How many households in South Dakota spend too much on housing?
Refreshed annually
About 93,200 households were cost-burdened in 2024. That's 25.3% of all South Dakota households. These households spent at least 30% of their total income on rent or mortgage payments and utilities. The Department of Housing and Urban Development considers households that spend more than 30% of their income on housing to be cost-burdened. Cost-burdened households may have less money for other necessities such as food, healthcare, or savings.
93.2K
South Dakota households were cost burdened in 2024
25.3%
of South Dakota households were cost burdened in 2024
The number of cost-burdened households in South Dakota increased from 77,600 in 2014 to 93,200 in 2024. Cost burden considers both household income and housing costs, so factors affecting either of these can influence the number of burdened households. For example:
- Changes in wages, employment status, or the number of people in a household can impact household income.
- Changes in housing supply/demand or interest rates can affect costs.
A growing or declining US population can also affect the number of cost-burdened households. To counteract this, USAFacts analyzed the percentages of cost-burdened households rather than just the number. This prevents such population changes from skewing the data.
In 2024, 25.3% of South Dakota households were cost burdened, lower than the national average of 33%.
In South Dakota, 25.3% of households were cost burdened in 2024.
Share of households that spent at least 30% of their income on housing, 2005-2024
Cost burden varies for renters and homeowners. For example, during the Great Recession (2007–2009) unemployment rose, millions of homes entered foreclosure, and rental demand increased. By 2010, cost burden had increased among renters while staying flat among homeowner households.
What is the difference in housing cost burden for renters versus homeowners in South Dakota? How does this compare to the US overall?
Since 2014, the proportion of cost-burdened owner households in South Dakota has increased from 17.4% to 18.2% in 2024. Meanwhile, cost burden increased from 39.3% to 41.9% among renter households. In South Dakota, the cost-burdened share owner households was lower and the cost-burdened share of renter households was lower than the national average in 2024.In South Dakota, 41.9% of renter households and 18.2% of owner households were cost burdened in 2024.
Share of households that spent at least 30% of their income on housing, 2005-2024
How high is cost burden for renters in South Dakota cities compared to other US cities?
In 2020–2024, the share of owner households in metro areas that were cost burdened was 23.4%. (Metro areas are made up of a city with at least 50,000 people and the economically and socially interconnected counties.) The metro areas with the highest and lowest share of cost-burdened owner households were the Miami, FL area at 35.1% (highest) and Morgantown, WV area, at 13.2% (lowest).Among the metros at least partially in South Dakota, the highest and lowest were Rapid City, SD area at 23.3% and Sioux Falls, SD area at 16%.
Across metro areas, 23.4% of owner households were cost burdened.
Share of owner households that spent at least 30% of their income on housing, 2020–2024
In 2020–2024, the share of renter households in metro areas that were cost burdened was 51.8%. The metro areas in the US with the highest and lowest share of cost-burdened renter households were the Miami, FL area at 64.2% (highest) and the Sheboygan, WI area, at 34% (lowest). In South Dakota, the highest and lowest were Rapid City, SD area at 45.9% and Sioux Falls, SD area at 40.2%.
Across metro areas, 51.8% of renter households were cost burdened.
Share of renter households that spent at least 30% of their income on housing, 2020–2024
The difference between the cost-burdened share of owner and renter households was narrowest in Rapid City, SD area, where cost burden was 22.6 percentage points higher among renters than owners, and highest in the Sioux City, IA area where the gap was 24.8 percentage points. Within South Dakota overall, the gap was 23.7 percentage points.
Cost-burdened households, South Dakota metro areas (2020–2024)
Metro areas where at least one of its primary counties are within South Dakota
| 1. | Rapid City, SD area | 45.9% |
| 2. | Sioux City, IA area | 42.3% |
| 3. | Sioux Falls, SD area | 40.2% |
Keep exploring
Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
