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Draper town, SD

ZIP 57531 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 57531

Median Home Value
$57,200
Median Rent
N/A
Affordability Snapshot
$16,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$367/mo PITI).

1.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

To comfortably buy a median-priced home in ZIP 57531 in Draper town, SD, a household would need roughly $16,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $367. That sits below the local median household income ($54,000), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
76.3%+17% vs US avg
x
Vacancy Rate
9.5%-8% vs US avg
x
Broadband Access
68.4%-21% vs US avg
x
4+ Bedrooms
19.1%+29% vs US avg
x
Built Pre-1939
4.8%-63% vs US avg
x
Built Post-2014
2.4%-66% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
86.2%+126% vs US avg
x
$57,200
Home Value
N/A
Rent
1975
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached88.1%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other11.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$57,200
Median rent$-666,666,666
Owner-occupied76.3%
Vacant9.5%
Price-to-income1.1x
Est. income to buy$16,000