South Dakota · Census place 62220
Summit town, SD
Quick answer
Summit town has 389 residents, ranking #182 of 485 places in South Dakota. Median household income is $57,500, the median home is worth $84,000 and median gross rent runs $775 a month.
- Population
- 389Summit town residents
- Median household income
- $57,500Past 12 months, inflation adjusted
- Median home value
- $84,000Owner-occupied units
- Median gross rent
- $775Rent plus utilities, monthly
- Median age
- 24.4 yrsAll residents
- Homeownership rate
- 68.4%Owner-occupied households
What the numbers mean in Summit town
Housing cost measured against local earnings.
A household earning the Summit town median would spend about 16.2% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.1% of residents and 68.4% 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.
- Colome city 397
- Hurley city 397
- Hayti town 393
- Gayville town 378
- Kennebec town 367
- Chancellor town 365
- Leola city 363
Keep going
More South Dakota coverage.