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Rowena

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

Median Home$285,000
Median Rent$997/month
Population64
Leading IndustriesEducation · Retail · Information & Media4% education
Home Value Growth⬆⬆+12.5% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners84% of occupied units
NotableHigh Incomes$113k/year · top 11% nationally
Rowena
SD

Frequently Asked Questions

What are today's mortgage rates in Rowena?

As of today, the 30-year fixed mortgage rate for Rowena is approximately 7.036% (7.080% 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 Rowena?

The median home value in Rowena is $285k. The median monthly rent is $997. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rowena?

Home values in Rowena have increased 12.5% 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 Rowena?

Based on a typical all-in ownership cost of $1,290/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rowena is $113k/year.

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What industries drive the economy in Rowena?

The largest employment sectors in Rowena are retail (18%) and public administration (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.