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Consistently strong home value growth makes a Rent to Own home in South Dakota a great investment. Lease option rental homes offer you the chance to lock in a price on your future home now, and let you grow equity in the property while you prepare your finances for a mortgage.
Land of Presidents
South Dakota is a state that celebrates it’s Native American heritage, with one of the largest concentrations of them in the country, and offering many festivals and cultural events to give people a taste of the Sioux culture. Major industries in the Mount Rushmore State include agriculture, livestock, food processing, electronics manufacturing, mining, tourism, and casino gambling. Population growth averages at about 0.9 percent annually. Job growth in South Dakota continues at 1 percent and unemployment sits at 3.4 percent. For average income, the median household income is $35,282 and the median family income is $43,287 annually.
Badlands, SD Source: Alan D Wilson, 2010Own a Little Piece of the Plains
Home prices statewide in South Dakota are strong and only getting stronger. As of April 2015, the average home value in South Dakota was $165,300. Some of the most popular metro areas in South Dakota are Sioux Falls, Rapid City, Aberdeen, Brookings, and Watertown.
Mixed school rankings across the Mount Rushmore State vary on location, with the best schools concentrated near the major metro areas. South Dakota has notable universities that include the University of South Dakota, South Dakota State University, Dakota State University, South Dakota School of Mines and Technology, and Northern State University.
SafetyAnnual crime in South Dakota is below the national average, with violent crime rates are slightly below the 3.8 per 1,000 residents national average at 3.16. Property crime affects 19.15 per 1,000 residents and is below the 27.3 national average.
Mount Rushmore National Memorial, SD. Via HowItWorksDailyCulture and Entertainment
South Dakota has plenty to offer in points of interest, which include Mount Rushmore National Monument, Badlands National Park, Crazy Horse Memorial, Needles Highway, and Harney Peak. The state is rich in history and beautiful landscapes for residents and visitors alike to enjoy and be enriched.