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Housing Affordability in Platte, SD
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 13.4%
- South Dakota 24.4%
- Renters paying 30%+
- 21.6%
- South Dakota 39.8%
- Homeowners paying 30%+
- 10.7%
- South Dakota 17.9%
- Owner costs with a mortgage
- $1,316/mo
- South Dakota $1,680/mo
Platte has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more2521.6%
- Homeowners paying 30% or more3810.7%
- Renters paying 50% or more97.8%
- Median rent as a share of income: 18.2%
- Median owner costs as a share of income, with a mortgage: 21.6%
- Median owner costs without a mortgage: $521/mo
- Median home value divided by median household income: 2.5
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Platte, SD | 13.4% | 21.6% | 10.7% | 18.2% |
| Charles Mix County | 23.7% | 33.1% | 21.0% | 21.7% |
| South Dakota | 24.4% | 39.8% | 17.9% | 25.9% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Platte, SD?
- In Platte, SD, 13.4% of households spend 30% or more of their income on housing costs.
- How does Platte compare with South Dakota?
- The households paying 30%+ for housing in Platte is 13.4%, compared with 24.4% for South Dakota as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates