The typical owner-occupied home in Kyle is worth about $9,999, 96% below the South Dakota median of $257,400 and 97% below the national median of $332,700. The median household earns $36,250 a year, so the median home costs 0.3 times the median income (3.4 times for South Dakota). 50% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Kyle at a glance
| Kyle | South Dakota | U.S. | |
|---|---|---|---|
| Median home value | $9,999 | $257,400 | $332,700 |
| Median property tax paid per year | – | $2,724 | $3,119 |
| Median household income | $36,250 | $75,081 | $80,734 |
| Homes lived in by their owners | 50% | 69% | 65% |
| Owner homes with a mortgage | 0% | 54% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,680 | $1,963 |
| Median rent | $634 | $946 | $1,413 |
| Rent as a share of renters' income | 14.7% | 25.9% | 30.6% |
| Median year homes were built | 1987 | 1980 | 1980 |
| Vacant homes | 6.8% | 10.5% | 10.1% |
| Population | 667 | 907,428 | 334,922,499 |
What a typical home costs per month in Kyle
At this week's average 30-year rate of 7.11%, buying the median Kyle home of $9,999 with 20% down costs about $67 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $84, 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 $2,877 for the 20%-down payment. That payment is 2% of the median Kyle household income of $36,250; at that income and 20% down, the 28% guideline points to a home of about $126,000.
The median rent here is $634 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $2,000 |
|---|---|
| Loan amount | $7,999 |
| Principal and interest | $54 |
| Property taxes (1.10% a year) | $9 |
| Homeowners insurance (our estimate, 0.5% a year) | $4 |
| PMI | $0 |
| Total per month | $67 |
Change the numbers in the calculator
| Down payment | $350 |
|---|---|
| Loan amount | $9,818 |
| Principal and interest | $66 |
| Property taxes (1.10% a year) | $9 |
| Homeowners insurance (our estimate, 0.5% a year) | $4 |
| FHA mortgage insurance | $4 |
| Total per month | $84 |
Change the numbers in the calculator
Questions about home buying in Kyle
What is the median home value in Kyle?
About $9,999 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Kyle?
For the median home with 20% down at 7.11%, the payment is about $67 a month. Keeping that under 28% of gross income takes about $2,877 a year.
More about Kyle
- Mortgage Refinance in Kyle
- Debt Relief in Kyle
- Home Equity Loans in Kyle
- 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