HousingHandbookReference data

U.S. ZIP Code · SD57029

Hutchinson County

Typical home value

$252,646[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+13.4%
5-year / yr
+7.4%
10-year / yr
+7.4%

Relative price

vs U.S.
-11.1%
vs metro
vs state
-15.1%
ZIP 57029 location in SD
Location of ZIP 57029 in SD

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 57029 is worth $252,646. Over the past year, values have risen 13.4%. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.1%[3]
Typical annual tax
$2,702[3]

#Climate risk

FEMA National Risk Index ratings for Hutchinson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively High
Heat wave
Very Low
Hurricane
Not Applicable
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
2,155[3]
Median household income
$73,750[3]

#Migration

Household moves in and out of Hutchinson County over a year, from IRS tax-return data.

Net migration
-45[5]
Moved in
111
Moved out
156

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • Freeman Elementary - 02

    Elementary · Grades K–6 · Freeman School District 33-1

    188 students

  • Freeman High School - 01

    High · Grades 9–12 · Freeman School District 33-1

    95 students

  • Freeman Jr High - 05

    Middle · Grades 7–8 · Freeman School District 33-1

    61 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,278
Loan principal$202,117
Down payment$50,529
Total interest paid$257,789

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,713
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 57029?
The typical home in 57029 is worth $252,646, based on the Zillow Home Value Index.
Are home values rising in 57029?
Home values in 57029 are up 13.4% over the past year, and up 7.4% a year over five years.
What is the property tax rate in 57029?
The effective property tax rate in 57029 is 1.1% — roughly $2,702 a year on a typical home.
Who lives in 57029?
ZIP code 57029 has a population of 2,155 and a median household income of $73,750.

Compare ZIPs

Pit ZIP 57029 against any other ZIP — full side-by-side table.

Compare 57029

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