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COMPARING TWO PLACES

Rapid Valley vs Spearfish

PLACE A
Rapid Valley, South Dakota
VS
PLACE B
Spearfish, South Dakota
Rapid Valley is 51% smaller than Spearfish. Rapid Valley earns more, with a median household income $17,520 higher. Spearfish has grown faster since 2000 (16% vs -2%).
RAPID VALLEYSPEARFISHDIFFERENCE
Total population6,97514,154−51% vs Spearfish
Population density1,078821+257
Population growth-2.0%16.2%−18.2 pts
Median age43.240.0+3.2
Male53.8%48.1%+5.6 pts
Female46.2%51.9%−5.6 pts
Foreign-born4.9%2.6%+2.3 pts
White, non-Hispanic75.8%87.3%−11.5 pts
Black1.2%0.2%+1.0 pts
Hispanic / Latino3.5%3.9%−0.4 pts
Asian3.6%0.6%+3.0 pts
Other15.9%8.0%+7.8 pts
Median household income$83,208$65,688+$17,520
Per capita income$41,281$45,171−$3,890
Poverty rate4.5%15.2%−10.8 pts
Income inequality (Gini)0.3020.476−0.2
Bachelor's degree or higher19.8%41.8%−22.0 pts
Graduate degree6.3%16.3%−10.0 pts
Unemployment rate4.3%2.2%+2.1 pts
Labor force participation71.2%64.7%+6.5 pts
Median home value$255,500$346,200−$90,700
Median gross rent$1,174$963+$211
Owner-occupied92.3%49.6%+42.7 pts
Housing vacancy rate0.7%8.7%−8.0 pts
Rent-burdened households9.9%35.9%−26.0 pts
Average commute19.816.3+3.6
Worked from home9.2%6.6%+2.6 pts
Public transit to work0.0%1.3%−1.3 pts
Uninsured8.8%8.4%+0.4 pts
Population, 19902024
5K7K9K12K14K1990201020202024Rapid ValleySpearfish
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