Rapid Valley

Population: 7,153
Median household income: $85,217
Median home value: $226,300

Located in Pennington County, South Dakota, Rapid Valley is a community with a population of 7,153. The median household income of $85,217 is above the Pennington County median ($70,768).

From 2019 to 2023, Rapid Valley's population declined 21.5% from 9,114 to 7,153, while its median home value rose 40.5% from $161,100 to $226,300.

The median gross rent is $1,263. 20.1% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 7,153
Median age: 42.6 yrs
Median household income: $85,217
Median home value: $226,300
Median gross rent: $1,263
Housing units: 3,307
Homeownership rate: 95.8%
Bachelor's degree or higher: 20.1%
Unemployment rate: 3.4%

Trends

ACS 5-year · 2019–2023

Population

9,1147,153

Median household income

$64,590$85,217

Median home value

$161,100$226,300

Median gross rent

$834$1,263

Year	Population	Median household income	Median home value	Median gross rent
2019	9,114	$64,590	$161,100	$834
2020	8,553	$64,564	$163,400	$1,051
2021	7,875	$66,429	$169,300	$1,136
2022	7,324	$76,827	$197,700	$1,327
2023	7,153	$85,217	$226,300	$1,263

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.1%

5 to 1713.8%

18 to 249.6%

25 to 349.5%

35 to 4418.1%

45 to 5415.3%

55 to 6413.4%

65 to 7410.6%

75 and over5.7%

	Count	Share
Under 5	293	4.1%
5 to 17	985	13.8%
18 to 24	687	9.6%
25 to 34	679	9.5%
35 to 44	1,295	18.1%
45 to 54	1,092	15.3%
55 to 64	957	13.4%
65 to 74	759	10.6%
75 and over	406	5.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,508	77.0%
Black or African American	73	1.0%
American Indian & Alaska Native	298	4.2%
Asian	138	1.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	219	3.1%
Two or more races	642	9.0%
Hispanic or Latino (any race)	275	3.8%

Educational attainment (age 25+)

No high school diploma8.2%

High school graduate29.0%

Some college or associate's42.7%

Bachelor's degree14.1%

Graduate or professional degree5.9%

	Count	Share
No high school diploma	427	8.2%
High school graduate	1,502	29.0%
Some college or associate's	2,217	42.7%
Bachelor's degree	734	14.1%
Graduate or professional degree	308	5.9%

Commute to work

Mean travel time to work: 18 min

Drove alone83.4%

Carpooled4.5%

Public transit0.0%

Walked2.1%

Bicycle0.0%

Worked from home7.8%

Other means2.3%

How workers get to work

	Count	Share
Drove alone	3,445	83.4%
Carpooled	185	4.5%
Public transit	0	0.0%
Walked	85	2.1%
Bicycle	0	0.0%
Worked from home	322	7.8%
Other means	95	2.3%

Travel time

	Count	Share
Under 15 min	1,367	35.9%
15 to 29 min	2,087	54.8%
30 to 44 min	149	3.9%
45 to 59 min	55	1.4%
60+ min	152	4.0%

Households

Average household size: 2.20
Poverty rate: 6.9% (487 of 7,109)

	Count	Share
Family households	1,856	57.1%
Nonfamily households	1,397	42.9%

Housing

Median year structure built: 1987

Occupancy

	Count	Share
Occupied	3,253	98.4%
Vacant	54	1.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	3,116	95.8%
Renter-occupied	137	4.2%

1-unit, detached83.8%

1-unit, attached3.0%

2 to 4 units0.0%

5 to 19 units1.7%

20 or more units0.0%

Mobile home & other11.5%

Units in structure

	Count	Share
1-unit, detached	2,772	83.8%
1-unit, attached	99	3.0%
2 to 4 units	0	0.0%
5 to 19 units	56	1.7%
20 or more units	0	0.0%
Mobile home & other	380	11.5%

Geography

Place GEOID: 4653007
Type (LSAD): 57
Land area: 6.41 sq mi
Water area: 0 sq mi
Center point: 44.0673, -103.1223