Counties / South Dakota / Jones County

Jones County, SD

FIPS 46075 · population 1,004 · outside every metro area

$140k
ACS owner-reported value · ACS 2024 5-year
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

ACS owner-reported value
$140k
survey estimate; not a current listing or sale price
Census ACS · surveyed
ACS median gross rent
$543
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$929
the Section 8 payment standard
HUD Fair Market Rent · direct
Owner-reported value$140k
Surveyed gross rent$543
Rent burden 30%+3.8%
Median year built1973
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
28.6%vacant
479estimated housing units
Occupied tenure23.7% renter
owner 76.3%renter 23.7%
Structure mix60.8% single-family
Single-family 60.8%20+ units 0.0%Mobile home 29.0%Other 10.2%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs407▲ 4.9% from the prior annual release
Covered establishments58annual average reporting locations
Average weekly wage$671▼ 1.2% from the prior annual release
Largest private supersectorTrade, transportation, and utilities41.9% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+4.9%WEEKLY WAGE−1.2%Trade, transportation, and utilities41.9%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Jones County’s decision tension is a small, thinly evidenced market: the ACS survey reports a $139,600 owner-reported median value among owner-occupied homes, yet no current transaction price, Zillow county value series, or FHFA repeat-transaction index is published. Income-focused buyers should investigate only after local rent and property-condition validation; buyers requiring demonstrable exit liquidity should be cautious. Its 1,004 residents and sparse measures make county aggregates a starting point, not property-level proof.

02Housing economics

The ACS five-year survey separately reports $543 median gross rent for occupied units. It is not current asking rent and does not cover the same homes as the owner-value measure; the two ACS medians cannot be combined into yield. Because market rent is not published, gross yield cannot be computed. HUD’s two-bedroom FMR is $929, a payment standard rather than market asking rent. The effective property-tax rate is 0.94%, and median annual property tax is $1,313; neither establishes operating cost. Survey vacancy is 28.60% and renter occupancy is 23.68%, descriptions of housing use rather than lease-up forecasts.

03Demand & competition

QCEW’s annual record shows 407 covered jobs at county workplaces, up 4.90%; it is not resident employment or an unemployment measure. Average covered weekly wage was $671, down 1.18%. Trade, transportation, and utilities is the largest disclosed private supersector, at 41.94% of private covered employment, not the whole economy. Tax records show 21 outbound mover households averaging $76,619 AGI, but no inbound counterpart. Thus, net migration and mover-income balance are unknown. Absent MLS listing metrics, investor share and purchase counts, buyer competition and selling time cannot be assessed.

04Risk & next checks

Inland flood is the dominant hazard. The modeled climate loss ratio is 0.13% of building value expected annually, not a dollar loss or parcel flood determination. Obtain parcel flood-zone, insurance, condition, current asking-rent and lease evidence; verify taxes and operating expenses. Missing Zillow and FHFA trend observations, transaction comps, and Realtor.com listing measures prevent conclusions on appreciation direction, current pricing, or sale liquidity.

Cities & communities

Where people live within Jones County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Murdo city599Draper town20Okaton CDP0
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

3 Census places

Population
  1. 01
    Murdo cityIncorporated place
    599
  2. 02
    Draper townIncorporated place
    20
  3. 03
    Okaton CDPCensus-designated place
    0

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.135% of building value expected lost per year

Effective property tax0.94%

$1,313 median annual bill

02
DemandIRS SOI household flows
Net migrationn/a

Household flow not published

Arriving vs leaving incomen/a

Income flow not published

03
CompetitionHMDA financed purchases
Purchases by investorsn/a

Purchase mix not published

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Current rent, property condition, and operating expenses may not support acquisition economics.
  2. Sparse transaction and MLS evidence may conceal weak sale liquidity or unstable pricing.
  3. Flood exposure and insurance availability or cost may vary materially by parcel.
Underwriting questions

Before pricing a property

Does the record establish gross yield?

No. Market rent is not published, and HUD FMR is a payment standard rather than asking rent.

What does QCEW measure in this record?

It measures annual covered employment at workplaces in the county, not resident employment or unemployment.

Can buyer competition be determined from the record?

No. Investor participation, total purchase counts, and MLS listing-market measures are not supplied.