These Are The 10 Richest Cities In South Dakota For 2018

We analyzed over 17 places in South Dakota to determine where the 1% live.

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Harrisburg, Beresford, Tea: These cities aren’t just some of the best places to live in South Dakota. They are also home to some of the richest people in the Mount Rushmore State.

Harrisburg in particular houses the richest residents in the state thanks, in part, to a median household income of $77,151 and a ridiculously low poverty rate of 7.2%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in South Dakota share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 36 places in South Dakota with more than 2,000 people.

At the end of the day, here’s the set of the 10 richest places in South Dakota for 2018:

  1. Harrisburg (Homes For Sale)
  2. Beresford (Photos | Homes For Sale)
  3. Tea (Homes For Sale)
  4. Fort Pierre (Photos | Homes For Sale)
  5. Brandon (Photos | Homes For Sale)
  6. Elk Point (Photos | Homes For Sale)
  7. Lennox (Photos | Homes For Sale)
  8. Pierre (Photos | Homes For Sale)
  9. Dell Rapids (Photos | Homes For Sale)
  10. Hartford (Photos | Homes For Sale)

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in South Dakota.

Rich people not your cup of tea? Feel free to check out the best places to live in South Dakota or the poorest.

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How We Determined The Richest Places In South Dakota For 2018

The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the ‘richest places’. So we looked at this set of criteria from the newly released 2012-2016 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 36 places with more than 2,000 people in South Dakota, we ranked each place from 1 to 36 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a ‘Rich Score’ with the place having the lowest overall Rich Score, Harrisburg, crowned the ‘Richest Place In South Dakota For 2018’.

You can learn more about the top ten below or skip to the end to see the rankings for all 36 places.

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1. Harrisburg

Population: 5,129
Median Income: $77,151
Unemployment Rate: 1.0%
Poverty Rate: 7.2%
More on Harrisburg: Homes For Sale | Data
Harrisburg is a city in Lincoln County, South Dakota, United States and is a suburb of Sioux Falls. The population was 4,089 by the 2010 census, having grown from 958 in 2000 census. The population of the Harrisburg zip code has grown from 2,476 in 2000 to 10,342 in 2010.

2. Beresford

Beresford, South Dakota

Population: 2,324
Median Income: $51,087
Unemployment Rate: 1.3%
Poverty Rate: 2.6%
More on Beresford: Homes For Sale | Data

3. Tea

Population: 4,628
Median Income: $75,473
Unemployment Rate: 2.8%
Poverty Rate: 5.6%
More on Tea: Homes For Sale | Data

4. Fort Pierre

Fort Pierre, South Dakota

Population: 2,278
Median Income: $60,417
Unemployment Rate: 1.7%
Poverty Rate: 7.1%
More on Fort Pierre: Homes For Sale | Data

5. Brandon

Brandon, South Dakota

Population: 9,674
Median Income: $75,424
Unemployment Rate: 2.7%
Poverty Rate: 6.1%
More on Brandon: Homes For Sale | Data
Brandon is a city in Minnehaha County, South Dakota, United States and is the largest suburb of Sioux Falls. Brandon is located five miles east of Sioux Falls. The population was estimated at 9,923 by the United States Census Bureau on July 1, 2016, which was up from 8,785 at the 2010 census.

6. Elk Point

Elk Point, South Dakota

Population: 2,120
Median Income: $51,010
Unemployment Rate: 0.4%
Poverty Rate: 7.8%
More on Elk Point: Homes For Sale | Data

7. Lennox

Lennox, South Dakota

Population: 2,095
Median Income: $51,509
Unemployment Rate: 2.3%
Poverty Rate: 5.6%
More on Lennox: Homes For Sale | Data

8. Pierre

Pierre, South Dakota

Population: 13,959
Median Income: $54,868
Unemployment Rate: 2.2%
Poverty Rate: 10.1%
More on Pierre: Homes For Sale | Data

9. Dell Rapids

Dell Rapids, South Dakota

Population: 3,715
Median Income: $63,818
Unemployment Rate: 2.3%
Poverty Rate: 10.2%
More on Dell Rapids: Homes For Sale | Data

10. Hartford

Hartford, South Dakota

Population: 2,980
Median Income: $67,031
Unemployment Rate: 3.7%
Poverty Rate: 4.9%
More on Hartford: Homes For Sale | Data

There You Have It – The Wealthiest Places In South Dakota For 2018

Like we said earlier, when we set out to identify the richest places in South Dakota, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in South Dakota.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in South Dakota, according to data:

Poorest: Sisseton
2nd Poorest: Vermillion
3rd Poorest: Flandreau

For more South Dakota reading , check out:

  • 10 Best Places To Live In South Dakota
  • 10 Safest Places In South Dakota
  • 10 Most Dangerous Cities In South Dakota
  • Detailed List Of The Richest Cities In South Dakota

    City Rank Median Income
    Harrisburg 1 $77,151
    Beresford 2 $51,087
    Tea 3 $75,473
    Fort Pierre 4 $60,417
    Brandon 5 $75,424
    Elk Point 6 $51,010
    Lennox 7 $51,509
    Pierre 8 $54,868
    Dell Rapids 9 $63,818
    Hartford 10 $67,031
    Summerset 11 $74,063
    Belle Fourche 12 $41,346
    Milbank 13 $47,974
    Watertown 14 $47,664
    Sioux Falls 15 $54,110
    North Sioux City 16 $54,718
    Canton 17 $46,088
    Chamberlain 18 $52,135
    Sturgis 19 $37,688
    Aberdeen 20 $46,330
    Redfield 21 $41,364
    Mobridge 22 $44,458
    Box Elder 23 $47,742
    Winner 24 $36,838
    Huron 25 $44,941
    Spearfish 26 $44,330
    Brookings 27 $47,060
    Madison 28 $47,579
    Lead 29 $41,735
    Mitchell 30 $43,983
    Rapid City 31 $47,300
    Yankton 32 $41,174
    Hot Springs 33 $39,073
    Flandreau 34 $40,360
    Vermillion 35 $31,155
    Sisseton 36 $35,954

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