The typical owner-occupied home in Roscoe is worth about $74,000, 71% below the South Dakota median of $257,400 and 78% below the national median of $332,700. Owners pay a median $813 a year in property taxes, about 1.10% of their home's value, close to the South Dakota rate of 1.06%. The median household earns $38,750 a year, so the median home costs 1.9 times the median income (3.4 times for South Dakota). 100% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Roscoe at a glance
| Roscoe | South Dakota | U.S. | |
|---|---|---|---|
| Median home value | $74,000 | $257,400 | $332,700 |
| Median property tax paid per year | $813 | $2,724 | $3,119 |
| Property tax as a share of value | 1.10% | 1.06% | 0.94% |
| Median household income | $38,750 | $75,081 | $80,734 |
| Homes lived in by their owners | 100% | 69% | 65% |
| Owner homes with a mortgage | 58% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $927 | $1,680 | $1,963 |
| Those costs as a share of the owners' income | 30.0% | 20.4% | 21.0% |
| Median rent | – | $946 | $1,413 |
| Median year homes were built | 1955 | 1980 | 1980 |
| Vacant homes | 11.3% | 10.5% | 10.1% |
| Population | 316 | 907,428 | 334,922,499 |
What a typical home costs per month in Roscoe
At this week's average 30-year rate of 7.11%, buying the median Roscoe home of $74,000 with 20% down costs about $497 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $620, 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 $21,296 for the 20%-down payment. That payment is 15% of the median Roscoe household income of $38,750; at that income and 20% down, the 28% guideline points to a home of about $135,000.
| Down payment | $14,800 |
|---|---|
| Loan amount | $59,200 |
| Principal and interest | $398 |
| Property taxes (1.10% a year) | $68 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| PMI | $0 |
| Total per month | $497 |
Change the numbers in the calculator
| Down payment | $2,590 |
|---|---|
| Loan amount | $72,660 |
| Principal and interest | $489 |
| Property taxes (1.10% a year) | $68 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| FHA mortgage insurance | $33 |
| Total per month | $620 |
Change the numbers in the calculator
Questions about home buying in Roscoe
What is the median home value in Roscoe?
About $74,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Roscoe?
Homeowners pay a median $813 a year, which is about 1.10% 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 Roscoe?
For the median home with 20% down at 7.11%, the payment is about $497 a month. Keeping that under 28% of gross income takes about $21,296 a year.
More about Roscoe
- Mortgage Refinance in Roscoe
- Debt Relief in Roscoe
- Home Equity Loans in Roscoe
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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