How much do homeowners pay a month in Spring Valley Township (McCook County), SD?
Homeowners with a mortgage in Spring Valley Township (McCook County), SD pay a median of $2,570 (±$271) a month in selected owner costs (2020–2024 American Community Survey).
63.0% of owned homes carry a mortgage.
In Spring Valley Township (McCook County), the median monthly cost with a mortgage went from $1,491 in 2015–2019 to $2,570 in 2020–2024 (+72.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $2,570 (±$271)
- Owned with a mortgage
- 63.0%
Monthly owner costs in Spring Valley Township (McCook County)
| Spring Valley Township (McCook County) | McCook County | South Dakota | United States | |
|---|---|---|---|---|
| With a mortgage | $2,570 (±$271) | $1,662 (±$185) | $1,680 (±$15) | $1,963 |
| Without a mortgage | — | $605 (±$31) | $617 (±$7) | $638 |
| Owned homes with a mortgage | 63.0% (±14.0 points) | 53.7% (±2.9 points) | 54.5% (±0.4 points) | 60.6% |
| Median real estate taxes (a year) | $3,382 (±$488) | $2,444 (±$158) | $2,724 (±$28) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Spring Valley Township (McCook County), the median cost with a mortgage is higher than in McCook County ($1,662).
It is also higher than in South Dakota ($1,680).
It is higher than the national figure ($1,963).
In McCook County, Spring Valley Township (McCook County) ranks 2 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 40 of 497.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Spring Valley Township (McCook County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,491 (±$130) | $2,570 (±$271) | +72.4% | Up after inflation |
| Median real estate taxes | $1,920 (±$630) | $3,382 (±$488) | +76.1% | Up after inflation |
| Median home value | $255,900 (±$20,690) | $409,400 (±$185,282) | +60.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Spring Valley Township (McCook County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Spring Valley Township (McCook County) | — | $2,570 (±$271) | — |
| Monroe | 4.2 mi | $690 (±$365) | Lower |
| Greenland Township | 5.5 mi | $2,300 (±$849) | Not measurably different |
| Monroe Township | 5.7 mi | $2,625 (±$1,840) | Not measurably different |
| Wellington Township | 5.7 mi | $2,627 (±$292) | Not measurably different |
| Canistota | 6.4 mi | $1,191 (±$87) | Lower |
| Brothersfield Township | 6.9 mi | $1,638 (±$868) | Lower |
| Humboldt Township | 8.4 mi | $1,625 (±$708) | Lower |
| Canistota Township | 8.5 mi | $2,036 (±$374) | Lower |
Nearby places with a measurably lower figure: Monroe, SD ($690), Canistota, SD ($1,191), Brothersfield Township, SD ($1,638).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across McCook County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Richland Township (McCook County) | $3,121 (±$172) |
| 2 | Spring Valley Township (McCook County) | $2,570 (±$271) |
| 3 | Montrose Township | $2,364 (±$387) |
| 4 | Greenland Township | $2,300 (±$849) |
| 5 | Sun Prairie Township | $2,207 (±$70) |
| 6 | Bridgewater Township | $2,125 (±$288) |
| 7 (tie) | Canistota Township | $2,036 (±$374) |
| 7 (tie) | Union Township (McCook County) | $2,036 (±$446) |
Showing 8 of 16 places in McCook County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Spring Valley Township (McCook County)
What is the average mortgage payment in Spring Valley Township (McCook County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Spring Valley Township (McCook County), SD is $2,570 (±$271) a month, including taxes, insurance and utilities.
Has the cost of owning a home in Spring Valley Township (McCook County) gone up?
In Spring Valley Township (McCook County), the median monthly cost with a mortgage went from $1,491 in 2015–2019 to $2,570 in 2020–2024 (+72.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring Valley township, McCook County, South Dakota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Spring Valley township, McCook County, South Dakota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Spring Valley township, McCook County, South Dakota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Spring Valley township, McCook County, South Dakota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Spring Valley township, McCook County, South Dakota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Spring Valley township, McCook County, South Dakota (county subdivision:61060, in state:46 county:087).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Spring Valley Township (McCook County) at a glance
- Home values in Spring Valley Township (McCook County)
- Property taxes in Spring Valley Township (McCook County)
- Commute and cars in Spring Valley Township (McCook County)
- South Dakota landlord and tenant rules
- Housing across McCook County
- Housing data for every place in South Dakota