At a Glance
Median Income
$43,750
$26,224 per capita
Home Value
$102,800
Zillow: $321,470
Median Rent
$739/mo
22.1% of income on rent
Bachelor's Degree+
14.1%
95.7% high school+
Unemployment
0.0%
16.0% poverty rate
Obesity Rate
34.1%
17.0% smoking rate
How Philip Compares to the U.S. Average
Each bar shows Philip's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Philip a Good Place to Live?
B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Philip residents earn a median household income of $43,750 , which is 42% below the national average of $75,149.
Per capita income is $26,224. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 16.0% of residents live below the poverty line. The area is home to 111 business establishments, including 9 restaurants.
Housing & Cost of Living
The median home value in Philip is $102,800 , 64% below the national median of $281,900.
Zillow estimates the typical home at $321,470. Median rent is $739/month, with 22.1% of renters spending more than 30% of income on housing. The cost of living index is 88.6 (100 = national average). The median home was built in 1973.
Education
14.1% of adults in Philip hold a bachelor's degree or higher
(58% below the national average).
95.7% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Philip has an average annual temperature of 48°F (9°C).
Winters average 22°F in January while summers reach 75°F in July. Annual precipitation totals 16.3 inches.
Data Overview
People
Population491
Median Age50.6 yrs
Density792/mi²
Male / Female41% / 60%
Foreign Born0.0%
Veterans0.2%
Economy
B
Median Income$43,750
Per Capita$26,224
Unemployment0.0%
Poverty16.0%
County GDP$133M
Avg Weekly Wage$914
Housing
A+
Home Value$102,800
Rent$739
Ownership59.4%
Zillow$321,470
Housing Units332
Rent Burden22.1%
Health
Obesity34.1%
Diabetes9.8%
Smoking17.0%
Heart Disease5.7%
Premature Death5,004/100K
Climate
Avg Temp48°F
Rain16.3 in/yr
Elevation2,224 ft
Education
C
Bachelor's+14.1%
High School+95.7%
Graduate+1.5%
School Score5.9/10
Community
2024 VoteR 89% / D 9%
Commute7 min
Broadband53.8%
Internet Speed30 Mbps
Libraries2
Did You Know?
Philip was founded in 1907.
The median home in Philip was built in 1973.
The nearest airport is Rapid City Regional (69 miles).
The Gini coefficient (income inequality) is 0.485 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
14.0% of the population has a disability.
The county recorded 1 fatal vehicle crashes.