Last updated: 2024 BLS data · Page refreshed:
Spearfish has a population of 12,930 with a median age of 40.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 12,930 |
| Median Age | 40.0 |
| White | 88.5% |
| Black or African American | 0.5% |
| Asian | 0.6% |
| Hispanic or Latino | 3.9% |
| Other / Two or More Races | 6.5% |
The median household income in Spearfish is $65,688, which is 18.5% below the national median of $80,610. The per capita income is $45,171. The poverty rate is 15.2%.
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In Spearfish, 95.5% of residents age 25+ have a high school diploma or higher, and 41.8% hold a bachelor's degree or higher (16.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.5% |
| Bachelor's Degree or Higher | 41.8% |
| Graduate or Professional Degree | 16.3% |
The median home value in Spearfish is $346,200, above the national median of $303,400. The median monthly rent is $963. The homeownership rate is 49.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $346,200 |
| Median Monthly Rent | $963 |
| Homeownership Rate | 49.6% |
| Vacancy Rate | 8.7% |
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