Planting in no-till cropland in eastern South Dakota - Photo by USDA NRCS / WC / Public Domain
Downtown Rapid City, South Dakota - Photo by Kevin Gabbert / WC / Public Domain
Sheridan Lake Marina near Rapid City - Photo by Sheridanmarina / WC / Public Domain
Special Interest
Housing in Pennington County
The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2023
Almost half of renters in the United States pay 1/3 or more of their monthly income for rent (third column above). Compare that with rent in Pennington County and South Dakota in the first two columns. The optimal rent to household income ratio is 25% to 28% or less. When you pay more than 30% of your income towards rent, your ability to pay for food, transportation, health care, education, and savings becomes increasingly difficult.
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How affordable is housing in Pennington County?
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