Codington County, South Dakota
Income Data
At a Glance
How Codington County Compares
Detailed Income Statistics
Data Story
About Household Income in Codington County, South Dakota
Codington trails national income benchmark
Codington County's median household income of $65,080 falls $9,675 short of the U.S. median of $74,755, representing a 12.9% income gap. While below the national average, Codington's per capita income of $37,308 exceeds national norms, suggesting concentrated earning power among employed residents. This profile reflects a smaller, tighter labor market with skilled workers but fewer overall households.
Codington slightly below South Dakota average
Codington County's median household income of $65,080 marginally underperforms South Dakota's state average of $66,926 by $1,846, placing it in the middle tier statewide. Its per capita income of $37,308 solidly exceeds the state average of $35,667, indicating stronger individual earning capacity. Codington's position reflects a stable regional economy with quality employment opportunities and skilled workers.
Codington ranks mid-tier regionally
Codington County's $65,080 median household income places it third regionally, behind Butte ($67,692) and Campbell ($65,000), and ahead of Charles Mix ($64,850) and Clark ($62,885). The county's per capita income of $37,308 ranks second only to Campbell ($42,435) among regional peers, reflecting quality employment sectors. Codington's balanced economic profile mirrors larger regional hubs with manufacturing and service industries.
Housing costs near affordability edge
Codington County's rent-to-income ratio of 16.6% edges slightly above the 15% affordability threshold, indicating housing consumes notable household resources for median earners. With median home values of $218,000, homeownership requires substantial commitment; however, the strong per capita income suggests dual-earner households manage affordability effectively. Renters face tighter budgets than in neighboring counties with lower housing values.
Maximize income potential through savings
Codington County households earning $65,080 can target 10–15% of gross income toward retirement and investment accounts, leveraging the county's solid per capita income. Dual-earner households particularly benefit from maxing out both employer 401(k) matches and spousal IRA contributions annually. Consider consulting a fee-only financial planner to optimize tax-advantaged strategies and diversified investment allocations suited to your timeline and risk tolerance.
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Your income is above the Codington County median
County median: $65,080 per year
vs. County Median
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vs. State Average
-3%
vs. National Median
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Your monthly income ($5,423) vs. median rent ($901/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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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.