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CITY

Rapid Valley

South Dakota · 6,975 residents · 6.468 sq mi
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Notable rankings
#305Highest homeownership rateof 6,82392.3%
The short version

Rapid Valley has roughly average household income, with a median household income of $83,208. Population has held roughly steady since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has roughly tripled since 2000, reaching $255,500. Poverty is rare here, at 4.5% of residents.

At a glance
Average income
near the US median
US median: $82,259
Older
median age 43.2
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
Less affordable
home values up 85%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
6,975
−1%since 2000
from 7,043 in 2000
1990 – 2024
Population density
1,078 / sq mi
−1%since 2000
from 1,089 / sq mi in 2000
US average: 281
Median age
43.2
+42%since 2000
from 30.5 in 2000
US average: 38.9
Population, 1990 – 2024
6K7K8K9K10K1990201020202024Rapid Valley
20247K
1990201020202024
Section 02

Income & economy

Median household income
$83,208
+15%inflation adjusted, since 2000
from $39,816 in 2000
US average: $82,259
1990 – 2024
Per capita income
$41,281
+178%since 2000
from $14,841 in 2000
US average: $44,673
Households earning $100K+
55.6%
+34.9 ptssince 2009
from 20.7% in 2009
US average: 53.3%
Poverty rate
4.5%
−4.3 ptssince 2000
from 8.7% in 2000
US average: 12.5%
Income inequality (Gini)
0.302
−10%since 2010
from 0.335 in 2010
US average: 0.476
Workforce by industry, 2024
Information11.6%
US avg: 10.8%
Wholesale trade9.3%
US avg: 6.9%
Retail trade9.3%
US avg: 9.9%
Finance & insurance8.8%
US avg: 5.9%
Other services6.1%
US avg: 6.7%
Public administration6.1%
US avg: 4.8%
Professional, scientific, technical5.9%
US avg: 5.1%
Agriculture, forestry, fishing5.6%
US avg: 1.6%
Manufacturing5.2%
US avg: 0.4%
Education & health services2.9%
US avg: 0.9%
Transportation & warehousing2.3%
US avg: 2.2%
Arts, entertainment, food2.1%
US avg: 1.9%
Construction0.4%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$255,500
+85%inflation adjusted, since 2000
from $76,000 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,174
+26%inflation adjusted, since 2000
from $512 in 2000
US average: $1,442
Owner-occupied
92.3%
+6.1 ptssince 2000
from 86.2% in 2000
7.7% rent
Vacancy rate
0.7%
−2.3 ptssince 2009
from 3.0% in 2009
US average: 10.0%
Owner cost-burdened
20.2%
−23.3 ptssince 2009
from 43.5% in 2009
US average: 22.9%
Renter cost-burdened
9.9%
−45.4 ptssince 2009
from 55.3% in 2009
US average: 47.4%
Afford Score
3.1
+61%since 2000
from 1.9 in 2000
1990 – 2024
Gentrification Score
64
RELATED:See current rent listings in Rapid Valley on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic89.5%(6,300)
Black0.6%(44)
Hispanic / Latino2.5%(177)
Asian0.5%(36)
Other0%
Diversity Score9.5%(670)
2024
White, non-Hispanic75.8%(5,290)
Black1.2%(84)
Hispanic / Latino3.5%(241)
Asian3.6%(252)
Other15.9%(1,108)
Diversity Score49.6%(3,461)
Diversity Score
50
+422%since 2000
from 10 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
19.8%
+6.8 ptssince 2000
from 13.0% in 2000
US average: 35.6%
High school or higher
92.6%
+3.3 ptssince 2000
from 89.3% in 2000
US average: 89.6%
Graduate degree
6.3%
+3.0 ptssince 2000
from 3.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.8 min
+95%since 2000
from 10.1 min in 2000
US average: 26.5
Drive alone to work
81.5%
−0.7 ptssince 2009
from 82.2% in 2009
US average: 68.9%
Carpooled to work
4.3%
−7.3 ptssince 2009
from 11.6% in 2009
US average: 8.5%
Public transit
0.0%
−0.2 ptssince 2009
from 0.2% in 2009
US average: 3.2%
Worked from home
9.2%
+3.7 ptssince 2009
from 5.5% in 2009
US average: 15.0%
Walked to work
1.9%
+1.9 ptssince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
5.2%
+4.9 ptssince 2009
from 0.3% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.3%
−2.1 ptssince 2011
from 6.4% in 2011
US average: 5.2%
Labor force participation
71.2%
−11.0 ptssince 2011
from 82.2% in 2011
US average: 63.5%
Self-employed
18.6%
+10.8 ptssince 2009
from 7.7% in 2009
US average: 13.1%
Management & professional
35.2%
−27.6 ptssince 2009
from 62.8% in 2009
US average: 42.5%
Section 08

People & community

Male
53.8%
+3.5 ptssince 2009
from 50.3% in 2009
Female
46.2%
−3.5 ptssince 2009
from 49.7% in 2009
Foreign born
4.9%
+3.6 ptssince 2009
from 1.3% in 2009
US average: 14.1%
Veterans
12.2%
−36.0 ptssince 2009
from 48.2% in 2009
US average: 6.2%
With a disability
12.7%
+5.0 ptssince 2012
from 7.7% in 2012
US average: 13.3%
Uninsured
8.8%
−75.9 ptssince 2013
from 84.7% in 2013
US average: 8.4%
Broadband at home
95.0%
+10.3 ptssince 2017
from 84.7% in 2017
US average: 91.0%
English only at home
95.3%
−2.7 ptssince 2016
from 98.0% in 2016
US average: 77.7%
Spanish at home
0.4%
−0.1 ptssince 2016
from 0.4% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Rapid Valley to nearby cities

RAPID VALLEY VS
Box Elder
Income$73,008−12%
Home value$302,100+18%
Population13,936+100%
SEE FULL COMPARISON →
RAPID VALLEY VS
Rapid City
Income$70,870−15%
Home value$299,400+17%
Population80,589+1055%
SEE FULL COMPARISON →
RAPID VALLEY VS
Spearfish
Income$65,688−21%
Home value$346,200+35%
Population14,154+103%
SEE FULL COMPARISON →
Frequently asked

How many people live in Rapid Valley, South Dakota?

Rapid Valley, South Dakota has about 6,975 residents according to the 2024 American Community Survey.

What is the median household income in Rapid Valley, South Dakota?

The typical household in Rapid Valley, South Dakota earns about $83,208 a year. Half of households make more than that, and half make less.

Is Rapid Valley, South Dakota expensive?

In Rapid Valley, South Dakota, the median home is worth about $255,500, and the typical rent is about $1,174 a month.

How educated are people in Rapid Valley, South Dakota?

About 19.8% of adults age 25 and over in Rapid Valley, South Dakota hold a bachelor's degree or higher.

What is the poverty rate in Rapid Valley, South Dakota?

About 4.5% of people in Rapid Valley, South Dakota live below the federal poverty line.

Has Rapid Valley, South Dakota grown since 1990?

Yes, Rapid Valley, South Dakota has grown since 1990. The population has added about 1,007 residents, a change of about 17 percent over that period.

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

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