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Miller Area School District 29-4

Learn about the people, housing, costs and businesses in Miller Area School District 29-4, South Dakota

Median Home$158,583
Median Rent$571/month
Population2,842
Leading IndustriesConstruction · Agriculture & Mining · Transportation28% construction
Home Value Growth+6.4% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners65% of occupied units
NotableAffordable Market$159k median home · lower cost than 80% of the country
NotableHighly Educated23% hold a bachelor's degree · top 20% nationally
Miller Area School District 29-4
SD

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Frequently Asked Questions

What are today's mortgage rates in Miller Area School District 29-4?

As of today, the 30-year fixed mortgage rate for Miller Area School District 29-4 is approximately 7.069% (7.111% 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 Miller Area School District 29-4
What is the median home price in Miller Area School District 29-4?

The median home value in Miller Area School District 29-4 is $159k. The median monthly rent is $571. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Miller Area School District 29-4?

Home values in Miller Area School District 29-4 have increased 6.4% over the past two years. This represents moderate growth. 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 Miller Area School District 29-4?

Based on a typical all-in ownership cost of $782/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Miller Area School District 29-4 is $73k/year.

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What industries drive the economy in Miller Area School District 29-4?

The largest employment sectors in Miller Area School District 29-4 are agriculture and mining (28%) and construction (28%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.