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CITY

Rapid City

Michigan · 1,328 residents · 5.408 sq mi
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The short version

Rapid City has lower-than-average household income, with a median household income of $73,021. Population has held roughly steady since 2023. 14% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $214,700. With a median age of 50.1, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 50.1
US median: 38.9
Less educated
14% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,328
+1%since 2023
from 1,315 in 2023
2010 – 2024
Population density
246 / sq mi
+1%since 2023
from 243 / sq mi in 2023
US average: 281
Median age
50.1
−3%since 2023
from 51.6 in 2023
US average: 38.9
Population, 2010 – 2024
1K1K1K2K2K201020202024Rapid City
20241K
201020202024
Section 02

Income & economy

Median household income
$73,021
+8%inflation adjusted, since 2023
from $65,438 in 2023
US average: $82,259
2010 – 2024
Per capita income
$36,532
+15%since 2023
from $31,757 in 2023
US average: $44,673
Households earning $100K+
44.0%
+9.3 ptssince 2023
from 34.7% in 2023
US average: 53.3%
Poverty rate
12.7%
−1.1 ptssince 2023
from 13.8% in 2023
US average: 12.5%
Income inequality (Gini)
0.384
+11%since 2023
from 0.347 in 2023
US average: 0.476
Workforce by industry, 2024
Wholesale trade15%
US avg: 6.9%
Retail trade12.9%
US avg: 9.9%
Information9.2%
US avg: 10.8%
Finance & insurance9.2%
US avg: 5.9%
Professional, scientific, technical5.9%
US avg: 5.1%
Education & health services3.3%
US avg: 0.9%
Transportation & warehousing1.7%
US avg: 2.2%
Other services0.7%
US avg: 6.7%
Public administration0.7%
US avg: 4.8%
Arts, entertainment, food0.5%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$214,700
−2%inflation adjusted, since 2023
from $212,500 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$969
−5%inflation adjusted, since 2023
from $987 in 2023
US average: $1,442
Owner-occupied
84.8%
−1.5 ptssince 2023
from 86.3% in 2023
15.2% rent
Vacancy rate
33.1%
+1.2 ptssince 2023
from 31.8% in 2023
US average: 10.0%
Owner cost-burdened
16.0%
−1.7 ptssince 2023
from 17.7% in 2023
US average: 22.9%
Renter cost-burdened
40.6%
−14.8 ptssince 2023
from 55.4% in 2023
US average: 47.4%
Afford Score
2.9
−9%since 2023
from 3.2 in 2023
2010 – 2024
Gentrification Score
69
RELATED:See current rent listings in Rapid City on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic96.2%(1,265)
Black0%(0)
Hispanic / Latino1.2%(16)
Asian0%(0)
Other2.6%(34)
Diversity Score9.2%(121)
2024
White, non-Hispanic95.1%(1,263)
Black0%(0)
Hispanic / Latino1.4%(19)
Asian0%(0)
Other3.5%(46)
Diversity Score11.8%(156)
Diversity Score
12
+28%since 2023
from 9 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
13.9%
+0.9 ptssince 2023
from 13.0% in 2023
US average: 35.6%
High school or higher
94.3%
−0.3 ptssince 2023
from 94.6% in 2023
US average: 89.6%
Graduate degree
7.7%
+0.1 ptssince 2023
from 7.6% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
35.2 min
+42%since 2023
from 24.8 min in 2023
US average: 26.5
Drive alone to work
81.5%
−10.5 ptssince 2023
from 92.1% in 2023
US average: 68.9%
Carpooled to work
12.4%
+8.2 ptssince 2023
from 4.2% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
5.0%
+1.2 ptssince 2023
from 3.8% in 2023
US average: 15.0%
Walked to work
1.1%
+1.1 ptssince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
1.9%
−0.1 ptssince 2023
from 2.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.1%
−2.9 ptssince 2023
from 8.0% in 2023
US average: 5.2%
Labor force participation
54.0%
+3.7 ptssince 2023
from 50.3% in 2023
US average: 63.5%
Self-employed
8.0%
+3.4 ptssince 2023
from 4.7% in 2023
US average: 13.1%
Management & professional
15.2%
+1.2 ptssince 2023
from 14.0% in 2023
US average: 42.5%
Section 08

People & community

Male
51.1%
−0.8 ptssince 2023
from 51.9% in 2023
Female
48.9%
+0.8 ptssince 2023
from 48.1% in 2023
Foreign born
0.9%
+0.4 ptssince 2023
from 0.5% in 2023
US average: 14.1%
Veterans
11.4%
−1.5 ptssince 2023
from 12.9% in 2023
US average: 6.2%
With a disability
19.1%
−1.5 ptssince 2023
from 20.6% in 2023
US average: 13.3%
Uninsured
5.6%
−4.0 ptssince 2023
from 9.6% in 2023
US average: 8.4%
Broadband at home
94.1%
+0.5 ptssince 2023
from 93.6% in 2023
US average: 91.0%
English only at home
97.5%
−1.9 ptssince 2023
from 99.4% in 2023
US average: 77.7%
Spanish at home
0.5%
+0.5 ptssince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

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Places similar to Rapid City
Head to head

Compare Rapid City to nearby cities

RAPID CITY VS
Traverse City
Income$74,087+1%
Home value$415,400+93%
Population15,832+1092%
SEE FULL COMPARISON →
RAPID CITY VS
Cadillac
Income$51,773−29%
Home value$134,300−37%
Population10,438+686%
SEE FULL COMPARISON →
RAPID CITY VS
Big Rapids
Income$43,858−40%
Home value$156,400−27%
Population8,623+549%
SEE FULL COMPARISON →
RAPID CITY VS
Mount Pleasant
Income$44,706−39%
Home value$173,100−19%
Population20,925+1476%
SEE FULL COMPARISON →
Frequently asked

How many people live in Rapid City, Michigan?

Rapid City, Michigan has about 1,328 residents according to the 2024 American Community Survey.

What is the median household income in Rapid City, Michigan?

The typical household in Rapid City, Michigan earns about $73,021 a year. Half of households make more than that, and half make less.

Is Rapid City, Michigan expensive?

In Rapid City, Michigan, the median home is worth about $214,700, and the typical rent is about $969 a month.

How educated are people in Rapid City, Michigan?

About 13.9% of adults age 25 and over in Rapid City, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Rapid City, Michigan?

About 12.7% of people in Rapid City, Michigan live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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