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Rockham

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

Median Home$147,500
Median Rent$771/month
Population22
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Information & Media3% professional services
Family-Friendly27% of residentsabove average nationally
Homeowners78% of occupied units
NotableHighly Educated27% bachelor's · 12% graduate · top 14% nationally
NotableAffordable Market$148k median home · lower cost than 75% of the country
Rockham
SD

Frequently Asked Questions

What are today's mortgage rates in Rockham?

As of today, the 30-year fixed mortgage rate for Rockham is approximately 6.894% (6.930% 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 Rockham?

The median home value in Rockham is $148k. The median monthly rent is $771. Annual property taxes average $916. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $708/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rockham is $58k/year.

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What industries drive the economy in Rockham?

The largest employment sectors in Rockham are public administration (22%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.