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Milbank, SD Housing

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As of 2010-2014, median price of a house in Milbank is $96,700, which is lower than the state average of $135,700 and is much lower than the national average of $175,700. The Milbank median house value has grown by 50.62% since 2000. The growth rate for the price of a house in Milbank is lower than the state average rate of 70.48% and is higher than the national average rate of 46.91%. The median year that a house in Milbank was built is 1965, which is older than the median year for a house built in the state which is 1974 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 1,089 Owner Occupied Houses in Milbank, SD, #73

Milbank, SD	96,700 USD
South Dakota	135,700 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #232

Milbank, SD	50.62%
South Dakota	70.48%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Milbank, SD	South Dakota	U.S.
Total Housing Units	1,679, see rank, 100%	369,186	132,741,033
Occupied Housing Units	1,492, 88.86%, see rank	88.60%	87.55%
Owner Occupied	1,089, 64.86%, see rank	60.29%	56.34%
Renter Occupied	403, 24.00%, see rank	28.31%	31.21%
Vacant Housing Units	187, 11.14%, see rank	11.40%	12.45%
For Rent	75, 4.47%, see rank	1.80%	2.34%
For Sale Only	38, 2.26%, see rank	1.07%	1.20%
Rented or Sold, Not Occupied	37, 2.20%, see rank	0.77%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	4.05%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	37, 2.20%, see rank	3.68%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #146

Milbank, SD	South Dakota	U.S.
1965	1974	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Milbank, SD	%	South Dakota	U.S.
Owner-Occupied Units	1,089	100%	222,589	74,787,460
With a Mortgage	628	57.67%, see rank	57.61%	65.58%
Without a Mortgage	461	42.33%, see rank	42.39%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Milbank, SD	932 USD
South Dakota	1,210 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Milbank, SD	%	South Dakota	U.S.
$299 or Less	0	0.00%, see rank	0.27%	0.20%
$300 to $499	45	7.17%, see rank	2.43%	1.59%
$500 to $699	82	13.06%, see rank	7.81%	5.01%
$700 to $999	221	35.19%, see rank	21.16%	14.32%
$1,000 to $1,499	179	28.50%, see rank	38.32%	27.90%
$1,500 to $1,999	78	12.42%, see rank	17.68%	20.35%
$2,000 to $2,999	23	3.66%, see rank	9.65%	19.52%
$3,000 or More	0	0.00%, see rank	2.68%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Milbank, SD	19.80% of the Total Income
South Dakota	21.00% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Milbank, SD	%	South Dakota	U.S.
10% or Less	38	6.05%, see rank	6.97%	5.86%
10% to 20%	286	45.54%, see rank	38.97%	31.95%
20% to 30%	134	21.34%, see rank	30.25%	27.64%
30% to 40%	116	18.47%, see rank	11.46%	13.74%
40% or More	54	8.60%, see rank	11.99%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Milbank, SD	349 USD
South Dakota	425 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Milbank, SD	%	South Dakota	U.S.
$199 or Less	57	12.36%, see rank	7.35%	7.76%
$200 to $299	125	27.11%, see rank	14.74%	14.70%
$300 to $499	180	39.05%, see rank	44.42%	34.63%
$500 to $699	60	13.02%, see rank	22.08%	21.16%
$700 or More	39	8.46%, see rank	11.41%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Milbank, SD	10.90% of the Total Income
South Dakota	10.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Milbank, SD	%	South Dakota	U.S.
10% or Less	222	48.16%, see rank	45.92%	40.19%
10% to 20%	114	24.73%, see rank	31.03%	31.47%
20% to 30%	38	8.24%, see rank	10.85%	12.24%
30% to 40%	50	10.85%, see rank	4.45%	5.64%
40% or More	37	8.03%, see rank	6.86%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Milbank, SD	South Dakota	U.S.
Total Housing Units	1,679, 100%	369,186	132,741,033
1-unit, Detached	1,215, 72.36%, see rank	69.03%	61.65%
1-unit, Attached	33, 1.97%, see rank	3.29%	5.82%
2 Units	0, 0.00%, see rank	1.76%	3.75%
3 or 4 Units	95, 5.66%, see rank	3.42%	4.43%
5 to 9 Units	180, 10.72%, see rank	3.76%	4.78%
10 or More Units	111, 6.61%, see rank	9.87%	13.08%
Mobile Home, Boat, RV, Van, etc.	45, 2.68%, see rank	8.86%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Milbank, SD	South Dakota	U.S.
Total Housing Units	1,679, 100%	369,186	132,741,033
1 Room	14, 0.83%, see rank	1.34%	1.95%
2 Rooms	100, 5.96%, see rank	2.62%	2.48%
3 Rooms	213, 12.69%, see rank	8.18%	9.13%
4 Rooms	149, 8.87%, see rank	16.39%	16.60%
5 Rooms	350, 20.85%, see rank	17.57%	20.41%
6 Rooms	284, 16.91%, see rank	14.84%	18.06%
7 Rooms	147, 8.76%, see rank	12.44%	12.27%
8 Rooms	207, 12.33%, see rank	10.74%	8.48%
9 Rooms or More	215, 12.81%, see rank	15.89%	10.60%
Median Rooms	5.50, see rank	5.80	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Milbank, SD	South Dakota	U.S.
Total Housing Units	1,679, 100%	369,186	132,741,033
No Bedroom	14, 0.83%, see rank	1.49%	2.17%
1 Bedroom	378, 22.51%, see rank	9.70%	11.16%
2 Bedrooms	379, 22.57%, see rank	28.08%	26.69%
3 Bedrooms	536, 31.92%, see rank	34.09%	39.70%
4 Bedrooms	261, 15.54%, see rank	19.37%	16.05%
5 or More Bedrooms	111, 6.61%, see rank	7.26%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Milbank, SD	South Dakota	U.S.
Total Housing Units	1,492, 100%	327,101	116,211,092
Utility Gas	925, 62.00%, see rank	48.20%	48.85%
Bottled, Tank, or LP Gas	28, 1.88%, see rank	16.53%	4.86%
Electricity	425, 28.49%, see rank	28.34%	36.68%
Fuel Oil, Kerosene, etc.	69, 4.62%, see rank	2.70%	5.86%
Coal or Coke	0, 0.00%, see rank	0.08%	0.12%
Wood	45, 3.02%, see rank	1.94%	2.12%
Solar Energy	0, 0.00%, see rank	0.05%	0.05%
Other Fuel	0, 0.00%, see rank	1.52%	0.47%
No Fuel Used	0, 0.00%, see rank	0.63%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Milbank, SD	South Dakota	U.S.
Occupied Units Paying Rent	291, 100%	95,597	39,201,928
$199 or Less	30, 10.31%, see rank	3.76%	1.50%
$200 to $299	39, 13.40%, see rank	5.89%	3.18%
$300 to $499	117, 40.21%, see rank	19.38%	7.37%
$500 to $699	55, 18.90%, see rank	28.86%	16.01%
$700 to $999	43, 14.78%, see rank	27.81%	29.17%
$1,000 to $1,499	7, 2.41%, see rank	11.89%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	1.55%	9.79%
$2,000 or More	0, 0.00%, see rank	0.86%	6.10%
Median	$423, see rank	$648	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Milbank, SD	South Dakota	U.S.
Occupied Housing Units	1,492, 100%	327,101	116,211,092
No Vehicles Available	77, 5.16%, see rank	5.30%	9.12%
1 Vehicles Available	495, 33.18%, see rank	28.60%	33.80%
2 Vehicles Available	592, 39.68%, see rank	37.24%	37.48%
3 or More Vehicles Available	328, 21.98%, see rank	28.87%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.