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CITY

Milbank

South Dakota · 3,512 residents (2025 est.) · 2.774 sq mi
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The short version

Milbank has notably lower household income than the US average, with a median household income of $56,011. Population has declined 3% since 2000. Median home value has more than doubled since 2000, reaching $155,000. With a median age of 50.0, the population is older than the US median of 38.9. Households here earn about 25% less than the South Dakota median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 50.0
US median: 38.9
Average education
31% hold a bachelor's degree
US average: 36%
Less affordable
home values up 34%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,525
−3%since 2000
from 3,640 in 2000
1990 – 2025
Population density
1,271 / sq mi
−3%since 2000
from 1,312 / sq mi in 2000
US average: 281
Median age
50.0
+19%since 2000
from 42.0 in 2000
US average: 38.9

PEP 2025 EST:3,512 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
3K3K4K4K4K1990201020202024Milbank
20244K
1990201020202024
Section 02

Income & economy

Median household income
$56,011
+9%inflation adjusted, since 2000
from $28,194 in 2000
US average: $82,259
1990 – 2024
Per capita income
$37,811
+117%since 2000
from $17,446 in 2000
US average: $44,673
Households earning $100K+
38.2%
+21.6 ptssince 2009
from 16.6% in 2009
US average: 53.3%
Poverty rate
13.2%
+3.2 ptssince 2000
from 10.0% in 2000
US average: 12.5%
Income inequality (Gini)
0.489
+33%since 2010
from 0.367 in 2010
US average: 0.476
Workforce by industry, 2024
Information14%
US avg: 10.8%
Retail trade13.5%
US avg: 9.9%
Finance & insurance7.9%
US avg: 5.9%
Transportation & warehousing7.3%
US avg: 2.2%
Wholesale trade4.7%
US avg: 6.9%
Education & health services4.5%
US avg: 0.9%
Agriculture, forestry, fishing4.1%
US avg: 1.6%
Professional, scientific, technical3.4%
US avg: 5.1%
Other services2.8%
US avg: 6.7%
Public administration2.8%
US avg: 4.8%
Construction2.1%
US avg: 1.2%
Arts, entertainment, food2%
US avg: 1.9%
Manufacturing2%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$155,000
+34%inflation adjusted, since 2000
from $63,500 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$548
−19%inflation adjusted, since 2000
from $372 in 2000
US average: $1,442
Owner-occupied
69.8%
+0.1 ptssince 2000
from 69.7% in 2000
30.2% rent
Vacancy rate
12.0%
+5.1 ptssince 2009
from 6.8% in 2009
US average: 10.0%
Owner cost-burdened
16.4%
−5.7 ptssince 2009
from 22.1% in 2009
US average: 22.9%
Renter cost-burdened
25.8%
−10.5 ptssince 2009
from 36.3% in 2009
US average: 47.4%
Afford Score
2.8
+23%since 2000
from 2.3 in 2000
1990 – 2024
Gentrification Score
64
RELATED:See current rent listings in Milbank on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.8%(3,596)
Black0%(1)
Hispanic / Latino0.4%(13)
Asian0.4%(13)
Other0%
Diversity Score1.9%(67)
2024
White, non-Hispanic88.1%(3,107)
Black0%(0)
Hispanic / Latino10.7%(377)
Asian0%(0)
Other1.2%(41)
Diversity Score26.4%(932)
Diversity Score
26
+1327%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
31.2%
+13.1 ptssince 2000
from 18.1% in 2000
US average: 35.6%
High school or higher
93.1%
+14.0 ptssince 2000
from 79.1% in 2000
US average: 89.6%
Graduate degree
10.9%
+5.3 ptssince 2000
from 5.6% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
9.1 min
+2%since 2000
from 8.9 min in 2000
US average: 26.5
Drive alone to work
71.5%
−10.8 ptssince 2009
from 82.3% in 2009
US average: 68.9%
Carpooled to work
11.6%
+1.9 ptssince 2009
from 9.7% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
10.3%
+8.6 ptssince 2009
from 1.7% in 2009
US average: 15.0%
Walked to work
5.8%
+2.1 ptssince 2009
from 3.8% in 2009
US average: 2.4%
Biked to work
0.8%
−1.5 ptssince 2009
from 2.3% in 2009
US average: 0.4%
No vehicle available
4.8%
−0.3 ptssince 2009
from 5.1% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.4%
−1.8 ptssince 2011
from 3.3% in 2011
US average: 5.2%
Labor force participation
66.3%
+1.1 ptssince 2011
from 65.3% in 2011
US average: 63.5%
Self-employed
10.2%
−0.5 ptssince 2009
from 10.8% in 2009
US average: 13.1%
Management & professional
31.1%
−25.6 ptssince 2009
from 56.7% in 2009
US average: 42.5%
Section 08

People & community

Male
46.9%
−1.0 ptssince 2009
from 47.9% in 2009
Female
53.1%
+1.0 ptssince 2009
from 52.1% in 2009
Foreign born
10.6%
+8.8 ptssince 2009
from 1.8% in 2009
US average: 14.1%
Veterans
10.7%
−35.1 ptssince 2009
from 45.8% in 2009
US average: 6.2%
With a disability
18.1%
+0.4 ptssince 2012
from 17.7% in 2012
US average: 13.3%
Uninsured
2.6%
−83.2 ptssince 2013
from 85.8% in 2013
US average: 8.4%
Broadband at home
82.4%
+4.4 ptssince 2017
from 78.0% in 2017
US average: 91.0%
English only at home
88.1%
−7.8 ptssince 2016
from 95.9% in 2016
US average: 77.7%
Spanish at home
10.2%
+10.2 ptssince 2016
from 0.0% in 2016
US average: 13.6%
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MILBANK VS
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Frequently asked

How many people live in Milbank, South Dakota?

Milbank, South Dakota has about 3,525 residents according to the 2024 American Community Survey.

What is the median household income in Milbank, South Dakota?

The typical household in Milbank, South Dakota earns about $56,011 a year. Half of households make more than that, and half make less.

Is Milbank, South Dakota expensive?

In Milbank, South Dakota, the median home is worth about $155,000, and the typical rent is about $548 a month.

How educated are people in Milbank, South Dakota?

About 31.2% of adults age 25 and over in Milbank, South Dakota hold a bachelor's degree or higher.

What is the poverty rate in Milbank, South Dakota?

About 13.2% of people in Milbank, South Dakota live below the federal poverty line.

Has Milbank, South Dakota grown since 1990?

Yes, Milbank, South Dakota has shrunk since 1990. The population has lost about 354 residents, a change of about -9 percent over that period.

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

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