Rapid Valley, SD Real Estate
According to census data in the year 2000 there were 2,475 housing units in Rapid Valley.
This represents a 18.2% growth from 2,094 in 1990.
Of those housing units, 2,096 were located in either urbanized areas or urban clusters, and 379 were located in what is classified as a rural area.
Homeownership rate in Rapid Valley is about 85.4%.
Rapid Valley's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.93 people.
The majority of houses, apartments or condos in Rapid Valley were built after 1980.
|Housing Units by Size|
|Five Bedrooms or more||3.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.97|
|Median year structure was built||1982|
|Median Value of occupied units||$79,400|
|Median Price asked for vacant units||$45,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.67|
|Median year structure was built||1974|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||6.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.8%|