Total monthly cost of ownership
Cost to Own a Home in Blackhawk, South Dakota
A $244,000 home here costs
$1,983per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,254. The real number is $728 higher every month — 58% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Blackhawk against Meade County and South Dakota
| Measure | Blackhawk | Meade County |
|---|---|---|
| Median home value | $243,700 | $274,800 |
| Median property tax | $2,440 | $2,840 |
| Effective tax rate | 1.001% | 1.033% |
| Median gross rent | $1,148 | $1,150 |
| Population | 2,805 | 30,297 |
The weather behind that power bill
Blackhawk sits in Meade County, which averages a high of 85.1°F in its hottest month and a low of 9.0°F in its coldest, with 18.87" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 517 cooling and 7,829 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Meade County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Meade County
Full Meade County cost breakdown · Every county in South Dakota
Common questions
How much does it cost to own a home in Blackhawk?
A $244,000 home in Blackhawk, South Dakota costs approximately $1,983 per month with 20% down at 6.66%. That is $1,254 principal and interest, $204 property tax, $112 homeowners insurance, $209 utilities and $203 set aside for maintenance.
What is the property tax rate in Blackhawk?
Blackhawk has an effective property tax rate of 1.001%, based on a median home value of $243,700 and median real estate taxes of $2,440. That is lower than the Meade County average of 1.033%.
What is the average home price in Blackhawk?
The median owner-occupied home value in Blackhawk, South Dakota is $243,700, against $274,800 across Meade County.
Is it cheaper to rent or buy in Blackhawk?
Median gross rent in Blackhawk is $1,148 a month, against $1,983 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Blackhawk — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for South Dakota.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.