Huron, SD

Very Low · 57

South Dakota · Population 14,347 · Updated March 2026

$839
Median Rent / Month
$51,556
Median Income
$164,700
Median Home Value
$860
Owner Costs / Month

Affordability

How far your income goes in Huron

19.5%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in South Dakota

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
4.2%
Sales Tax
1.28%
Property Tax Rate

Estimated Annual Costs

$10,068
Annual Rent
$0
State Income Tax
$2,108
Property Tax (est.)

Cost of Living Overview

Huron is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 57 (where 100 equals the national median), Huron residents can expect to pay median rent of $839/month while earning a median household income of $51,556/year.

The median home value in Huron, SD is $164,700, with typical monthly owner costs around $860 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.5% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

South Dakota has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 4.2% sales tax rate and 1.28% effective property tax rate, the overall tax environment helps keep costs manageable in Huron.

Frequently Asked Questions

Common questions about living costs in Huron

What is the cost of living in Huron, SD?
The cost of living index in Huron, SD is 57 (US average = 100). Median monthly rent is $839, median household income is $51,556/year, and the median home value is $164,700.
Is Huron, SD affordable?
Yes, Huron is more affordable than the national average with a cost index of 57. The rent-to-income ratio is 19.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Huron, SD?
The median gross rent in Huron, SD is $839 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,068.
What is the median household income in Huron?
The median household income in Huron, SD is $51,556 per year. This compares to the national median of approximately $80,000.
What are the taxes like in South Dakota?
South Dakota has a top income tax rate of 0%, a sales tax of 4.2%, and an effective property tax rate of 1.28%. Notably, there is no state income tax.