The typical owner-occupied home in Harrisburg is worth about $312,200, 21% above the South Dakota median of $257,400 and 6% below the national median of $332,700. Owners pay a median $3,637 a year in property taxes, about 1.16% of their home's value, higher than the South Dakota rate of 1.06%. The median household earns $108,724 a year, so the median home costs 2.9 times the median income (3.4 times for South Dakota). 78% of occupied homes here are lived in by their owners, and 85% of those owners still have a mortgage.
Harrisburg at a glance
| Harrisburg | South Dakota | U.S. | |
|---|---|---|---|
| Median home value | $312,200 | $257,400 | $332,700 |
| Median property tax paid per year | $3,637 | $2,724 | $3,119 |
| Property tax as a share of value | 1.16% | 1.06% | 0.94% |
| Median household income | $108,724 | $75,081 | $80,734 |
| Homes lived in by their owners | 78% | 69% | 65% |
| Owner homes with a mortgage | 85% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,851 | $1,680 | $1,963 |
| Those costs as a share of the owners' income | 18.7% | 20.4% | 21.0% |
| Median rent | $1,362 | $946 | $1,413 |
| Rent as a share of renters' income | 25.6% | 25.9% | 30.6% |
| Median year homes were built | 2008 | 1980 | 1980 |
| Vacant homes | 3.9% | 10.5% | 10.1% |
| Population | 8,519 | 907,428 | 334,922,499 |
What a typical home costs per month in Harrisburg
At this week's average 30-year rate of 7.11%, buying the median Harrisburg home of $312,200 with 20% down costs about $2,112 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,632, 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 $90,516 for the 20%-down payment. That payment is 23% of the median Harrisburg household income of $108,724; at that income and 20% down, the 28% guideline points to a home of about $375,000.
The median rent here is $1,362 a month, so owning the median home costs about $750 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $62,440 |
|---|---|
| Loan amount | $249,760 |
| Principal and interest | $1,680 |
| Property taxes (1.16% a year) | $302 |
| Homeowners insurance (our estimate, 0.5% a year) | $130 |
| PMI | $0 |
| Total per month | $2,112 |
Change the numbers in the calculator
| Down payment | $10,927 |
|---|---|
| Loan amount | $306,545 |
| Principal and interest | $2,062 |
| Property taxes (1.16% a year) | $302 |
| Homeowners insurance (our estimate, 0.5% a year) | $130 |
| FHA mortgage insurance | $138 |
| Total per month | $2,632 |
Change the numbers in the calculator
Questions about home buying in Harrisburg
What is the median home value in Harrisburg?
About $312,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Harrisburg?
Homeowners pay a median $3,637 a year, which is about 1.16% 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 Harrisburg?
For the median home with 20% down at 7.11%, the payment is about $2,112 a month. Keeping that under 28% of gross income takes about $90,516 a year.
More about Harrisburg
- Mortgage Refinance in Harrisburg
- Debt Relief in Harrisburg
- Home Equity Loans in Harrisburg
- 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