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Rental Insights for ZIP Code 57260 (Rosholt, SD)

Housing Rentals in ZIP Code 57260 (Rosholt, SD)

57260 ZIP Code in South Dakota

A Deep Analysis of Housing Rentals in the ZIP Code 57260

The 57260 ZIP Code is principally located in Rosholt, SD in Roberts County. The estimated median housing rent in this region of South Dakota is $633 per month. About 15.4% of housing units in this Roberts County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 57260 of $633 per month is 15% lower than the aggregate South Dakota median monthly rent of $747, and is 40% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 48.0% of residents in ZIP Code 57260 have a monthly rent payment between $500 and $999. That is 17% lower than in South Dakota overall, in which 57.6% of total state residents pay between $500 and $999 per month for housing. Just 14.0% of renters in this Rosholt, SD region pay between $1,000 and $1,499 for monthly rent.

ZIP Code 57260 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 57260

See the chart below for a comparison of monthly rental costs in ZIP Code 57260, South Dakota, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 57260 along with those in the state of South Dakota and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 57260

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 57260 South Dakota U.S.
Less than $500 38.0% 19.7% 9.4%
$500 to $999 48.0% 57.6% 36.2%
$1,000 to $1,499 14.0% 17.6% 30.0%
$1,500 to $1,999 0.0% 3.3% 14.0%
$2,000 to $2,499 0.0% 0.7% 5.6%
$2,500 to $2,999 0.0% 0.4% 2.4%
$3,000 or more 0.0% 0.7% 2.4%

Rent Cost vs. Income in ZIP Code 57260

Renters in ZIP Code 57260 use an estimated 25.15% of their income to cover their monthly rent payments. That is about 7% lower than in South Dakota overall. The estimate for South Dakota overall is 27.05% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 57260 renters use about 16% less of their income to cover rent expense. Household income figures for ZIP Code 57260 come in higher than in South Dakota as a whole. The median annual household income in ZIP Code 57260 of $66,667 sits approximately 14% higher than the overall South Dakota median income of $58,275 and approximately 6% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 57260

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 57260, South Dakota, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 57260 along with the same calculations in the state of South Dakota and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 57260

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 57260 South Dakota U.S.
Less than 15.0 percent 26.0% 18.8% 13.1%
15.0 to 19.9 percent 24.0% 15.6% 12.9%
20.0 to 24.9 percent 4.0% 14.5% 12.9%
25.0 to 29.9 percent 14.0% 11.2% 11.6%
30.0 to 34.9 percent 0.0% 8.6% 9.1%
35.0 percent or more 32.0% 31.3% 40.5%

Household Income in ZIP Code 57260

See the table below for the regional comparison of annual household income in ZIP Code 57260.

Income ZIP 57260 South Dakota U.S.
Less than $10,000 2.0% 5.4% 6.0%
$10,000 to $14,999 2.0% 4.5% 4.3%
$15,000 to $24,999 8.7% 9.0% 8.9%
$25,000 to $34,999 9.8% 10.2% 8.9%
$35,000 to $49,999 12.0% 13.6% 12.3%
$50,000 to $74,999 20.7% 19.4% 17.2%
$75,000 to $99,999 15.1% 14.6% 12.7%
$100,000 to $149,999 17.3% 14.4% 15.1%
$150,000 to $199,999 8.9% 4.7% 6.8%
$200,000 or more 3.6% 4.2% 7.7%

Household Income in ZIP Code 57260

See the chart below for a comparison of annual household income figures in ZIP Code 57260, South Dakota, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 57260 alongside the same figures for the state of South Dakota and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 57260

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 57260.

ZIP 57260 South Dakota U.S.
Median Housing Rent $633 $747 $1,062
Renter-Occupied Housing Units 15.4% 32.2% 36.0%
Rental Vacancy Rate 0.0% 6.7% 6.0%
Average Size of Renter-Occupied Unit 1.38 2.20 2.49
Average # of Bedrooms Per Unit 3.1 2.91 2.75
Percent of Income Spent on Rent 25.15% 27.05% 29.83%
Per Capita Income $31,985 $30,773 $34,103
Median Household Income $78,823 $76,240 $88,607
Living Below the Poverty Line 8.3% 8.1% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 57260

In ZIP Code 57260 (Rosholt, SD), and estimated 15.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 57260 is estimated at $31,985, which goes along with an estimated median household income of $78,823. About 8.3% of residents in this Roberts County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.38 occupants, while the units have an aggregate average size of 3.1 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 25.15% of their income on housing rental costs.

Rental FAQs for ZIP Code 57260

1

What is the median monthly rent in ZIP Code 57260?

Median rent for housing in ZIP Code 57260 in Roberts County in South Dakota is approximately $633 per month.
2

Is it expensive to rent in ZIP Code 57260?

Rent in ZIP Code 57260 is lower than average in the state of South Dakota overall. The median monthly rent of $633 in ZIP Code 57260 is approximately 15% lower than the South Dakota median of $747. Additionally, median rent in this Rosholt, SD region ($633) is about 40% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 57260?

High-priced rentals are not common in the Rosholt, SD ZIP Code of 57260, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of South Dakota overall, approximately 0.7% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 57260?

Affordable rentals are more common in ZIP Code 57260 than in South Dakota overall. The percentage of housing rentals in ZIP Code 57260 costing $999 or less per month (86%) is approximately 11% higher than the South Dakota rate of 77.3% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 89% lower than the previously mentioned 57260 rate of 86%.
5

What is the most common cost range that rentals fall into in ZIP Code 57260?

The most common range for rental cost in ZIP Code 57260 is between $500 and $999 per month. About 48.0% of renters in 57260 pay in this range for monthly rent. In comparison, approximately 57.6% of renters in the state of South Dakota fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 57260 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 57260 is lower than the rental vacancy rate in the state of South Dakota overall. Rental vacancy of 0.0% in ZIP Code 57260 is about 100% lower than the South Dakota rate of 6.7%. Looking more broadly, rental vacancy in this Rosholt, SD region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 57260? How does it compare to other South Dakota regions?

Median household income in ZIP Code 57260 is higher than in the state of South Dakota overall. Annual household income of $66,667 in ZIP Code 57260 is about 14% higher than the South Dakota median of $58,275. Additionally, median household income in this Rosholt, SD region ($66,667) is approximately 6% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 57260 spend on housing costs?

Renters in ZIP Code 57260 spend a lower amount of their income on rent costs than do renters in South Dakota overall. Renters in ZIP Code 57260 spend an estimated 25.15% of their income on rent payments, which is about 7% lower than the overall South Dakota estimated rate of 27.05%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 16% higher than the ZIP Code 57260 estimated rate of 25.15%.
9

Do renters in ZIP Code 57260 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 57260 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 57260 spending 30 percent or more of their income on rent costs (32%) is approximately 20% lower than the South Dakota rate of 39.9% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 35% higher than the aforementioned 57260 rate of 32%.
10

What is the average household size of renter-occupied units in ZIP Code 57260?

The average household size of renter-occupied units in ZIP Code 57260 is lower than in the state of South Dakota overall. Annual household size of 1.38 in ZIP Code 57260 is about 37% lower than the South Dakota median of 2.20. Additionally, median household size in this Rosholt, SD region (1.38) is approximately 45% lower than median household size of 2.49 in the U.S. as a whole.