Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.9 yrs |
|---|---|
| Avg HH Size | 2.50 |
| Below Poverty | 6.8% ▼ 32% below avg |
| College Grads | 48.0% ▲ 24% above avg |
| Unemployment | 1.9% ▼ 60% below avg |
| HS Graduate | 438 (21.9%) |
| Some College | 290 (14.5%) |
| Associates | 315 (15.7%) |
| Bachelors | 276 (13.8%) |
| Graduate Degree | 685 (34.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $88,466 ▲ 16% above avg |
|---|---|
| Median Home Value | $226,000 ▼ 19% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $738/mo |
| Total Housing Units | 1,318 |
| Vacant Units | 79 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Elk Point is a city in South Dakota, located in Union County. The city spans 1 ZIP code and is home to approximately 3,165 residents. It is a relatively young city, with a median age of 36.9 years.
Economically, Elk Point is a middle-income community. The median household income of $88,466 is above the national average. Approximately 6.8% of residents live below the poverty line. The unemployment rate is 1.9%, well below the national average.
The real estate market in Elk Point is an affordable housing market. Median home values stand at $226,000, which is below the national average. Renters typically pay around $738 per month. Homeownership is high at 77.6%, typical of suburban and family-oriented communities.
The population of Elk Point is well-educated. 48.0% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (94.09%).
Elk Point, SD offers residents above-average earning potential within South Dakota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 57025 | 3,165 | $88,466 | $226,000 | $738 | 1.9% | 48.0% | 77.6% |