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There are 72 USDA backed residential loans in Deuel county with an average loan balance of $81,558. Over 79% of the loans helped first time home buyers. Borrowers were an average age of 34 years old. The typical appraised home value was around $88,189. On average the rural home size purchased with this loan was approximately 1,412 SqFt. Deuel county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Deuel County is roughly 1,650 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Deuel County is 9. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Deuel County, SD
* cities most likely to have USDA loan eligible properties for sale.
*Altamont • *Astoria • Bemis • *Brandt • *Clear Lake • *Gary • *Goodwin • Johnsonville • Moritz • *Toronto • Tunerville
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Deuel County.
Deuel County is located in the northeastern part of the great state of South Dakota. It was founded in 1862 and named in honor of Jacob S. Deuel, who was a prominent citizen of South Dakota and served as a member of the territorial and state legislatures.
The county's original inhabitants were Native American tribes, including the Santee Sioux, who were eventually displaced by European settlers in the mid-1800s. The arrival of the railroad in the 1870s and 1880s spurred growth and development in the area. Agriculture has been the mainstay of the Deuel County economy since its formation, with fertile land making it ideal for farming crops like corn, wheat, and soybeans, as well as raising livestock.
The county seat is Clear Lake, which was established in 1884. The city was named after the nearby Clear Lake, a popular recreational area and an important source of water for early settlers. The lake is known for its clear water, which led to its name.
A fun fact about this region is that Deuel County is home to the South Dakota Tractor Museum, located in the town of Clear Lake. The museum features an impressive collection of tractors and agricultural equipment from various time periods, showcasing the evolution of farming technology in the region. Visitors can experience the rich agricultural history of Deuel County and appreciate the importance of farming in this part of the United States.