Fall River County, South Dakota
Income Data
At a Glance
How Fall River County Compares
Detailed Income Statistics
Data Story
About Household Income in Fall River County, South Dakota
Fall River County trails national income standard
Fall River County's median household income of $61,056 falls $13,699 below the national median of $74,755, placing it in the lower-middle income tier nationally. This gap is typical for rural South Dakota counties with economies rooted in agriculture and small manufacturing.
Fall River ranks below South Dakota average
At $61,056, Fall River County trails South Dakota's state average of $66,926 by nearly $6,000, ranking it in the lower-middle tier of the state's counties. The per capita income of $36,268 closely aligns with the state average of $35,667, suggesting income is fairly distributed across households.
Fall River among the lower-earning counties
Fall River County's $61,056 median household income exceeds only Faulk ($58,000) and Dewey ($57,928) among comparable counties, placing it in the regional lower tier. The county lags all high-earning neighbors including Deuel ($79,556), Douglas ($78,125), and Edmunds ($77,266).
Housing affordability strained by income levels
Fall River County's rent-to-income ratio of 17.0% approaches the 30% affordability threshold more closely than most comparable counties, signaling tighter household budgets. The median home value of $176,300 is relatively high for the county's income level, limiting homeownership accessibility for median-income households.
Focus on income growth and financial planning
Fall River County residents should prioritize workforce development and career advancement to increase household earnings and reduce affordability pressure. Start with a detailed budget and emergency fund, then explore skill-building opportunities and side income to strengthen financial resilience and savings capacity.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Fall River County median
County median: $61,056 per year
vs. County Median
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vs. State Average
-9%
vs. National Median
-18%
Income Adequacy
Your monthly income ($5,088) vs. median rent ($866/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.