Quick facts: Bryant, SD

Quick Facts

98.4
Cost of Living
below US average
473
Population
8.46
Crime Rate per 1000
below US average
$58,558
Median Income
below US average
$249,900
Median House Price
above US average
$1139
Average Rent
below US average
10%
Poverty Rate
below US average
2.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $58,558.

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Income Needed to Buy

βœ— Stretch
$78k/year
Based on $249,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $58,558
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Income Needed to Rent

βœ“ Affordable
$49k/year
Based on $1139/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($58,558) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bryant, SD

Bryant is a small town located in the northeast part of South Dakota, primarily in Hamlin County. With a population of just a few hundred residents, it embodies the charm of rural American life. The town is situated around 15 miles south of Watertown, which offers residents access to larger amenities and services. Bryant's history dates back to the early 1900s when it was established as a railroad town. Agriculture is a significant part of the local economy, with surrounding farmland dedicated to crops and livestock. The town features a close-knit community where local events and gatherings play an essential role in fostering connections among residents. Outdoor enthusiasts will appreciate the scenic landscapes and recreational activities in the area, including fishing and hiking in nearby state parks. Despite its small size, Bryant has a welcoming vibe and offers a peaceful lifestyle, making it an ideal place for those looking to escape the hustle of urban living.

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