South Dakota · Census place 53007
Rapid Valley CDP, SD
Quick answer
Rapid Valley CDP has 7,153 residents, ranking #15 of 485 places in South Dakota. Median household income is $85,217, the median home is worth $226,300 and median gross rent runs $1,263 a month.
- Population
- 7,153Rapid Valley CDP residents
- Median household income
- $85,217Past 12 months, inflation adjusted
- Median home value
- $226,300Owner-occupied units
- Median gross rent
- $1,263Rent plus utilities, monthly
- Median age
- 42.6 yrsAll residents
- Homeownership rate
- 95.8%Owner-occupied households
What the numbers mean in Rapid Valley CDP
Housing cost measured against local earnings.
A household earning the Rapid Valley CDP median would spend about 17.8% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.9% of residents and 95.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in South Dakota.
- Vermillion city 11,800
- Brandon city 10,996
- Harrisburg city 7,790
- Sturgis city 7,111
- Tea city 6,339
- Madison city 6,158
- Belle Fourche city 5,741
Keep going
More South Dakota coverage.