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Elk Point, SD

Full City Profile · South Dakota · Union County County

3.6 /5.0
B+ Good
2,391 Population 1,543/sq mi density
$83,250 Median Income $33,728 per capita
$228,400 Home Value $280,678 Zillow
$801 Median Rent 31.9% income on rent
49°F Avg Temperature 291 sunny days/yr
215 Violent Crime/100K 54 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$83,250 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$228,400 home value, $801/mo rent
F
Safety
1.0 / 5.0
215 violent crimes/100K
B+
Education
3.6 / 5.0
32.8% bachelor's degree or higher

Income Overview

Median Household Income
$83,250
11% above
US avg: $75,149
Per Capita Income
$33,728
14% below
US avg: $39,052
Unemployment Rate
1.5%
58% below
US avg: 3.6%
Poverty Rate
3.1%
75% below
US avg: 12.4%

Income Comparison: Elk Point vs. U.S. Average

Each bar shows Elk Point’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$83,250
111%
Per Capita
US: $39,052
$33,728
86%
IRS Avg AGI
US: $72,000
$187,706
261%
Avg Weekly Wage
US: $1,432
$1,409
98%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,409
2% below US avg ($1,432)
Mean Commute Time
21 min
23% below US avg (28 min)
Work From Home
5.8%
62% below US avg (15.2%)
Drive Alone
85.2%
16% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,261M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 85.2%
Public Transit 0%
Work From Home 5.8%
Other 9%
Average commute time
21 minutes
US avg: 28 min

Business Landscape

Total Establishments
878
Restaurants
44
Healthcare
79
Retail
50
Manufacturing
23

Tax & Financial

IRS Avg Adjusted Gross Income
$187,706
161% above US avg ($72,000)
Avg Property Tax
$11,271
222% above US avg ($3,500)
Cost of Living Index
88.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$83,250
Per Capita Income$33,728
IRS Avg Adjusted Gross Income$187,706
Avg Weekly Wage$1,409
County GDP$2,261M

Hardship Indicators

Unemployment Rate1.5%
Poverty Rate3.1%
Gini Coefficient0.467
Cost of Living Index88.6

Commute

Mean Commute21 minutes
Drive Alone85.2%
Public Transit0.0%
Work From Home5.8%

Businesses

Total Establishments878
Restaurants44
Healthcare79
Retail50
Manufacturing23

Tax

IRS Avg AGI$187,706
Avg Property Tax$11,271