Housing costs in Wayne township (Hanson County)?
A typical home costs
$332,200, which is 1.7% less expensive than the national average of
$338,100 and 24.0% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Wayne township (Hanson County) costs
$800 per month, which is 44.1% more than the national average of
$1,430 and 13.8% cheaper than the state average of
$910.
Can I afford Wayne township (Hanson County)?
To live comfortably in Wayne township (Hanson County), South Dakota, a minimum annual income of
$63,720 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Wayne township (Hanson County)?
The cost of living in Wayne Township (Hanson County), SD is relatively low, making it an attractive place to live for those on a tight budget. Housing is particularly affordable with the median home price in 2017 sitting at just around $93,000. The median household income was reported as $52,743 in 2017, which is significantly lower than the national median income of $61,372. Fortunately, due to the low cost of housing and other living expenses, residents can still afford to live comfortably within their means. Utilities and transportation costs are also quite low compared to other areas of the country. Additionally, there are several tax incentives available for residence which helps to reduce their overall cost of living even further.