Median Household Income
$83,208 ± $12,390
Median Home Value
$255,500 ± $14,144
Median Gross Rent
$1,174 ± $202/mo
Per Capita Income
$41,281
Poverty Rate
4.5%
Unemployment Rate
4.2%
Homeownership Rate
92.3%
Bachelor's Degree or Higher
19.8%
Median Age
43.2
Average Commute
18 min
Households
3,170
Veterans
675
Population Over Time
Rapid Valley shrank 19.1% from 2014 to 2024.
2014
8,619
2016
8,629
2018
9,475
2020
8,553
2022
7,324
2024
6,975
Population by Race & Ethnicity
White
76.6%
Hispanic or Latino
3.5%
Black or African American
1.2%
Asian
3.6%
Nearby Cities in South Dakota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.