Housing costs in Lake Norden?
A typical home costs
$292,600, which is 13.5% less expensive than the national average of
$338,100 and 9.2% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lake Norden costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 2.2% cheaper than the state average of
$910.
Can I afford Lake Norden?
To live comfortably in Lake Norden (zip 57248), South Dakota, a minimum annual income of
$56,160 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Lake Norden?
The cost of living in 57248 Lake Norden, SD is quite reasonable compared to the national average. The median home value in the area is $115,800, which is lower than the national average, and a median family income of $53,125. The cost of groceries and health care are comparable to other areas in South Dakota. In addition, the unemployment rate in this area is only about 4%. Overall, Lake Norden offers a cost of living that’s fairly low compared to many other parts of the country.