Over the past decade, we've seen the highest highs and the lowest lows in our economy.

But despite the uncertainty, more and more South Dakotans are getting into the real estate market and buying a place of their own.

ZeroDown, using data from the U.S. Census Bureau’s Housing Vacancies and Homeownership Survey says the Mount Rushmore State saw the seventh-highest jump in home ownership rates from 2011 to 2021.

Get our free mobile app

As of last year, 71.1 percent of South Dakotans owned their own home, that's up 1.8 percent from 2011 when 69.3 percent of state residents owned their homes.

According to the numbers, the median home price in the state is $236,975 with the median household income sitting at $58,275.

The study credits South Dakota's low cost of living, abundant space, and growing economy to the bump in home ownership rates.

They also cite the state's homestead laws which they call 'family-friendly', allowing residents to protect their homes in the midst of challenging economic circumstances.

In all, South Dakota was one of just 14 states that saw an increase in home ownership rates in the last decade.

STATES WITH BIGGEST INCREASES IN HOME OWNERSHIP (2011-2021) 

  1. Minnesota: +4.3% (75.6%)
  2. Nevada: +4.2% (60.6%)
  3. Kansas: +3.9% (69.3%)
  4. Kentucky: +3.1% (72.2%)
  5. Hawaii: +2.7% (58.2%)
  6. Maine: +2.0% (75.9%)
  7. South Dakota: +1.8% (71.1%)
  8. Missouri: +1.6% (72.8%)
  9. Wyoming: +1.0% (72.1%)
  10.  Iowa: +0.9% (72.1%)

READ ON: See the States Where People Live the Longest

Stacker used data from the 2020 County Health Rankings to rank every state's average life expectancy from lowest to highest. The 2020 County Health Rankings values were calculated using mortality counts from the 2016-2018 National Center for Health Statistics. The U.S. Census 2019 American Community Survey and America's Health Rankings Senior Report 2019 data were also used to provide demographics on the senior population of each state and the state's rank on senior health care, respectively.

Read on to learn the average life expectancy in each state.

The 100 Best Places to Live in the Midwest

LOOK: Famous Historic Homes in Every State