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Wolsey

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

Median Home$214,800
Median Rent$707/month
Population506
Leading IndustriesRetail · Construction · Agriculture & Mining21% retail
Home Value Growth⬆⬆⬆+24.0% over 2 years
Retirees22% of residentsnear the national average
Homeowners83% of occupied units
NotableHigh Incomes$87k/year · top 27% nationally
Wolsey
SD

Frequently Asked Questions

What are today's mortgage rates in Wolsey?

As of today, the 30-year fixed mortgage rate for Wolsey is approximately 6.935% (6.973% 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 Wolsey?

The median home value in Wolsey is $215k. The median monthly rent is $707. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wolsey?

Home values in Wolsey have increased 24.0% 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 Wolsey?

Based on a typical all-in ownership cost of $947/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wolsey is $87k/year.

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What industries drive the economy in Wolsey?

The largest employment sectors in Wolsey are retail (21%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.