Based on a typical all-in ownership cost of $1,448/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Meadow View Addition is $105k/year.

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What industries drive the economy in Meadow View Addition?

The largest employment sectors in Meadow View Addition are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.