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

Is Summerset, South Dakota a good place to live?
Summerset is a city in South Dakota state in USA with a population of 2477 residents.. The poverty rate of Summerset is 2%, which is 86% lower than national average. The typical household in Summerset earns $88526 a year, compared to the national median of $67,500. Nearly 21.7% 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 Summerset, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Summerset remained 2%, which is 57% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Summerset, only 35% of adults have a bachelor's degree and 39% have some college but no degree.

Cost of living in Summerset is 0, which is 100% lower than national average. Median home value in Summerset is $225200 , which is 2% lower than national average. While median income in Summerset remained $88526, which is 31% higher than national average.
Population
2477
Unemployment
2%
57% NAT AVG.
Poverty
2%
86% NAT AVG.
Overall Score
8.5
Median Home Cost
$225200
2% NAT AVG.
Median Income
$88526
31% NAT AVG.
Median Rent
$1127
3% NAT AVG.
People Living BPL
1 in 50
Unemployed People
1 in 50
People Earning < $10,000
1 in 59
People Earning < $50,000
21.7%
People with <= High School
1 in 3.8
People With Any Degree
1 in 1.9
Pros & Cons Overview

Jobs90%

Housing85%

Affordability85%

Safety60%

Amenities60%

Diversity50%

Education90%

Commute85%