Davison County, South Dakota
Income Data
At a Glance
How Davison County Compares
Detailed Income Statistics
Data Story
About Household Income in Davison County, South Dakota
Davison trails national income benchmark
Davison County's median household income of $61,401 falls $13,354 below the national median of $74,755, placing it in the lower-middle range nationally. This gap reflects economic patterns common to rural South Dakota counties, where agricultural and manufacturing sectors dominate over higher-wage industries.
Below-average rank within South Dakota
At $61,401, Davison County earns slightly below South Dakota's state average of $66,926, ranking it in the lower half of the state's 66 counties. The county's per capita income of $36,524 slightly exceeds the state average of $35,667, suggesting income concentration among fewer earners.
Davison outpaced by neighboring peers
Davison County's median household income lags Deuel County ($79,556) and Day County ($62,270), its stronger regional neighbors. However, it outearns Fall River County ($61,056) and Faulk County ($58,000) in the same economic region, indicating mixed performance relative to similar rural counties.
Affordable housing supports financial stability
With a rent-to-income ratio of 14.7%, Davison County remains below the 30% affordability threshold, meaning housing costs consume a manageable share of household earnings. The median home value of $190,000 is accessible to median-income households, supporting long-term wealth building through homeownership.
Build financial security in Davison County
Davison County households should leverage affordable housing to build equity while focusing on savings and retirement planning to close the income gap with national peers. Starting an emergency fund covering three to six months of expenses, then maximizing 401(k) contributions, creates a foundation for generational wealth.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $61,401 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.