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Learn about the people, housing, costs and businesses in Summerset, South Dakota
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Summerset.
True all-in cost — P&I, taxes, insurance & utilities for homes in Summerset.
Find and compare lenders active near Summerset.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Summerset.
Seismic risk and earthquake insurance estimates for Summerset.
Wildfire exposure and insurance estimates for Summerset.
Cost of living, demographics, and community profile
As of today, the 30-year fixed mortgage rate for Summerset is approximately 6.998% (7.038% 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 SummersetThe median home value in Summerset is $316k. The median monthly rent is $1,187. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Summerset have increased 4.9% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,155/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Summerset is $88k/year.
Calculate your buying powerThe largest employment sectors in Summerset are public administration (25%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.