Haakon County, South Dakota

Income Data

-11% vs. South Dakota average
$59,231
Median Household Income
$35,643
Per Capita Income

At a Glance

Median Household Income
$59,231
-11% vs. state avg
Per Capita Income
$35,643
-10% vs. national
Income-to-Housing Ratio
38.7%
income as % of home value
Rank in South Dakota
#53 / 66
by median household income

How Haakon County Compares

Haakon County$59,231
South Dakota Average$66,926
National Median$74,755

Detailed Income Statistics

$59,231
Median Household Income
$35,643
Per Capita Income
$153,200
Median Home Value
38.7%
Income-to-Housing Ratio

Data Story

About Household Income in Haakon County, South Dakota

Haakon County income lags nation

Haakon County's median household income of $59,231 sits 20.8% below the national median of $74,755, reflecting a moderate income gap relative to the U.S. average. Per capita income of $35,643 also trails national figures by roughly 7%.

Below-average South Dakota county

Haakon County's median household income falls $7,695 below South Dakota's state average of $66,926, placing it in the lower-middle tier of the state's counties. Per capita income slightly trails the state average, indicating limited wealth concentration.

Middle ground among peer counties

Haakon County ($59,231) earns more than Gregory County ($52,432) but less than Grant ($73,818), Hamlin ($83,194), and Hanson ($86,375) counties. This positions it as a moderate-income area within its regional context.

Housing costs strain modest budgets

Haakon County's rent-to-income ratio of 13.9% approaches the 30% affordability threshold, consuming a meaningful share of household income. Combined with below-state-average income, this suggests limited surplus for savings or major financial goals.

Focus on income growth and savings

Haakon County residents benefit from pursuing career advancement, professional certifications, or skill development to increase earning power. Start small with emergency savings and explore low-cost investment vehicles like employer retirement plans to build long-term wealth.

Frequently Asked Questions

What is the median household income in Haakon County, South Dakota?
The median household income in Haakon County, South Dakota is $59,231, 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 Haakon County?
The per capita income in Haakon County is $35,643, 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 $59,231.
How does Haakon County compare to the South Dakota average?
Haakon County's median household income of $59,231 is lower than the South Dakota state average of $66,926. The per capita income is $35,643, compared to the state average of $35,667.
What is the per capita income in Haakon County, South Dakota?
The per capita income in Haakon County, South Dakota is $35,643, 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 Haakon County a low-income area in South Dakota?
Haakon County's median household income of $59,231 is below the South Dakota average of $66,926. The per capita income of $35,643 is also lower than 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 Haakon County rank for income in South Dakota?
Haakon County ranks #53 out of 66 counties in South Dakota by median household income (1 = highest). With a median household income of $59,231 and per capita income of $35,643, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Haakon County

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Your income is above the Haakon County median

County median: $59,231 per year

vs. County Median

+0%

vs. State Average

-11%

vs. National Median

-21%

vs. Haakon County MedianAbout equal
vs. South Dakota Average11% below
vs. National Median21% below

Income Adequacy

Monthly income covers median rent7.2x

Your monthly income ($4,936) vs. median rent ($688/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.