The typical owner-occupied home in White River is worth about $75,000, 71% below the South Dakota median of $257,400 and 77% below the national median of $332,700. Owners pay a median $924 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 $82,692 a year, so the median home costs 0.9 times the median income (3.4 times for South Dakota). 51% of occupied homes here are lived in by their owners, and 18% of those owners still have a mortgage.
White River at a glance
| White River | South Dakota | U.S. | |
|---|---|---|---|
| Median home value | $75,000 | $257,400 | $332,700 |
| Median property tax paid per year | $924 | $2,724 | $3,119 |
| Property tax as a share of value | 1.23% | 1.06% | 0.94% |
| Median household income | $82,692 | $75,081 | $80,734 |
| Homes lived in by their owners | 51% | 69% | 65% |
| Owner homes with a mortgage | 18% | 54% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,680 | $1,963 |
| Median rent | $1,125 | $946 | $1,413 |
| Rent as a share of renters' income | 17.4% | 25.9% | 30.6% |
| Median year homes were built | 1965 | 1980 | 1980 |
| Vacant homes | 21.9% | 10.5% | 10.1% |
| Population | 606 | 907,428 | 334,922,499 |
What a typical home costs per month in White River
At this week's average 30-year rate of 7.11%, buying the median White River home of $75,000 with 20% down costs about $512 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $637, 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 $21,932 for the 20%-down payment. That payment is 7% of the median White River household income of $82,692; at that income and 20% down, the 28% guideline points to a home of about $283,000.
The median rent here is $1,125 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,000 |
|---|---|
| Loan amount | $60,000 |
| Principal and interest | $404 |
| Property taxes (1.23% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| PMI | $0 |
| Total per month | $512 |
Change the numbers in the calculator
| Down payment | $2,625 |
|---|---|
| Loan amount | $73,642 |
| Principal and interest | $495 |
| Property taxes (1.23% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| FHA mortgage insurance | $33 |
| Total per month | $637 |
Change the numbers in the calculator
Questions about home buying in White River
What is the median home value in White River?
About $75,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in White River?
Homeowners pay a median $924 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 White River?
For the median home with 20% down at 7.11%, the payment is about $512 a month. Keeping that under 28% of gross income takes about $21,932 a year.
More about White River
- Mortgage Refinance in White River
- Debt Relief in White River
- Home Equity Loans in White River
- 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