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Rapid City Metro Area Housing

 

As of 2010-2014, median price of a house in Rapid City Area is $157,300, which is higher than the state average of $135,700 and is lower than the national average of $175,700. The median year that a house in Rapid City Area was built is 1979, which is newer than the median year for a house built in the state which is 1974 and is newer 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 37,659 Owner Occupied Houses in Rapid City Area, #253
Rapid City Area
157,300 USD
South Dakota
135,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Rapid City Area
10.62%
South Dakota
70.48%
U.S.
46.91%

*The Rapid City Area median house price growth rate is since 2005-2009. The South Dakota and U.S population growth rate is since 2000.
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

 Rapid City AreaSouth DakotaU.S.
Total Housing Units61,759, see rank, 100%369,186132,741,033
Occupied Housing Units55,079, 89.18%, see rank88.60%87.55%
Owner Occupied37,659, 60.98%, see rank60.29%56.34%
Renter Occupied17,420, 28.21%, see rank28.31%31.21%
Vacant Housing Units6,680, 10.82%, see rank11.40%12.45%
For Rent1,082, 1.75%, see rank1.80%2.34%
For Sale Only728, 1.18%, see rank1.07%1.20%
Rented or Sold, Not Occupied501, 0.81%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use2,804, 4.54%, see rank4.05%3.97%
For Migrant Workers5, 0.01%, see rank0.03%0.03%
Other Vacant1,560, 2.53%, see rank3.68%4.00%

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

Year Structure Built

Median Built Year, #299
Rapid City AreaSouth DakotaU.S.
197919741976

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

 Rapid City Area%South DakotaU.S.
Owner-Occupied Units37,659100%222,58974,787,460
With a Mortgage23,66762.85%, see rank57.61%65.58%
Without a Mortgage13,99237.15%, 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
Rapid City Area
1,314 USD
South Dakota
1,210 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsRapid City Area%South DakotaU.S.
$299 or Less160.07%, see rank0.27%0.20%
$300 to $4993041.28%, see rank2.43%1.59%
$500 to $6991,1104.69%, see rank7.81%5.01%
$700 to $9993,97616.80%, see rank21.16%14.32%
$1,000 to $1,4999,81141.45%, see rank38.32%27.90%
$1,500 to $1,9994,87620.60%, see rank17.68%20.35%
$2,000 to $2,9992,96412.52%, see rank9.65%19.52%
$3,000 or More6102.58%, see rank2.68%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Rapid City Area
22.90% 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
 Rapid City Area%South DakotaU.S.
10% or Less1,3045.51%, see rank6.97%5.86%
10% to 20%7,93333.52%, see rank38.97%31.95%
20% to 30%7,39331.24%, see rank30.25%27.64%
30% to 40%3,44814.57%, see rank11.46%13.74%
40% or More3,49014.75%, 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
Rapid City Area
460 USD
South Dakota
425 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsRapid City Area%South DakotaU.S.
$199 or Less8776.27%, see rank7.35%7.76%
$200 to $2991,3529.66%, see rank14.74%14.70%
$300 to $4996,10943.66%, see rank44.42%34.63%
$500 to $6993,64726.06%, see rank22.08%21.16%
$700 or More2,00714.34%, see rank11.41%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Rapid City Area
12.20% 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
 Rapid City Area%South DakotaU.S.
10% or Less5,49639.28%, see rank45.92%40.19%
10% to 20%5,21437.26%, see rank31.03%31.47%
20% to 30%1,59211.38%, see rank10.85%12.24%
30% to 40%6464.62%, see rank4.45%5.64%
40% or More9096.50%, 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

 Rapid City AreaSouth DakotaU.S.
Total Housing Units61,759, 100%369,186132,741,033
1-unit, Detached39,540, 64.02%, see rank69.03%61.65%
1-unit, Attached3,009, 4.87%, see rank3.29%5.82%
2 Units1,531, 2.48%, see rank1.76%3.75%
3 or 4 Units2,104, 3.41%, see rank3.42%4.43%
5 to 9 Units1,532, 2.48%, see rank3.76%4.78%
10 or More Units5,761, 9.33%, see rank9.87%13.08%
Mobile Home, Boat, RV, Van, etc.8,282, 13.41%, see rank8.86%6.49%

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

Rooms

 Rapid City AreaSouth DakotaU.S.
Total Housing Units61,759, 100%369,186132,741,033
1 Room891, 1.44%, see rank1.34%1.95%
2 Rooms1,572, 2.55%, see rank2.62%2.48%
3 Rooms5,109, 8.27%, see rank8.18%9.13%
4 Rooms11,496, 18.61%, see rank16.39%16.60%
5 Rooms11,414, 18.48%, see rank17.57%20.41%
6 Rooms9,429, 15.27%, see rank14.84%18.06%
7 Rooms7,839, 12.69%, see rank12.44%12.27%
8 Rooms6,125, 9.92%, see rank10.74%8.48%
9 Rooms or More7,884, 12.77%, see rank15.89%10.60%
Median Rooms5.50, see rank5.805.50

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

Bedrooms

 Rapid City AreaSouth DakotaU.S.
Total Housing Units61,759, 100%369,186132,741,033
No Bedroom1,056, 1.71%, see rank1.49%2.17%
1 Bedroom5,073, 8.21%, see rank9.70%11.16%
2 Bedrooms18,374, 29.75%, see rank28.08%26.69%
3 Bedrooms22,840, 36.98%, see rank34.09%39.70%
4 Bedrooms10,912, 17.67%, see rank19.37%16.05%
5 or More Bedrooms3,504, 5.67%, see rank7.26%4.22%

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

House Heating Fuel

 Rapid City AreaSouth DakotaU.S.
Total Housing Units55,079, 100%327,101116,211,092
Utility Gas30,200, 54.83%, see rank48.20%48.85%
Bottled, Tank, or LP Gas5,891, 10.70%, see rank16.53%4.86%
Electricity16,174, 29.37%, see rank28.34%36.68%
Fuel Oil, Kerosene, etc.315, 0.57%, see rank2.70%5.86%
Coal or Coke33, 0.06%, see rank0.08%0.12%
Wood1,775, 3.22%, see rank1.94%2.12%
Solar Energy0, 0.00%, see rank0.05%0.05%
Other Fuel494, 0.90%, see rank1.52%0.47%
No Fuel Used197, 0.36%, see rank0.63%1.00%

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

Gross Rent

Monthly RentalRapid City AreaSouth DakotaU.S.
Occupied Units Paying Rent16,161, 100%95,59739,201,928
$199 or Less374, 2.31%, see rank3.76%1.50%
$200 to $299853, 5.28%, see rank5.89%3.18%
$300 to $4991,936, 11.98%, see rank19.38%7.37%
$500 to $6993,435, 21.25%, see rank28.86%16.01%
$700 to $9995,501, 34.04%, see rank27.81%29.17%
$1,000 to $1,4993,347, 20.71%, see rank11.89%26.88%
$1,500 to $1,999611, 3.78%, see rank1.55%9.79%
$2,000 or More104, 0.64%, see rank0.86%6.10%
Median$779, see rank$648$920

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

Vehicle Available

 Rapid City AreaSouth DakotaU.S.
Occupied Housing Units55,079, 100%327,101116,211,092
No Vehicles Available2,408, 4.37%, see rank5.30%9.12%
1 Vehicles Available15,547, 28.23%, see rank28.60%33.80%
2 Vehicles Available20,479, 37.18%, see rank37.24%37.48%
3 or More Vehicles Available16,645, 30.22%, see rank28.87%19.61%

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


 
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