The typical owner-occupied home in McCook County is worth about $230,100, 11% below the South Dakota median of $257,400 and 31% below the national median of $332,700. Owners pay a median $2,444 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 $83,852 a year, so the median home costs 2.7 times the median income (3.4 times for South Dakota). 79% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
McCook County at a glance
| McCook County | South Dakota | U.S. | |
|---|---|---|---|
| Median home value | $230,100 | $257,400 | $332,700 |
| Median property tax paid per year | $2,444 | $2,724 | $3,119 |
| Property tax as a share of value | 1.06% | 1.06% | 0.94% |
| Median household income | $83,852 | $75,081 | $80,734 |
| Homes lived in by their owners | 79% | 69% | 65% |
| Owner homes with a mortgage | 54% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,662 | $1,680 | $1,963 |
| Those costs as a share of the owners' income | 19.9% | 20.4% | 21.0% |
| Median rent | $945 | $946 | $1,413 |
| Rent as a share of renters' income | 25.3% | 25.9% | 30.6% |
| Median year homes were built | 1970 | 1980 | 1980 |
| Vacant homes | 10.2% | 10.5% | 10.1% |
| Population | 5,751 | 907,428 | 334,922,499 |
What a typical home costs per month in McCook County
At this week's average 30-year rate of 7.11%, buying the median McCook County home of $230,100 with 20% down costs about $1,537 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,921, 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 $65,891 for the 20%-down payment. That payment is 22% of the median McCook County household income of $83,852; at that income and 20% down, the 28% guideline points to a home of about $293,000.
The median rent here is $945 a month, so owning the median home costs about $592 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $46,020 |
|---|---|
| Loan amount | $184,080 |
| Principal and interest | $1,238 |
| Property taxes (1.06% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $96 |
| PMI | $0 |
| Total per month | $1,537 |
Change the numbers in the calculator
| Down payment | $8,054 |
|---|---|
| Loan amount | $225,932 |
| Principal and interest | $1,520 |
| Property taxes (1.06% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $96 |
| FHA mortgage insurance | $102 |
| Total per month | $1,921 |
Change the numbers in the calculator
Questions about home buying in McCook County
What is the median home value in McCook County?
About $230,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in McCook County?
Homeowners pay a median $2,444 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 McCook County?
For the median home with 20% down at 7.11%, the payment is about $1,537 a month. Keeping that under 28% of gross income takes about $65,891 a year.
More about McCook County
- Mortgage Refinance in McCook County
- Debt Relief in McCook County
- Home Equity Loans in McCook County
- 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