Rapid Valley, SD
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Rapid Valley, South Dakota Summary

Life in Rapid Valley research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Rapid Valley over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Rapid Valley:

  • The population in Rapid Valley is 7,324.

  • The median home value in Rapid Valley is $264,063.

  • The median income in Rapid Valley is $76,827.

  • The cost of living in Rapid Valley is 92 which is 0.9x lower than the national average.

  • The median rent in Rapid Valley is $1,327.

  • The unemployment rate in Rapid Valley is 3.1%.

  • The poverty rate in Rapid Valley is 11.0%.

  • The average high in Rapid Valley is 59.6° and the average low is 35.5°.

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Rapid Valley SnackAbility

6
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8
Diversity
6
Safety
N/A
Amenities
8
Education
7
Commute
9
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Rapid Valley, SD Cost Of Living

Cost of living in Rapid Valley summary. We use data on the cost of living to determine how expensive it is to live in Rapid Valley. Real estate prices drive most of the variance in cost of living around South Dakota. Key points include:

  • The cost of living in Rapid Valley is 92 with 100 being average.

  • The cost of living in Rapid Valley is 0.9x lower than the national average.

  • The median home value in Rapid Valley is $264,063.

  • The median income in Rapid Valley is $76,827.

92
Rapid Valley's Overall Cost Of Living
0.9x
Lower Than The National Average

Cost Of Living In Rapid Valley Comparison Table

Living Expense Rapid Valley South Dakota National Average
Overall 92 93 100
Services 93 93 100
Groceries 112 100 100
Health 84 95 100
Housing 89 90 100
Transportation 100 94 100
Utilities 94 89 100

Rapid Valley, SD Weather

  • The average high in Rapid Valley is 59.6° and the average low is 35.5°.

  • There are 44.5 days of precipitation each year.

  • Expect an average of 17.5 inches of precipitation each year with 41.6 inches of snow.

StatRapid Valley
Average Annual High59.6
Average Annual Low35.5
Annual Precipitation Days44.5
Average Annual Precipitation17.5
Average Annual Snowfall41.6
59.6°
Average High
44.5°
Days of Rain

Rankings for Rapid Valley in South Dakota

Locations Around Rapid Valley

Map Of Rapid Valley, SD

Best Places Around Rapid Valley

1

Sturgis, SD
Population 7,121

2

Spearfish, SD
Population 12,268

3

Box Elder, SD
Population 11,905

4

Hot Springs, SD
Population 3,465

Rapid Valley Demographics And Statistics

Population over time in Rapid Valley

The current population in Rapid Valley is 7,324. The population has decreased -9.9% from 2010.

Year Population % Change
2022 7,324 -22.7%
2021 9,475 4.9%
2020 9,034 4.7%
2019 8,629 1.3%
2018 8,516 -1.2%
2017 8,619 0.2%
2016 8,602 3.9%
2015 8,280 -0.7%
2014 8,336 2.5%
2013 8,130 -

Race / Ethnicity in Rapid Valley

White
79.2% (5,800)
African American
1.1% (78)
American Indian
3.7% (269)
Asian
1.8% (135)
Hawaiian
0.0% (0)
Other
0.0% (1)
Two Or More
7.6% (558)
Hispanic
6.6% (483)

Rapid Valley is:

  • 79.2% White with 5,800 White residents.

  • 1.1% African American with 78 African American residents.

  • 3.7% American Indian with 269 American Indian residents.

  • 1.8% Asian with 135 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.0% Other with 1 Other residents.

  • 7.6% Two Or More with 558 Two Or More residents.

  • 6.6% Hispanic with 483 Hispanic residents.

Race Rapid Valley SD USA
White 79.2% 80.6% 58.9%
African American 1.1% 2.2% 12.1%
American Indian 3.7% 7.6% 0.6%
Asian 1.8% 1.4% 5.7%
Hawaiian 0.0% 0.1% 0.2%
Other 0.0% 0.2% 0.4%
Two Or More 7.6% 3.5% 3.5%
Hispanic 6.6% 4.4% 18.7%

Gender in Rapid Valley

Female
44.5% (3,256)
Male
55.5% (4,068)
  • Rapid Valley is 44.5% female with 3,256 female residents.

  • Rapid Valley is 55.5% male with 4,068 male residents.

Gender Rapid Valley SD USA
Female 44.5% 49.3% 50.4%
Male 55.5% 50.7% 49.6%

Highest level of educational attainment in Rapid Valley for adults over 25

  • 6.0% of adults in Rapid Valley completed < 9th grade.

  • 4.0% of adults in Rapid Valley completed 9-12th grade.

  • 28.0% of adults in Rapid Valley completed high school / ged.

  • 25.0% of adults in Rapid Valley completed some college.

  • 17.0% of adults in Rapid Valley completed associate's degree.

  • 13.0% of adults in Rapid Valley completed bachelor's degree.

  • 6.0% of adults in Rapid Valley completed master's degree.

  • 1.0% of adults in Rapid Valley completed professional degree.

  • 0.0% of adults in Rapid Valley completed doctorate degree.

< 9th Grade
6.0% (439)
9-12th Grade
4.0% (292)
High School / GED
28.0% (2,050)
Some College
25.0% (1,831)
Associate's Degree
17.0% (1,245)
Bachelor's Degree
13.0% (952)
Master's Degree
6.0% (439)
Professional Degree
1.0% (73)
Doctorate Degree
0.0% (0)
Education Rapid Valley SD USA
< 9th Grade 6.0% 2.0% 4.0%
9-12th Grade 4.0% 5.0% 6.0%
High School / GED 28.0% 30.0% 26.0%
Some College 25.0% 20.0% 20.0%
Associate's Degree 17.0% 12.0% 9.0%
Bachelor's Degree 13.0% 21.0% 21.0%
Master's Degree 6.0% 7.0% 10.0%
Professional Degree 1.0% 2.0% 2.0%
Doctorate Degree 0.0% 1.0% 2.0%

Household Income For Rapid Valley, South Dakota

  • 2.7% of households in Rapid Valley earn Less than $10,000.

  • 0.6% of households in Rapid Valley earn $10,000 to $14,999.

  • 2.9% of households in Rapid Valley earn $15,000 to $24,999.

  • 9.8% of households in Rapid Valley earn $25,000 to $34,999.

  • 11.0% of households in Rapid Valley earn $35,000 to $49,999.

  • 22.3% of households in Rapid Valley earn $50,000 to $74,999.

  • 17.0% of households in Rapid Valley earn $75,000 to $99,999.

  • 25.2% of households in Rapid Valley earn $100,000 to $149,999.

  • 7.1% of households in Rapid Valley earn $150,000 to $199,999.

  • 1.3% of households in Rapid Valley earn $200,000 or more.

Less than $10,000
2.7% (19,935)
$10,000 to $14,999
0.6% (4,746)
$15,000 to $24,999
2.9% (21,359)
$25,000 to $34,999
9.8% (71,673)
$35,000 to $49,999
11.0% (80,692)
$50,000 to $74,999
22.3% (163,282)
$75,000 to $99,999
17.0% (124,598)
$100,000 to $149,999
25.2% (184,642)
$150,000 to $199,999
7.1% (51,737)
$200,000 or more
1.3% (9,730)
Income Rapid Valley SD USA
Less than $10,000 2.7% 4.2% 4.9%
$10,000 to $14,999 0.6% 3.7% 3.8%
$15,000 to $24,999 2.9% 7.3% 7.0%
$25,000 to $34,999 9.8% 8.2% 7.4%
$35,000 to $49,999 11.0% 12.3% 10.7%
$50,000 to $74,999 22.3% 17.8% 16.1%
$75,000 to $99,999 17.0% 15.0% 12.8%
$100,000 to $149,999 25.2% 17.6% 17.1%
$150,000 to $199,999 7.1% 7.4% 8.8%
$200,000 or more 1.3% 6.5% 11.4%

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