Rapid City has a population of 75,632 with a median age of 38.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 75,632 |
| Median Age | 38.6 |
| White | 78.5% |
| Black or African American | 1.6% |
| Asian | 1.2% |
| Hispanic or Latino | 6.1% |
| Other / Two or More Races | 12.6% |
The median household income in Rapid City is $62,784, which is 16.5% below the national median of $75,149. The per capita income is $38,421. The poverty rate is 13.4%.
The unemployment rate in Rapid City is 3.4%, compared to the national rate of 5.4%.
In Rapid City, 94.5% of residents age 25+ have a high school diploma or higher, and 35.5% hold a bachelor's degree or higher (13.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.5% |
| Bachelor's Degree or Higher | 35.5% |
| Graduate or Professional Degree | 13.1% |
The median home value in Rapid City is $244,500, below the national median of $281,900. The median monthly rent is $975. The homeownership rate is 61.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $244,500 |
| Median Monthly Rent | $975 |
| Homeownership Rate | 61.7% |
| Vacancy Rate | 7.8% |
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