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Milbank, SD Housing

 
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As of 2010-2014, median price of a house in Milbank is $96,700, which is lower than the state average of $135,700 and is much lower than the national average of $175,700. The Milbank median house value has grown by 50.62% since 2000. The growth rate for the price of a house in Milbank is lower than the state average rate of 70.48% and is higher than the national average rate of 46.91%. The median year that a house in Milbank was built is 1965, which is older than the median year for a house built in the state which is 1974 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,089 Owner Occupied Houses in Milbank, SD, #73
Milbank, SD
96,700 USD
South Dakota
135,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #232
Milbank, SD
50.62%
South Dakota
70.48%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Milbank, SDSouth DakotaU.S.
Total Housing Units1,679, see rank, 100%369,186132,741,033
Occupied Housing Units1,492, 88.86%, see rank88.60%87.55%
Owner Occupied1,089, 64.86%, see rank60.29%56.34%
Renter Occupied403, 24.00%, see rank28.31%31.21%
Vacant Housing Units187, 11.14%, see rank11.40%12.45%
For Rent75, 4.47%, see rank1.80%2.34%
For Sale Only38, 2.26%, see rank1.07%1.20%
Rented or Sold, Not Occupied37, 2.20%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank4.05%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant37, 2.20%, see rank3.68%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #146
Milbank, SDSouth DakotaU.S.
196519741976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Milbank, SD%South DakotaU.S.
Owner-Occupied Units1,089100%222,58974,787,460
With a Mortgage62857.67%, see rank57.61%65.58%
Without a Mortgage46142.33%, see rank42.39%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Milbank, SD
932 USD
South Dakota
1,210 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMilbank, SD%South DakotaU.S.
$299 or Less00.00%, see rank0.27%0.20%
$300 to $499457.17%, see rank2.43%1.59%
$500 to $6998213.06%, see rank7.81%5.01%
$700 to $99922135.19%, see rank21.16%14.32%
$1,000 to $1,49917928.50%, see rank38.32%27.90%
$1,500 to $1,9997812.42%, see rank17.68%20.35%
$2,000 to $2,999233.66%, see rank9.65%19.52%
$3,000 or More00.00%, see rank2.68%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Milbank, SD
19.80% of the Total Income
South Dakota
21.00% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Milbank, SD%South DakotaU.S.
10% or Less386.05%, see rank6.97%5.86%
10% to 20%28645.54%, see rank38.97%31.95%
20% to 30%13421.34%, see rank30.25%27.64%
30% to 40%11618.47%, see rank11.46%13.74%
40% or More548.60%, see rank11.99%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Milbank, SD
349 USD
South Dakota
425 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMilbank, SD%South DakotaU.S.
$199 or Less5712.36%, see rank7.35%7.76%
$200 to $29912527.11%, see rank14.74%14.70%
$300 to $49918039.05%, see rank44.42%34.63%
$500 to $6996013.02%, see rank22.08%21.16%
$700 or More398.46%, see rank11.41%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Milbank, SD
10.90% of the Total Income
South Dakota
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Milbank, SD%South DakotaU.S.
10% or Less22248.16%, see rank45.92%40.19%
10% to 20%11424.73%, see rank31.03%31.47%
20% to 30%388.24%, see rank10.85%12.24%
30% to 40%5010.85%, see rank4.45%5.64%
40% or More378.03%, see rank6.86%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Milbank, SDSouth DakotaU.S.
Total Housing Units1,679, 100%369,186132,741,033
1-unit, Detached1,215, 72.36%, see rank69.03%61.65%
1-unit, Attached33, 1.97%, see rank3.29%5.82%
2 Units0, 0.00%, see rank1.76%3.75%
3 or 4 Units95, 5.66%, see rank3.42%4.43%
5 to 9 Units180, 10.72%, see rank3.76%4.78%
10 or More Units111, 6.61%, see rank9.87%13.08%
Mobile Home, Boat, RV, Van, etc.45, 2.68%, see rank8.86%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Milbank, SDSouth DakotaU.S.
Total Housing Units1,679, 100%369,186132,741,033
1 Room14, 0.83%, see rank1.34%1.95%
2 Rooms100, 5.96%, see rank2.62%2.48%
3 Rooms213, 12.69%, see rank8.18%9.13%
4 Rooms149, 8.87%, see rank16.39%16.60%
5 Rooms350, 20.85%, see rank17.57%20.41%
6 Rooms284, 16.91%, see rank14.84%18.06%
7 Rooms147, 8.76%, see rank12.44%12.27%
8 Rooms207, 12.33%, see rank10.74%8.48%
9 Rooms or More215, 12.81%, see rank15.89%10.60%
Median Rooms5.50, see rank5.805.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Milbank, SDSouth DakotaU.S.
Total Housing Units1,679, 100%369,186132,741,033
No Bedroom14, 0.83%, see rank1.49%2.17%
1 Bedroom378, 22.51%, see rank9.70%11.16%
2 Bedrooms379, 22.57%, see rank28.08%26.69%
3 Bedrooms536, 31.92%, see rank34.09%39.70%
4 Bedrooms261, 15.54%, see rank19.37%16.05%
5 or More Bedrooms111, 6.61%, see rank7.26%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Milbank, SDSouth DakotaU.S.
Total Housing Units1,492, 100%327,101116,211,092
Utility Gas925, 62.00%, see rank48.20%48.85%
Bottled, Tank, or LP Gas28, 1.88%, see rank16.53%4.86%
Electricity425, 28.49%, see rank28.34%36.68%
Fuel Oil, Kerosene, etc.69, 4.62%, see rank2.70%5.86%
Coal or Coke0, 0.00%, see rank0.08%0.12%
Wood45, 3.02%, see rank1.94%2.12%
Solar Energy0, 0.00%, see rank0.05%0.05%
Other Fuel0, 0.00%, see rank1.52%0.47%
No Fuel Used0, 0.00%, see rank0.63%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMilbank, SDSouth DakotaU.S.
Occupied Units Paying Rent291, 100%95,59739,201,928
$199 or Less30, 10.31%, see rank3.76%1.50%
$200 to $29939, 13.40%, see rank5.89%3.18%
$300 to $499117, 40.21%, see rank19.38%7.37%
$500 to $69955, 18.90%, see rank28.86%16.01%
$700 to $99943, 14.78%, see rank27.81%29.17%
$1,000 to $1,4997, 2.41%, see rank11.89%26.88%
$1,500 to $1,9990, 0.00%, see rank1.55%9.79%
$2,000 or More0, 0.00%, see rank0.86%6.10%
Median$423, see rank$648$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Milbank, SDSouth DakotaU.S.
Occupied Housing Units1,492, 100%327,101116,211,092
No Vehicles Available77, 5.16%, see rank5.30%9.12%
1 Vehicles Available495, 33.18%, see rank28.60%33.80%
2 Vehicles Available592, 39.68%, see rank37.24%37.48%
3 or More Vehicles Available328, 21.98%, see rank28.87%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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