Quick facts: Wall, SD

Quick Facts

98.4
Cost of Living
below US average
695
Population
43.17
Crime Rate per 1000
above US average
$71,364
Median Income
below US average
$230,000
Median House Price
above US average
$1139
Average Rent
below US average
8%
Poverty Rate
below US average
3.1%
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 $71,364.

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Income Needed to Buy

βœ— Stretch
$72k/year
Based on $230,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $72k vs median $71,364
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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 ($71,364) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wall, SD

Wall, South Dakota, is a small town located in Pennington County, known for its proximity to the iconic Badlands National Park. With a population of around 800 residents, Wall serves as a gateway for tourists visiting the stunning landscapes and geological formations of the Badlands. The town is famously home to Wall Drug, a tourist attraction that began as a pharmacy in the 1930s and has transformed into a bustling gift shop and eatery featuring Western-themed attractions. The town is characterized by its friendly community, local events, and unique small-town charm. Visitors can explore nearby natural attractions, engage in outdoor activities such as hiking, biking, and wildlife viewing, or experience the rich history and culture of the area. Wall is well-connected via Interstate 90, making it a convenient stop for travelers heading to Mount Rushmore or other destinations in the Black Hills region. The town embodies the spirit of the American West, blending natural beauty with historical significance.

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