Around the Nation -- Residential Real Estate Update - South Dakota

By Jeff Adolph

State-by-state

Situated in the Midwestern region of the U.S.A, this state is ranked as the 46th largest by population with 758,844 people residing in this region.

The service industry is the largest economic contributor in this state, this includes health care, retail and the financial sectors. Agricultural outputs include soybeans, hogs, wheat, cattle and corn.

this state has no income tax, and charges a slaes tax of 4%. State revenue does not collect property tax however the local government do, and property owners in this state may betaxed by 1 or more units, such as counties, school districts etc. Assessment is at market value and the prices are capped at last years value plus 3% CPI.

Soiux Falls

House medians in this area are around $119,200 with home appreciation riseing by 5.2% compared to this time last year. Median rental rates are around the $685 mark with 74% of home sin this region owned and 26%rented. Housing affordability in this area hovers around the 56% mark, which is below the national average.

LGBT Real Estate Facts: There are approximately 826 same-sex couples residing in South Dakota making this region the 50th gayest state in America. The gayest zip codes in this locality are 57103, 57104, and 57105 Sioux Falls; 57201 Watertown; 57401 aberdeen; 57701 and 57702 Rapid City. -- gaydemographics.com

Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com

Picture Source: wikipedia.org

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By Jeff Adolph

State-by-state

Situated in the Midwestern region of the U.S.A, this state is ranked as the 46th largest by population with 758,844 people residing in this region.

The service industry is the largest economic contributor in this state, this includes health care, retail and the financial sectors. Agricultural outputs include soybeans, hogs, wheat, cattle and corn.

this state has no income tax, and charges a slaes tax of 4%. State revenue does not collect property tax however the local government do, and property owners in this state may betaxed by 1 or more units, such as counties, school districts etc. Assessment is at market value and the prices are capped at last years value plus 3% CPI.

Soiux Falls

House medians in this area are around $119,200 with home appreciation riseing by 5.2% compared to this time last year. Median rental rates are around the $685 mark with 74% of home sin this region owned and 26%rented. Housing affordability in this area hovers around the 56% mark, which is below the national average.

LGBT Real Estate Facts: There are approximately 826 same-sex couples residing in South Dakota making this region the 50th gayest state in America. The gayest zip codes in this locality are 57103, 57104, and 57105 Sioux Falls; 57201 Watertown; 57401 aberdeen; 57701 and 57702 Rapid City. -- gaydemographics.com

Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com

Picture Source: wikipedia.org

-----------------------------------------------------------------

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

Comments

[Lynn Robertson]

Hi Jeff,

I love what you are doing here. As an owner of a Real Estate Agency and a lesbian I am encouraged by web sites like yours.

Seattle is a wonderfully diverse city in which many LGBT couples can enjoy an atmosphere of openness and acceptance.

Thank you for this wonderful resource!!! Keep up the great work!