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ZipNumbers

South Dakota · Census place 11380

Chancellor town, SD

Quick answer

Chancellor town has 365 residents, ranking #185 of 485 places in South Dakota. Median household income is $64,750, the median home is worth $137,500 and median gross rent runs $650 a month.

Population
365Chancellor town residents
Median household income
$64,750Past 12 months, inflation adjusted
Median home value
$137,500Owner-occupied units
Median gross rent
$650Rent plus utilities, monthly
Median age
28.6 yrsAll residents
Homeownership rate
69.5%Owner-occupied households

What the numbers mean in Chancellor town

Housing cost measured against local earnings.

A household earning the Chancellor town median would spend about 12% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.1% of residents and 69.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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