Is Rapid Valley, South Dakota a Good Place To Live? - Living In Rapid Valley, SD

Is Rapid Valley, South Dakota a good place to live?
Rapid Valley is a city in South Dakota state in USA with a population of 8553 residents.. The poverty rate of Rapid Valley is 10.7%, which is 24% lower than national average. The typical household in Rapid Valley earns $64564 a year, compared to the national median of $67,500. Nearly 38.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Rapid Valley, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Rapid Valley remained 1.3%, which is 72% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Rapid Valley, only 17% of adults have a bachelor's degree and 39% have some college but no degree.

Cost of living in Rapid Valley is 93, which is 7% lower than national average. Median home value in Rapid Valley is $163400 , which is 29% lower than national average. While median income in Rapid Valley remained $64564, which is 4% lower than national average.
Population
8553
Unemployment
1.3%
72% NAT AVG.
Poverty
10.7%
24% NAT AVG.
Overall Score
6
Median Home Cost
$163400
29% NAT AVG.
Median Income
$64564
4% NAT AVG.
Median Rent
$1051
9% NAT AVG.
Cost Of Living
93
7% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 77
People Earning < $10,000
1 in 53
People Earning < $50,000
38.2%
People with <= High School
1 in 2.3
People With Any Degree
1 in 3.3
Pros & Cons Overview

Jobs85%

Housing80%

Affordability80%

Safety80%

Amenities80%

Diversity60%

Education70%

Commute90%