Rapid City, South Dakota Housing

Rapid City, South Dakota has a population of 78,911, with a median household income of $62,100.

Current housing data for Rapid City.

$267,800

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Population

78,911

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Median Income

$62,100

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Unemployment

3.60%

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Housing Price

$267,800

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Crime Rate

4.30

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Internet Speed

338.70 Mbps

Rapid City is a smaller urban community located in South Dakota. The city has a population that is above the average city population in South Dakota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Rapid City is a notable city in South Dakota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Rapid City has a population of 78,911, which is higher than the state average. This indicates a relatively larger urban presence within South Dakota.

Income and Economy

The median household income in Rapid City is $62,100, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Rapid City average around $267,800, which is relatively high compared to other cities in South Dakota.

Employment and Safety

The unemployment rate in Rapid City is 3.60%, which is lower than the state average, indicating a relatively strong job market. Rapid City has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in South Dakota, Rapid City shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of South Dakota, Rapid City contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Rapid City

What is the population of Rapid City?

The population of Rapid City is approximately 78,911.

Is Rapid City a good place to live?

Rapid City offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Rapid City?

The median household income in Rapid City is around $62,100.

How expensive is housing in Rapid City?

The average housing price in Rapid City is approximately $267,800.