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

Is Spearfish, South Dakota a good place to live?
Spearfish is a city in South Dakota state in USA with a population of 11702 residents.. The poverty rate of Spearfish is 12.6%, which is 10% lower than national average. The typical household in Spearfish earns $50072 a year, compared to the national median of $67,500. Nearly 50% 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 Spearfish, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Spearfish remained 1.7%, which is 64% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Spearfish, only 43% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Spearfish is 99, which is 1% lower than national average. Median home value in Spearfish is $223200 , which is 3% lower than national average. While median income in Spearfish remained $50072, which is 26% lower than national average.
Population
11702
Unemployment
1.7%
64% NAT AVG.
Poverty
12.6%
10% NAT AVG.
Overall Score
8
Median Home Cost
$223200
3% NAT AVG.
Median Income
$50072
26% NAT AVG.
Median Rent
$821
29% NAT AVG.
Cost Of Living
99
1% NAT AVG.
People Living BPL
1 in 8
Unemployed People
1 in 59
People Earning < $10,000
1 in 28
People Earning < $50,000
50%
People with <= High School
1 in 3.8
People With Any Degree
1 in 2
Pros & Cons Overview

Jobs80%

Housing80%

Affordability60%

Safety50%

Amenities70%

Diversity50%

Education90%

Commute95%