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Letcher, SD
Full City Profile · South Dakota · Davison County County
2.9
/5.0
C+
Fair
184
Population
297/sq mi density
$67,500
Median Income
$27,208 per capita
$88,000
Home Value
$245,185 Zillow
$755
Median Rent
42.5% income on rent
48°F
Avg Temperature
291 sunny days/yr
436
Violent Crime/100K
3,699 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$67,500 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$88,000 home value, $755/mo rent
F
Safety
1.0 / 5.0
436 violent crimes/100K (15% above avg)
C
Education
2.0 / 5.0
13.0% bachelor's degree or higher
Housing Overview
Median Home Value
$88,000
69% below
US avg: $281,900
Median Rent
$755/mo
35% below
US avg: $1,163/mo
Homeownership Rate
69.4%
6% above US avg (65.4%)
Total Housing Units
80
Median year built: 1948
Home Value by Source
Census Median
$88,000
Zillow (ZHVI)
$245,185
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.4%
Owner-Occupied
30.6%
Renter-Occupied
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
Census median rent:
$755/mo
Affordability & Housing Stock
Rent Burden
42.5%
of renters spending 30%+ of income on housing
37% above US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
69.4%
Complete Housing Data
Home Values
| Census Median Value | $88,000 |
| Zillow Home Value (ZHVI) | $245,185 |
Rent
| Census Median Rent | $755 |
| 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-Occupied | 69.4% |
| Renter-Occupied | 30.6% |
| Homeownership Rate | 69.4% |
| Total Housing Units | 80 |
| Median Year Built | 1948 |
| Rent Burden | 42.5% |