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ZipNumbers

South Dakota · Census place 50260

Platte city, SD

Quick answer

Platte city has 1,310 residents, ranking #65 of 485 places in South Dakota. Median household income is $71,641, the median home is worth $165,700 and median gross rent runs $860 a month.

Population
1,310Platte city residents
Median household income
$71,641Past 12 months, inflation adjusted
Median home value
$165,700Owner-occupied units
Median gross rent
$860Rent plus utilities, monthly
Median age
32.9 yrsAll residents
Homeownership rate
70.1%Owner-occupied households

What the numbers mean in Platte city

Housing cost measured against local earnings.

A household earning the Platte city median would spend about 14.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.2% of residents and 70.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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