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Rapid City Mortgage Quotes And Real Estate


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Rapid City Mortgage and Real Estate Facts

Overview

People in Rapid City are spread across 24,012 individual places to live. Owners occupy 59% of the housing units in the city.

Rapid City Mortgage

About 70% of owner-occupied housing units in Rapid City have a mortgage of one type or another. Approximately 16% of housing units in the city carry a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Rapid City area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Rapid City Mortgage Statistics

CategoryValue
Homes With No Mortgage30%
With A Mortgage70%
First Mortgage Only55%
Second Mortgage or Home Equity Loan16%
Second Mortgage Only9%
Home Equity Loan Only7%

Rapid City Housing Expenses

CategoryValue
Owner Costs as % of Income17.9%
Median Real Estate Taxes (2000)$1,606

Rapid City Household Size

CategoryValue
Total Occupied24,012
1-Person Households30%
2-Person Households35%
3-Person Households15%
4-Person Households12%
5-Person Households6%
6-Person Households2%
7+-Person Households1%

Rapid City Housing Stock

CategoryValue
Median Year Built1971
Median Year Built (Owner Occupied)1969
Median Year Built (Renter Occupied)1972

Rapid City Home Heating

CategoryValue
Using Utility Co. Gas Heat87%
Using Bottled/Tank Gas Heat2%
Using Electric Heat10%
Using Oil Heat0%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Rapid City Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom3%
2 Bedrooms22%
3 Bedrooms46%
4 Bedrooms22%
5+ Bedrooms6%

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