Faulk County, South Dakota

Income Data

-13% vs. South Dakota average
$58,000
Median Household Income
$36,556
Per Capita Income

At a Glance

Median Household Income
$58,000
-13% vs. state avg
Per Capita Income
$36,556
-7% vs. national
Income-to-Housing Ratio
46.7%
income as % of home value
Rank in South Dakota
#56 / 66
by median household income

How Faulk County Compares

Faulk County$58,000
South Dakota Average$66,926
National Median$74,755

Detailed Income Statistics

$58,000
Median Household Income
$36,556
Per Capita Income
$124,100
Median Home Value
46.7%
Income-to-Housing Ratio

Data Story

About Household Income in Faulk County, South Dakota

Faulk County faces national income gap

Faulk County's median household income of $58,000 falls $16,755 below the national median of $74,755, placing it among the lower-income counties nationally. This significant gap reflects limited high-wage employment opportunities and an economy dependent on agriculture and seasonal work.

Faulk ranks in South Dakota's bottom tier

At $58,000, Faulk County trails South Dakota's state average of $66,926 by over $8,900, ranking it in the lower quartile of the state's 66 counties. The per capita income of $36,556 aligns with state average, indicating that income is reasonably distributed despite overall lower household earnings.

Faulk among the region's lowest earners

Faulk County's $58,000 median household income ranks second-lowest in the region, exceeding only Dewey County ($57,928) while trailing all other comparable counties. The earnings gap versus high-performing peers like Deuel ($79,556) exceeds $21,000, underscoring significant economic challenges.

Housing remains affordable despite low income

Faulk County's rent-to-income ratio of 14.3% provides reasonable affordability, though the underlying income level limits overall financial flexibility. The median home value of $124,100 is among the region's lowest, supporting homeownership access but offering limited appreciation potential for wealth building.

Build economic resilience in Faulk County

Faulk County households should invest in education and skills training to increase earning potential and narrow the income gap with regional peers and national standards. Establish a solid financial foundation through budgeting and emergency savings, then explore career advancement, entrepreneurship, or relocation opportunities to unlock higher income potential.

Frequently Asked Questions

What is the median household income in Faulk County, South Dakota?
The median household income in Faulk County, South Dakota is $58,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Faulk County?
The per capita income in Faulk County is $36,556, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $58,000.
How does Faulk County compare to the South Dakota average?
Faulk County's median household income of $58,000 is lower than the South Dakota state average of $66,926. The per capita income is $36,556, compared to the state average of $35,667.
What is the per capita income in Faulk County, South Dakota?
The per capita income in Faulk County, South Dakota is $36,556, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Faulk County a low-income area in South Dakota?
Faulk County's median household income of $58,000 is below the South Dakota average of $66,926. The per capita income of $36,556 is also comparable to the state average of $35,667. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Faulk County rank for income in South Dakota?
Faulk County ranks #56 out of 66 counties in South Dakota by median household income (1 = highest). With a median household income of $58,000 and per capita income of $36,556, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Faulk County

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Your income is above the Faulk County median

County median: $58,000 per year

vs. County Median

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vs. State Average

-13%

vs. National Median

-22%

vs. Faulk County MedianAbout equal
vs. South Dakota Average13% below
vs. National Median22% below

Income Adequacy

Monthly income covers median rent7.0x

Your monthly income ($4,833) vs. median rent ($692/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.