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Anderson, SD

Full City Profile · South Dakota · Minnehaha County County

4.2 /5.0
A Great
406 Population 534/sq mi density
$143,705 Median Income $54,068 per capita
$372,300 Home Value $384,029 Zillow
47°F Avg Temperature 291 sunny days/yr
10 Violent Crime/100K 258 property/100K
A
Overall
4.2 / 5.0
Strong
A+
Economy
5.0 / 5.0
$143,705 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$372,300 home value, /mo rent
D
Safety
1.7 / 5.0
10 violent crimes/100K
A+
Education
5.0 / 5.0
54.6% bachelor's degree or higher

Housing Overview

Median Home Value
$372,300
32% above
US avg: $281,900
Homeownership Rate
87.6%
34% above US avg (65.4%)
Total Housing Units
137
Median year built: 1977

Home Value by Source

Census Median
$372,300
Zillow (ZHVI)
$384,029
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.6%
Owner-Occupied
12.4%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo

Affordability & Housing Stock

Rent Burden
25.6%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
87.6%

Complete Housing Data

Home Values

Census Median Value$372,300
Zillow Home Value (ZHVI)$384,029

Rent

FMR Studio$691
FMR 1-Bedroom$784
FMR 2-Bedroom$990
FMR 3-Bedroom$1,295
FMR 4-Bedroom$1,540

Market

Ownership & Stock

Owner-Occupied87.6%
Renter-Occupied12.4%
Homeownership Rate87.6%
Total Housing Units137
Median Year Built1977
Rent Burden25.6%