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Newell School District 09-2

Learn about the people, housing, costs and businesses in Newell School District 09-2, South Dakota

Median Home$193,921
Median Rent$938/month
Population2,016
Leading IndustriesAgriculture & Mining · Manufacturing · Construction25% agriculture & mining
Home Value Growth⬆⬆+17.3% over 2 years
Family-Friendly28% of residentstop 4% nationally
Homeowners91% of occupied units
Newell School District 09-2
SD

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

Frequently Asked Questions

What are today's mortgage rates in Newell School District 09-2?

As of today, the 30-year fixed mortgage rate for Newell School District 09-2 is approximately 7.015% (7.059% 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 Newell School District 09-2?

The median home value in Newell School District 09-2 is $194k. The median monthly rent is $938. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newell School District 09-2?

Home values in Newell School District 09-2 have increased 17.3% 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 Newell School District 09-2?

Based on a typical all-in ownership cost of $873/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newell School District 09-2 is $69k/year.

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What industries drive the economy in Newell School District 09-2?

The largest employment sectors in Newell School District 09-2 are agriculture and mining (25%) and construction (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.