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ZipNumbers

South Dakota · Census place 43380

Monroe town, SD

Quick answer

Monroe town has 239 residents, ranking #220 of 485 places in South Dakota. Median household income is $37,031, the median home is worth $46,500 and median gross rent runs $697 a month.

Population
239Monroe town residents
Median household income
$37,031Past 12 months, inflation adjusted
Median home value
$46,500Owner-occupied units
Median gross rent
$697Rent plus utilities, monthly
Median age
33.8 yrsAll residents
Homeownership rate
74%Owner-occupied households

What the numbers mean in Monroe town

Housing cost measured against local earnings.

A household earning the Monroe town median would spend about 22.6% 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 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.5% of residents and 74% 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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