Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.2 yrs |
|---|---|
| Avg HH Size | 2.52 |
| Below Poverty | 9.5% ≈ Avg |
| College Grads | 42.6% ▲ 10% above avg |
| Unemployment | 4.7% ≈ Avg |
| No HS Diploma | 17 (0.5%) |
| HS Graduate | 1,023 (32.7%) |
| Some College | 302 (9.6%) |
| Associates | 455 (14.5%) |
| Bachelors | 365 (11.7%) |
| Graduate Degree | 971 (31%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,900 ▼ 8% below avg |
|---|---|
| Median Home Value | $184,500 ▼ 34% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $525/mo |
| Total Housing Units | 2,171 |
| Vacant Units | 293 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Milbank is a city in South Dakota, located in Grant County. The city spans 1 ZIP code and is home to approximately 4,882 residents. It is a middle-aged city, with a median age of 43.2 years.
Economically, Milbank is a solidly middle-class community. The median household income of $69,900 is near the national average. Approximately 9.5% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.
The real estate market in Milbank is an affordable housing market. Median home values stand at $184,500, which is below the national average. Renters typically pay around $525 per month. Homeownership is high at 79.1%, typical of suburban and family-oriented communities.
The population of Milbank is well-educated. 42.6% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (88.96%).
Milbank, SD offers residents a cost-conscious lifestyle within South Dakota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 57252 | 4,882 | $69,900 | $184,500 | $525 | 4.7% | 42.6% | 79.1% |