The typical owner-occupied home in Harrold is worth about $77,500, 70% below the South Dakota median of $257,400 and 77% below the national median of $332,700. Owners pay a median $820 a year in property taxes, about 1.06% of their home's value, close to the South Dakota rate of 1.06%. The median household earns $58,750 a year, so the median home costs 1.3 times the median income (3.4 times for South Dakota). 64% of occupied homes here are lived in by their owners, and 28% of those owners still have a mortgage.
Harrold at a glance
| Harrold | South Dakota | U.S. | |
|---|---|---|---|
| Median home value | $77,500 | $257,400 | $332,700 |
| Median property tax paid per year | $820 | $2,724 | $3,119 |
| Property tax as a share of value | 1.06% | 1.06% | 0.94% |
| Median household income | $58,750 | $75,081 | $80,734 |
| Homes lived in by their owners | 64% | 69% | 65% |
| Owner homes with a mortgage | 28% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,050 | $1,680 | $1,963 |
| Those costs as a share of the owners' income | 9.0% | 20.4% | 21.0% |
| Median rent | $550 | $946 | $1,413 |
| Rent as a share of renters' income | 33.8% | 25.9% | 30.6% |
| Median year homes were built | 1955 | 1980 | 1980 |
| Vacant homes | 18.2% | 10.5% | 10.1% |
| Population | 72 | 907,428 | 334,922,499 |
What a typical home costs per month in Harrold
At this week's average 30-year rate of 7.11%, buying the median Harrold home of $77,500 with 20% down costs about $518 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $647, 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 $22,193 for the 20%-down payment. That payment is 11% of the median Harrold household income of $58,750; at that income and 20% down, the 28% guideline points to a home of about $205,000.
The median rent here is $550 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,500 |
|---|---|
| Loan amount | $62,000 |
| Principal and interest | $417 |
| Property taxes (1.06% a year) | $68 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| PMI | $0 |
| Total per month | $518 |
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| Down payment | $2,712 |
|---|---|
| Loan amount | $76,096 |
| Principal and interest | $512 |
| Property taxes (1.06% a year) | $68 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| FHA mortgage insurance | $34 |
| Total per month | $647 |
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Questions about home buying in Harrold
What is the median home value in Harrold?
About $77,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Harrold?
Homeowners pay a median $820 a year, which is about 1.06% 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 Harrold?
For the median home with 20% down at 7.11%, the payment is about $518 a month. Keeping that under 28% of gross income takes about $22,193 a year.
More about Harrold
- Mortgage Refinance in Harrold
- Debt Relief in Harrold
- Home Equity Loans in Harrold
- 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