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Tea, SD

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
72
Very Affordable
Median Home Value
$305,300
National: $426,735
Median Rent
$1,113/mo
National: $1,527/mo
Household Income
$104,643
National: $84,532
Population
6,339
Purchasing Power
172
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
72 / 100
100 = national average
Rent Index
73 / 100
Overall Index
72
Very Affordable

Tea Mortgage Calculator

Pre-filled with the local median home value of $305,300 and South Dakota's property tax rate of 1.08%.

Salary & Purchasing Power

Median household income is $104,643 24% above the national average.

What $104,643 in Tea Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$219,460+110%
Los Angeles, CA$247,074+136%
Houston, TX$103,190-1%
Philadelphia, PA$98,830-6%

Property Tax in Tea, SD

Est. Annual Property Tax
$3,297
Monthly Impact
$275
Added to your mortgage
Effective Rate
1.08%
National avg: ~1.00%

South Dakota Tax Overview

Tax TypeSouth DakotaNational Avg
Property Tax Rate1.08%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax6.11%~5.0%

Compare Tea to Another City

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Cost of Living Comparison

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Tea, SD
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Tea, SD: 72
Rent Prices
73
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR