Spink County Area Home Supply Charts

This page looks at a variety of Spink County South Dakota housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Spink County shows it has a Housing Units of 3,010 which is in the mid point range of other counties in the metropolitan area.

Figure 2 illustrates the housing density in the Spink County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Spink County shows it has a Housing Density of 2.0 which is in the intermediate range of other counties in the metro area. The county with the highest housing density in the area is Brown County which shows a density of 10.4 ( considerably bigger). Comparing housing density to the United States average of 39.5, Spink County is only about 5.1% the size. Also, compared with the state of South Dakota, housing density of 5.2, Spink County is approximately a third the size.

In Figure 4, Spink County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Spink County shows it has a Housing Unit Change of -4.1% which is the third most housing units of all other counties in the greater Spink County region. The county with the highest change in the housing units in the area is Brown County which shows a housing units of 7.0% (70.3% larger). Comparing change in the housing units to the United States average of 7.4%, Spink County is about the same size. Also, compared to the state of South Dakota, change in the housing units of 7.8%, Spink County is about the same size.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Spink County shows it has a Renter Percent of 23.3% which is less than most other counties in the area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 76.7% which is the third most owner percent of all other counties in the greater Spink County region.

Spink County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Spink County home price is illustrated for this community and a useful analysis of affordable housing. Spink County shows it has a Median Home Value of $102,000 which is the second smallest in terms of median home price of all the other counties in the local area. The county with the highest median home price in the area is Brown County which depicts a home price of $170,900 (67.5% larger). Figure 8 provides aggregate comparative data for the Spink County South Dakota metro area in terms of the median housing rental rate, apartment rent, etc. Spink County shows it has a Median Gross Rent of $625 which is in the center range of other counties in the local area. The county with the highest rental rates in the area is Beadle County which shows a rental rates of $726 (16.2% larger). Comparing rental rates to the United States average of $1,163, Spink County is approximately half the size. Also, compared with the state of South Dakota, rental rates of $809, Spink County is approximately three-fourths the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Spink County has one of the largest proportions of home price worth less than $50,000 at 26% of the total and is ranked #3. Only #2 Day County (26%), and #1 Beadle County (28%) are larger. Second, it has the smallest proportion of home price worth between $50,000 to $100,000 at 24% of the total.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Spink County shows it has a Median Owner Cost of $643 which is the second smallest in terms of median ownership cost of all the other counties in the metro area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Spink County metro area. it has a Owner Cost as % of HH Income of 13% which is the smallest in terms of cost as a percent of household income of all the other counties in the greater region. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Spink County shows it has a Median Home Value as Percent of Median Earnings of 230% which is the second smallest as measured by median home value as a percent of median worker earnings of all the other counties in the surrounding region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Spink County shows it has a Median Owner Costs-With Mortgage of $1,150 which is the smallest when ranked by median housing cost of all the other counties in the metropolitan area. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $478 which is in the mid range of other counties in the metro area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Spink County has the largest proportion of owner cost between $300 and $500 at 23% of the total and is ranked #1. Second, it has the smallest proportion of owner cost between $1,000 and $1,500 at 3% of the total.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Spink County depicts it has a % of Income Owner Costs-With Mortgage of 17% which is the smallest when sorted by cost as a percent of household income of all the other counties in the local area. The county with the highest cost as a percent of household income in the area is Clark County which shows a cost as a percent of household income of 21% (23.3% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Spink County depicts it has a % of Income Owner Costs-No Mortgage of 9% which is less than most other counties in the surrounding region. The county with the highest cost as a percent of household income in the area is Day County which shows a cost as a percent of household income of 12% (36.7% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Spink County has the largest proportion of rent as a percent of income is less than 10 pct at 34% of the total and is ranked #1. Second, it has the second smallest in order of rent as a percent of income is less than 10 pct of all the other counties in the metro area in order of rent as a percent of income is between 10pct to 20pct at 8% of the total. Third, it has the smallest proportion of rent as a percent of income is between 20pct to 30pct at 5% of the total. Also, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 12% of the total and is ranked #3. Only #2 Day County (13%), and #1 Brown County (16%) are larger.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Spink County has the largest proportion of housing cost between $300 and $500 at 25% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $1,000 and $1,500 at 2% of the total.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $1,441 which is in the mid range of other counties in the local area. The county with the highest median real estate taxes paid in the area is Brown County which depicts a taxes paid of $2,277 (58.0% larger). Comparing median real estate taxes paid to the United States average of $2,690, Spink County is approximately half the size. Also, measured against the state of South Dakota, median real estate taxes paid of $2,331, Spink County is approximately three-fourths the size.

Figure 22 shows the percentage of renters who pay for utilities in Spink County South Dakota. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Spink County has the smallest proportion of pay extra for utilities at 20% of the total.

Figure 23 shows the rental rate distribution for this area. Spink County South Dakota has one of the largest proportions of rent between 300 and 500 dollars at 37% of the total and is ranked #2. The only larger county being Clark County with 41%.

Spink County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Spink County has the percentage of With HELOC no Primary Mortgage in the mid point range of other counties in the local area at 60% of the total.

Spink County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.4 which is the third most family members per housing unit of all other counties in the greater Spink County region. The county with the highest family members per housing unit in the area is Clark County which depicts a family members per housing unit of 3.6 (only about 4.7% larger). Comparing family members per housing unit to the United States average of 3.3, Spink County is only about 2.8% larger. Also, in comparison with the state of South Dakota, family members per housing unit of 3.2, Spink County is 6.9% larger.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 6.5 which is the second most average number of rooms in a house of all the counties in the greater Spink County region. The county with the highest average number of rooms in a house in the area is Hand County which shows an average number of rooms in a house of 6.6 ( only slightly larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1957 which is the second smallest when ranked by year built of all the other counties in the metro area. The county with the highest year built in the area is Brown County which depicts a year built of 1972 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the smallest proportion of homes built between 1980 to 1989 at 11% of the total. Second, it has one of the largest proportions of homes built between 1940 to 1949 at 38% of the total and is ranked #2. The only larger county being Clark County with 43%.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has one of the largest proportions of owner housing units at 574 of the total and is ranked #3. Only #2 Beadle County (2,356), and #1 Brown County (5,595) are larger.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2014 or later less than most other counties in the metro area at $290,000 of the total. Second, it has less than most other counties in the metropolitan area in order of value of homes built 2010 to 2013 at $220,700 of the total. Third, it has the smallest proportion of value of homes built 2000 to 2009 at $68,000 of the total. Also, it has in the middle range of other counties in the metro area when sorted by value of homes built 1990 to 1999 at $139,400 of the total. In addition, it has less than most other counties in the metropolitan area when ranked by value of homes built 1980 to 1989 at $152,400 of the total. Furthermore, it has the second smallest in order of value of homes built 2014 or later of all the other counties in the local area in terms of value of homes built 1970 to 1979 at $98,600 of the total. Next it has less than most other counties in the greater region when ranked by value of homes built 1960 to 1969 at $78,100 of the total. Additionally, it has less than most other counties in the greater region when ranked by value of homes built 1950 to 1959 at $70,000 of the total. And then, it has the second smallest as measured by value of homes built 2014 or later of all the other counties in the greater region in order of value of homes built 1940 to 1949 at $73,300 of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Spink County residents. it has a Owner-Household Size of 2.7 which is the second most homeowner household size of all the counties in the greater Spink County region. The county with the highest homeowner household size in the area is Clark County which shows a homeowner household size of 2.8 ( only slightly larger).

Figure 37 shows the household size for renters. Spink County depicts it has a Renter-Household Size of 2.1 which is less than most other counties in the metro area. The county with the highest renter household size in the area is Clark County which shows a renter household sizes of 2.5 (15.5% larger). Figure 38 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2015 to 2018 at 14% of the total. Second, it has the largest proportion of owners moved in 2000 to 2009 at 19% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Spink County has the percentage of renters moved in 2019 or later the second smallest as measured by renters moved in 2019 or later of all the other counties in the greater region at 31% of the total. Second, it has the largest proportion of renters moved in 2015 to 2018 at 34% of the total and is ranked #1. Third, it has the largest proportion of renters moved in 1990 to 1999 at 8% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2003 which is less than most other counties in the greater region. Figure 41 compares the median year that renters moved into their home. Spink County depicts it has a Renter Median Year Moved In of 2014 which is the second smallest as measured by median year that a renter moved in of all the other counties in the local area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of home using bottled, tank, or lp gas the second smallest as measured by homes using natural gas of all the other counties in the metro area at 30% of the total. Second, it has the largest proportion of homes using solar energy at 4% of the total and is ranked #1.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Spink County housing department, South Dakota department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Spink County shows it has a Total In Group Quarters of 120 which is in the middle range of other counties in the metro area.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Spink County residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Spink County has the smallest proportion of number of people under 18 years of age and in group quarters at 75% of the total.