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Some quick facts on South Dakota owner occupied homes with a mortgage:
The median South Dakota home price is $108,646.
79.1% of South Dakota home owners have only a single mortgage.
Only 0.7% of home owners in South Dakota have both a second mortgage and a home equity loan.
While the median income for all of South Dakota is $49,380, the median income for owner occupied South Dakota homes with a mortgage is $55,943.
The median monthly South Dakota housing cost is $952.
South Dakota Median Annual real estate taxes are $1,504.
While the national average Expedian Credit score is 678, the average for South Dakota is 710.
Non-business bankruptcies in South Dakota have gone from 2,542 in 2000 to 2,713 in 2004.
The Division of Banking regulates mortgage lenders and mortgage brokers. South Dakota’s licensee list is available from Tammi Watkins at (605) 773-3421. A list of the licensees is also available on the Division’s web site.
South Dakota’s licensing statute for mortgage lenders and mortgage brokers was originally enacted in 19872.
South Dakota Counties:
Aurora County, Beadle County, Bennett County, Bon Homme County,
Brookings County, Brown County, Brule County, Buffalo County, Butte
County, Campbell County, Charles Mix County, Clark County, Clay
County, Codington County, Corson County, Custer County, Davison
County, Day County, Deuel County, Dewey County, Douglas County,
Edmunds County, Fall River County, Faulk County, Grant County, Gregory
County, Haakon County, Hamlin County, Hand County, Hanson County,
Harding County, Hughes County, Hutchinson County, Hyde County, Jackson
County, Jerauld County, Jones County, Kingsbury County, Lake County,
Lawrence County, Lincoln County, Lyman County, McCook County, McPherson
County, Marshall County, Meade County, Mellette County, Miner County,
Minnehaha County, Moody County, Pennington County, Perkins County,
Potter County, Roberts County, Sanborn County, Shannon County, Spink
County, Stanley County, Sully County, Todd County, Tripp County,
Turner County, Union County, Walworth County, Yankton County, Ziebach
County
Source: US Census Bureau 2004 American Community Survey
Source: Coalition for Mortgage reform (www.mortgagereform.org)
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