Home Affordability in 57101
Sioux Falls, SD — Minnehaha County
The median home price in ZIP code 57101 (Sioux Falls) is $275,000 with a median household income of $55,000. The price-to-income ratio is 5.0x.
Median Home Price
$275,000
Median Income
$55,000
Price-to-Income
5.0x
Est. Affordable Home
$214,000
Property Tax Rate
1.28%
Annual Property Tax
$3,520
Cost of Living
92
Metro Area
Sioux Falls MSA
Down Payment Scenarios for ZIP 57101
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $8,250 | $266,750 | Yes |
| 5% | $13,750 | $261,250 | Yes |
| 10% | $27,500 | $247,500 | Yes |
| 20% | $55,000 | $220,000 | No |
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