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Platte-Geddes School District 11-5

Learn about the people, housing, costs and businesses in Platte-Geddes School District 11-5, South Dakota

Median Home$213,698
Median Rent$840/month
Population3,181
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade18% construction
Home Value Growth⬆⬆+20.8% over 2 years
Family-Friendly30% of residentstop 2% nationally
Homeowners81% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 20% nationally
Platte-Geddes School District 11-5
SD

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Frequently Asked Questions

What are today's mortgage rates in Platte-Geddes School District 11-5?

As of today, the 30-year fixed mortgage rate for Platte-Geddes School District 11-5 is approximately 6.979% (7.021% 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 Platte-Geddes School District 11-5?

The median home value in Platte-Geddes School District 11-5 is $214k. The median monthly rent is $840. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Platte-Geddes School District 11-5?

Home values in Platte-Geddes School District 11-5 have increased 20.8% 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 Platte-Geddes School District 11-5?

Based on a typical all-in ownership cost of $849/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Platte-Geddes School District 11-5 is $76k/year.

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What industries drive the economy in Platte-Geddes School District 11-5?

The largest employment sectors in Platte-Geddes School District 11-5 are agriculture and mining (18%) and construction (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.