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These days, finding an affordable place to live in the Wilmot area can be challenging. Home prices in Wilmot are now at a median cost of $195,876, lower than the South Dakota average of $268,202.
The average cost of rent is $636/mo in Wilmot, primarily driven by the current value of real estate in the Wilmot area. In Wilmot, 8.66% of households rent, and 58.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wilmot is $6,292 per month. Households that rent pay about 10.10% of their income on rent here. Wilmot’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Madsen Beach, SD: equally priced homes
- Hartford Beach, SD: higher priced homes
- Corona, SD: higher priced homes
- Foster, MN: higher priced homes
- Peever, SD: equally priced homes
- Shady Beach, SD: higher priced homes
- Marvin, SD: higher priced homes
- Beardsley, MN: higher priced homes
- Browns Valley, MN: less expensive homes
- Summit, SD: less expensive homes
Cities with Similar Populations
- Cove Creek, NC: higher priced homes
- Waccabuc, NY: higher priced homes
- Days Creek, OR: higher priced homes
- Davenport, NY: equally priced homes
- Danwood, SC: less expensive homes
- Curryville, MO: less expensive homes
- Crossroads, MS: less expensive homes
- Crosland, GA: less expensive homes
- Creston, IL: less expensive homes
- Coxey, AL: higher priced homes
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