The typical owner-occupied home in Britton is worth about $110,200, 57% below the South Dakota median of $257,400 and 67% below the national median of $332,700. Owners pay a median $1,356 a year in property taxes, about 1.23% of their home's value, higher than the South Dakota rate of 1.06%. The median household earns $62,898 a year, so the median home costs 1.8 times the median income (3.4 times for South Dakota). 77% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Britton at a glance
| Britton | South Dakota | U.S. | |
|---|---|---|---|
| Median home value | $110,200 | $257,400 | $332,700 |
| Median property tax paid per year | $1,356 | $2,724 | $3,119 |
| Property tax as a share of value | 1.23% | 1.06% | 0.94% |
| Median household income | $62,898 | $75,081 | $80,734 |
| Homes lived in by their owners | 77% | 69% | 65% |
| Owner homes with a mortgage | 50% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,283 | $1,680 | $1,963 |
| Those costs as a share of the owners' income | 16.3% | 20.4% | 21.0% |
| Median rent | $798 | $946 | $1,413 |
| Rent as a share of renters' income | 28.9% | 25.9% | 30.6% |
| Median year homes were built | 1962 | 1980 | 1980 |
| Vacant homes | 27.6% | 10.5% | 10.1% |
| Population | 988 | 907,428 | 334,922,499 |
What a typical home costs per month in Britton
At this week's average 30-year rate of 7.11%, buying the median Britton home of $110,200 with 20% down costs about $752 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $936, 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 $32,226 for the 20%-down payment. That payment is 14% of the median Britton household income of $62,898; at that income and 20% down, the 28% guideline points to a home of about $215,000.
The median rent here is $798 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $22,040 |
|---|---|
| Loan amount | $88,160 |
| Principal and interest | $593 |
| Property taxes (1.23% a year) | $113 |
| Homeowners insurance (our estimate, 0.5% a year) | $46 |
| PMI | $0 |
| Total per month | $752 |
Change the numbers in the calculator
| Down payment | $3,857 |
|---|---|
| Loan amount | $108,204 |
| Principal and interest | $728 |
| Property taxes (1.23% a year) | $113 |
| Homeowners insurance (our estimate, 0.5% a year) | $46 |
| FHA mortgage insurance | $49 |
| Total per month | $936 |
Change the numbers in the calculator
Questions about home buying in Britton
What is the median home value in Britton?
About $110,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Britton?
Homeowners pay a median $1,356 a year, which is about 1.23% 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 Britton?
For the median home with 20% down at 7.11%, the payment is about $752 a month. Keeping that under 28% of gross income takes about $32,226 a year.
More about Britton
- Mortgage Refinance in Britton
- Debt Relief in Britton
- Home Equity Loans in Britton
- 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