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Buying a home in Dante, South Dakota

The typical owner-occupied home in Dante is worth about $170,800, 34% below the South Dakota median of $257,400 and 49% below the national median of $332,700. Owners pay a median $1,393 a year in property taxes, about 0.82% of their home's value, lower than the South Dakota rate of 1.06%. The median household earns $106,250 a year, so the median home costs 1.6 times the median income (3.4 times for South Dakota). 81% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.

Dante at a glance

Dante South Dakota U.S.
Median home value $170,800 $257,400 $332,700
Median property tax paid per year $1,393 $2,724 $3,119
Property tax as a share of value 0.82% 1.06% 0.94%
Median household income $106,250 $75,081 $80,734
Homes lived in by their owners 81% 69% 65%
Owner homes with a mortgage 52% 54% 61%
Median monthly costs, owners with a mortgage $1,469 $1,680 $1,963
Those costs as a share of the owners' income 17.1% 20.4% 21.0%
Median rent – $946 $1,413
Rent as a share of renters' income 9.0% 25.9% 30.6%
Median year homes were built 1970 1980 1980
Vacant homes 10.0% 10.5% 10.1%
Population 120 907,428 334,922,499

What a typical home costs per month in Dante

At this week's average 30-year rate of 7.11%, buying the median Dante home of $170,800 with 20% down costs about $1,107 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,392, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $47,446 for the 20%-down payment. That payment is 13% of the median Dante household income of $106,250; at that income and 20% down, the 28% guideline points to a home of about $382,000.

20% down, 30-year conventional loan
Down payment$34,160
Loan amount$136,640
Principal and interest$919
Property taxes (0.82% a year)$117
Homeowners insurance (our estimate, 0.5% a year)$71
PMI$0
Total per month$1,107

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3.5% down, 30-year FHA loan
Down payment$5,978
Loan amount$167,706
Principal and interest$1,128
Property taxes (0.82% a year)$117
Homeowners insurance (our estimate, 0.5% a year)$71
FHA mortgage insurance$76
Total per month$1,392

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Questions about home buying in Dante

What is the median home value in Dante?

About $170,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Dante?

Homeowners pay a median $1,393 a year, which is about 0.82% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Dante?

For the median home with 20% down at 7.11%, the payment is about $1,107 a month. Keeping that under 28% of gross income takes about $47,446 a year.

More about Dante

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data