Total monthly cost of ownership
Cost to Own a Home in Webster, South Dakota
A $122,000 home here costs
$1,131per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $627. The real number is $504 higher every month — 80% 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.
Webster against Day County and South Dakota
| Measure | Webster | Day County |
|---|---|---|
| Median home value | $122,200 | $155,100 |
| Median property tax | $1,642 | $1,598 |
| Effective tax rate | 1.344% | 1.030% |
| Median gross rent | $612 | $623 |
| Population | 1,823 | 5,460 |
The weather behind that power bill
Webster sits in Day County, which averages a high of 80.9°F in its hottest month and a low of 2.4°F in its coldest, with 26.07" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 529 cooling and 8,598 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Day County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Day County
No other places of this size are published in Day County.
Full Day County cost breakdown · Every county in South Dakota
Common questions
How much does it cost to own a home in Webster?
A $122,000 home in Webster, South Dakota costs approximately $1,131 per month with 20% down at 6.66%. That is $627 principal and interest, $137 property tax, $56 homeowners insurance, $209 utilities and $102 set aside for maintenance.
What is the property tax rate in Webster?
Webster has an effective property tax rate of 1.344%, based on a median home value of $122,200 and median real estate taxes of $1,642. That is higher than the Day County average of 1.030%.
What is the average home price in Webster?
The median owner-occupied home value in Webster, South Dakota is $122,200, against $155,100 across Day County.
Is it cheaper to rent or buy in Webster?
Median gross rent in Webster is $612 a month, against $1,131 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 Webster — 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.