Affordable

What Salary Do You Need to Live in Mission Hill?

To afford a 2-bedroom in Mission Hill, you need to earn at least $47,240/year based on estimated fair market rent data. The median household income here is $69,286, which means the typical resident is $22,046 above the threshold.

Census ACS Data Pop. 212

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$827	$2,757	$33,080	$-36,206
1 Bedroom	$980	$3,267	$39,200	$-30,086
2 Bedroom BENCHMARK	$1,181	$3,937	$47,240	$-22,046
3 Bedroom	$1,441	$4,803	$57,640	$-11,646
4 Bedroom	$1,772	$5,907	$70,880	+$1,594

Affordability Breakdown

Where the required salary line crosses above Mission Hill's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$69,286

Annual household

2BR Required Salary

$47,240

Under 30% rule

Income Gap

+$22,046

Surplus

Verdict

Affordable

Ratio: 20.5%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Mission Hill

Your Annual Salary

Pre-filled with Mission Hill's median household income

Max monthly rent you can afford$1,732

Studio

$827/mo

1 BR

$980/mo

2 BR

$1,181/mo

3 BR

$1,441/mo

4 BR

$1,772/mo

Your salary is $0 above the median income in Mission Hill.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Mission Hill's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Mission Hill

Mission Hill, South Dakota stands out as one of the more financially accessible housing markets in the state. The median household income of $69,286 significantly exceeds the $47,240 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $22,046 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Mission Hill, a studio at $827/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,441/month remains accessible for dual-income households earning above $57,640.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $70,860 would position you well — though many residents in Mission Hill manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Mission Hill, South Dakota.

With a total population of 212, the city supports an active civilian workforce of 151 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $47,240 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

151

Active civilian employees in Mission Hill

Frequently Asked Questions About Renting in Mission Hill

What salary do I need to live in Mission Hill, South Dakota?

To afford a 2-bedroom in Mission Hill under the 30% rule, you need an annual salary of at least $47,240. The median household income in Mission Hill is $69,286.

Can I afford a 2-bedroom in Mission Hill on $69,286?

The affordability verdict for Mission Hill is "Affordable". The rent-to-income ratio is 20.5%, meaning median earners have a $22,046 surplus.

What is the average rent in Mission Hill compared to median income?

The median gross rent in Mission Hill is $980/month. With a median household income of $69,286, residents spend approximately 20.5% of their income on rent.

What salary do I need for a studio in Mission Hill?

A studio in Mission Hill rents for approximately $827/month. Under the 30% rule, you need an annual salary of $33,080 to afford this.

Is Mission Hill considered an affordable place to live?

Based on the surplus of $22,046 and an affordability verdict of "Affordable", Mission Hill is considered a affordable rental market when comparing the required 2-bedroom salary of $47,240 to the local median household income.

How Mission Hill Compares

Other cities in South Dakota with salary requirements