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ZipNumbers

South Dakota · Census place 23020

Freeman city, SD

Quick answer

Freeman city has 1,558 residents, ranking #51 of 485 places in South Dakota. Median household income is $60,114, the median home is worth $171,300 and median gross rent runs $741 a month.

Population
1,558Freeman city residents
Median household income
$60,114Past 12 months, inflation adjusted
Median home value
$171,300Owner-occupied units
Median gross rent
$741Rent plus utilities, monthly
Median age
41.2 yrsAll residents
Homeownership rate
75.6%Owner-occupied households

What the numbers mean in Freeman city

Housing cost measured against local earnings.

A household earning the Freeman city median would spend about 14.8% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.9% of residents and 75.6% 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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