Brookings, SD Real Estate
According to census data in the year 2000 there were 7,371 housing units in Brookings.
This represents a 22.6% growth from 6,012 in 1990.
Of those housing units, 7,287 were located in either urbanized areas or urban clusters, and 84 were located in what is classified as a rural area.
Homeownership rate in Brookings is about 46.2%.
Brookings's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Brookings were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.30% |
| One Bedroom | 16% |
| Two Bedrooms | 32% |
| Three Bedrooms | 26.90% |
| Four Bedrooms | 16.80% |
| Five Bedrooms or more | 4.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $93,900 |
| Median Price asked for vacant units | $143,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $358 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.70% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 47.10% |
| Debt Free | 34.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
