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Rapid Valley, SD&

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Population
8,516
-1.2% decline
Median Age
34.1
Median Household Income
$58,814
-0.22% decline
Poverty Rate
4.29%
Number of Employees
4,549
-2.99% decline
Median Property Value
$143,200
1.27% growth

Economy

The economy of Rapid Valley, SD employs 4,549 people. The economy of Rapid Valley, SD is specialized in Management of Companies & Enterprises; Agriculture, Forestry, Fishing, Hunting; and Admin., Support, Waste Management Services, which employ respectively 3.72; 2.23; and 1.77 times more people than what would be expected in a location of this size. The largest industries in Rapid Valley, SD are Healthcare & Social Assistance (796), Retail trade (667), and Admin., Support, Waste Management Services (361), and the highest paying industries are Transportation & Warehousing ($37,981), Agriculture, Forestry, Fishing, Hunting ($35,156), and Professional, Scientific, Tech Services ($33,456).

Median household income in Rapid Valley, SD is $58,814. Males in Rapid Valley, SD have an average income that is 1.44 times higher than the average income of females, which is $34,688. The income inequality of Rapid Valley, SD (measured using the Gini index) is 0.458 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Rapid Valley, SD. In Pennington County, SD the age groups most likely to have health care coverage are 6-17 and 55-64, men and women, respectively. The location has a 1 to 87 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,010. Todd County, SD has the highest prevalence of homicides of any county in South Dakota.

Coverage

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Showing data across all counties in South Dakota.

Insurance Coverage by Age and Gender

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Diversity

Rapid Valley, SD is home to a population of 8,516 people, from which 99% are citizens. The ethnic composition of the population of Rapid Valley, SD is composed of 7,761 White residents (91.1%), 333 Two+ residents (3.91%), 197 Hispanic residents (2.31%), 117 Native residents (1.37%), and 49 Asian residents (0.58%). The most common foreign languages in Rapid Valley, SD are Spanish (65 speakers), Other Pacific Island (51 speakers), and Tagalog (21 speakers), but compared to other places, Rapid Valley, SD has a relative high number of Other Pacific Island (51 speakers), Scandinavian (9 speakers), and German (19 speakers).

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Education

In 2015 universities in Rapid City PUMA, SD awarded 1,687 degrees. The student population of Rapid City PUMA, SD is skewed towards females, with 771 male students and 916 female students. Most students in Rapid City PUMA, SD are White (1,394 and 82.6%), followed by American Indian (68 and 4.03%), Hispanic or Latino (56 and 3.32%), and Two or more races (40 and 2.37%). The largest universities in Rapid City PUMA, SD by number of graduates are Black Hills State University (649 and 38.5%), South Dakota School of Mines and Technology (423 and 25.1%), and Western Dakota Technical Institute (310 and 18.4%). The most popular majors in Rapid City PUMA, SD are General Business Administration & Management (136 and 8.06%), Mechanical Engineering (57 and 3.38%), and Elementary Education & Teaching (51 and 3.02%). The median tuition costs in Rapid City PUMA, SD are N/A for private four year colleges, and $4,170 and $6,258 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Rapid Valley, SD is $143,200, which is 0.74 times smaller than the national average of $194,500. Between 2014 and 2015 the median property value increased from $141,400 to $143,200, a 1.27% increase. The homeownership rate of Rapid Valley, SD is 91.2%, which is higher than the national average of 63.9%. People in Rapid Valley, SD have an average commute time of 18.6 minutes, and they commute by Drove Alone. Car ownership in Rapid Valley, SD is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
South Dakota
state
Pennington County, SD
county
Rapid City, SD
metropolitan statistical area
Rapid City PUMA, SD
public use microdata area
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