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Rapid City, South Dakota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
77,946
Population
$70,870
Median Income
$299,400
Home Value
39.1
Median Age

Demographics

Rapid City has a population of 77,946 with a median age of 39.1. Here is the racial and ethnic breakdown of the population:

White
77.5%
Other
13.9%
Hispanic
6.1%
Asian
1.3%
Black
1.2%
Demographic Value
Total Population77,946
Median Age39.1
White77.5%
Black or African American1.2%
Asian1.3%
Hispanic or Latino6.1%
Other / Two or More Races13.9%
Rapid City, South Dakota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 77.5%Other: 13.9%Hispanic/Latino: 6.1%Other: 2.5%77,946PopulationWhiteWhite77.5%OtherOther13.9%Hispanic/LatinoHispanic/Latino6.1%OtherOther2.5%

Income & Economy

The median household income in Rapid City is $70,870, which is 12.1% below the national median of $80,610. The per capita income is $42,204. The poverty rate is 12.5%.

$70,870
Median Household Income
$42,204
Per Capita Income
12.5%
Poverty Rate

Employment

The unemployment rate in Rapid City is 1.7%, compared to the national rate of 4.1%.

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Education

In Rapid City, 94.5% of residents age 25+ have a high school diploma or higher, and 37.0% hold a bachelor's degree or higher (14.3% with a graduate or professional degree).

HS Diploma+
94.5%
Bachelor's+
37.0%
Graduate+
14.3%
Education Level % of Adults (25+)
High School Diploma or Higher94.5%
Bachelor's Degree or Higher37.0%
Graduate or Professional Degree14.3%

Housing

The median home value in Rapid City is $299,400, below the national median of $303,400. The median monthly rent is $1,109. The homeownership rate is 62.9%.

$299,400
Median Home Value
$1,109/mo
Median Rent
62.9%
Homeownership Rate
Housing Metric Value
Median Home Value$299,400
Median Monthly Rent$1,109
Homeownership Rate62.9%
Vacancy Rate9.0%

Salaries in South Dakota

Explore salary data for popular occupations in South Dakota:

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Other Cities in South Dakota

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Frequently Asked Questions

What is the population of Rapid City, South Dakota?
The population of Rapid City, South Dakota is 77,946 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Rapid City, South Dakota?
The median household income in Rapid City, South Dakota is $70,870. This is 12.1% below the national median of $80,610.
What is the median home value in Rapid City, South Dakota?
The median home value in Rapid City, South Dakota is $299,400. The median monthly rent is $1,109.
What percentage of people in Rapid City have a college degree?
In Rapid City, South Dakota, 37.0% of adults age 25 and older hold a bachelor's degree or higher, and 94.5% have a high school diploma or higher.
Is Rapid City, South Dakota an affordable place to live?
The home price-to-income ratio in Rapid City, South Dakota is 4.2x (median home value $299,400 vs. median income $70,870), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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