Quick facts: Viborg, SD

Quick Facts

98.4
Cost of Living
below US average
824
Population
10.92
Crime Rate per 1000
below US average
$46,316
Median Income
below US average
$150,000
Median House Price
above US average
$1139
Average Rent
below US average
12%
Poverty Rate
above US average
3.2%
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 $46,316.

🏠

Income Needed to Buy

βœ— Stretch
$47k/year
Based on $150,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $47k vs median $46,316
🏒

Income Needed to Rent

⚠ Stretch
$49k/year
Based on $1139/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $49k vs median $46,316
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Viborg, SD

Viborg, South Dakota, is a small city nestled in the southeastern part of the state, known for its charming small-town atmosphere and friendly community. With a population of around 800 residents, Viborg offers a close-knit environment with strong local ties. The town is situated in Turne County and is surrounded by picturesque landscapes, making it a serene place to live or visit. Founded in the 1880s, Viborg has a rich Scandinavian heritage, reflected in its notable landmarks and local events. The city features a variety of amenities, including parks, schools, and local businesses, catering to the needs of its residents. The annual Viborg Community Festival showcases local culture and traditions, bringing together families from near and far. Outdoor enthusiasts can enjoy activities like hiking and fishing in the nearby scenic areas, while history buffs may appreciate the local museums that tell the story of Viborg's past. Overall, Viborg, SD, is a peaceful destination with a blend of culture, community, and natural beauty.

πŸ” Search & Compare Places

First Location πŸ“