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Summit, SD
Full City Profile · South Dakota · Day County County
2.7
/5.0
C+
Fair
389
Population
707/sq mi density
$57,500
Median Income
$22,774 per capita
$84,000
Home Value
$538,150 Zillow
$775
Median Rent
24.2% income on rent
43°F
Avg Temperature
276 sunny days/yr
449
Violent Crime/100K
1,142 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$57,500 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$84,000 home value, $775/mo rent
F
Safety
1.0 / 5.0
449 violent crimes/100K (18% above avg)
F
Education
1.5 / 5.0
5.8% bachelor's degree or higher
Housing Overview
Median Home Value
$84,000
70% below
US avg: $281,900
Median Rent
$775/mo
33% below
US avg: $1,163/mo
Homeownership Rate
68.4%
5% above US avg (65.4%)
Total Housing Units
135
Median year built: 1944
Home Value by Source
Census Median
$84,000
Zillow (ZHVI)
$538,150
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.4%
Owner-Occupied
31.6%
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:
$775/mo
Affordability & Housing Stock
Rent Burden
24.2%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1944
Average age of housing stock: 82 years
Homeownership Rate
68.4%
Complete Housing Data
Home Values
| Census Median Value | $84,000 |
| Zillow Home Value (ZHVI) | $538,150 |
Rent
| Census Median Rent | $775 |
| 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 | 68.4% |
| Renter-Occupied | 31.6% |
| Homeownership Rate | 68.4% |
| Total Housing Units | 135 |
| Median Year Built | 1944 |
| Rent Burden | 24.2% |