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Plankinton

Learn about the people, housing, costs and businesses in Plankinton, South Dakota

Median Home$151,900
Median Rent$747/month
Population751
Leading IndustriesTransportation · Public Administration · Professional Services4% transportation
Retirees24% of residentsslightly above average
Homeowners73% of occupied units
NotableHighly Educated24% bachelor's · 15% graduate · top 21% nationally
NotableAffordable Market$152k median home · lower cost than 73% of the country
Plankinton
SD

Frequently Asked Questions

What are today's mortgage rates in Plankinton?

As of today, the 30-year fixed mortgage rate for Plankinton is approximately 6.857% (6.892% 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 Plankinton
What is the median home price in Plankinton?

The median home value in Plankinton is $152k. The median monthly rent is $747. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Plankinton?

Based on a typical all-in ownership cost of $768/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Plankinton is $73k/year.

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What industries drive the economy in Plankinton?

The largest employment sectors in Plankinton are public administration (30%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.