Charles Mix County, South Dakota
Income Data
At a Glance
How Charles Mix County Compares
Detailed Income Statistics
Data Story
About Household Income in Charles Mix County, South Dakota
Charles Mix income lags national average
Charles Mix County's median household income of $64,850 trails the U.S. median of $74,755 by nearly $10,000, placing it firmly in the lower-income tier nationally. This represents an 13.2% income deficit relative to American households, reflecting Charles Mix's rural agricultural and small-business economy. The county's per capita income of $29,095 is notably low, suggesting significant income concentration or limited high-wage employment opportunities.
Charles Mix below South Dakota average
At $64,850, Charles Mix County falls short of South Dakota's median household income of $66,926 by $2,076, placing it in the lower half of state counties. Its per capita income of $29,095 substantially lags the state average of $35,667, indicating fewer high-earning households or smaller overall workforce. This gap suggests Charles Mix faces structural economic challenges relative to other South Dakota regions.
Charles Mix trails surrounding counties
Charles Mix County's $64,850 median household income ranks fourth among its nearby peers, behind Butte ($67,692), Campbell ($65,000), and narrowly ahead of Clark ($62,885). The county's per capita income of $29,095 is the lowest in this regional cluster, indicating fewer high-wage employment anchors. Geographic isolation and agricultural dependence may explain Charles Mix's lower earnings relative to neighboring economies.
Housing costs require careful budgeting
Charles Mix County's rent-to-income ratio of 13.4% remains below the affordability threshold, though the median home value of $169,200 represents a significant commitment relative to household income. For median earners, housing is manageable; however, below-median households may face real affordability strain. Renters benefit from generally lower costs, while prospective homebuyers should account for the higher ratio of home values to income.
Start small, build consistent habits
Charles Mix County households at the median income level should prioritize building an emergency fund before pursuing aggressive investments, given the county's lower income profile. Even modest contributions of $50–100 monthly to savings accounts create a financial buffer against unexpected expenses. Once a three-to-six-month emergency reserve is in place, consider employer retirement plans or low-cost index funds for long-term wealth accumulation.
Frequently Asked Questions
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Your income is above the Charles Mix County median
County median: $64,850 per year
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vs. State Average
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.