Fort Thompson is a city in South Dakota state in USA with a population of 1235 residents.. The poverty rate of Fort Thompson is 52%, which is 271% higher than national average. The typical household in Fort Thompson earns $23594 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 2 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 3 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 75.7% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Fort Thompson are struggling financially. Nearly one in every 1 in every 4 workers in Fort Thompson is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Fort Thompson, only 75% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Fort Thompson remained 27.8%, which is 491% higher than national rate. Nearly 6 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Fort Thompson, only 5% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Fort Thompson is 0, which is 100% lower than national average. Median home value in Fort Thompson is $30500 , which is 87% lower than national average. While median income in Fort Thompson remained $23594, which is 65% lower than national average.