Perkins County, South Dakota
Income Data
At a Glance
How Perkins County Compares
Detailed Income Statistics
Data Story
About Household Income in Perkins County, South Dakota
Perkins lags national income average
Perkins County's median household income of $65,455 trails the national median of $74,755 by $9,300. The gap reflects rural economic constraints, though the county's per-capita income of $41,539 suggests relatively balanced wealth distribution.
Mid-tier earner in South Dakota
Perkins County ranks in the middle of South Dakota counties with a median household income of $65,455, falling slightly below the state average of $66,926. The county's stable agricultural and ranching economy provides modest but consistent income levels.
Similar to regional counterparts
Perkins' $65,455 income places it between Roberts County ($63,691) and Sanborn County ($69,870), reflecting consistent rural economic conditions across the region. The county performs slightly worse than Potter County ($71,726) but better than Oglala Lakota County ($34,769).
Housing costs are very reasonable
A rent-to-income ratio of 12.9% indicates housing costs consume less than one-seventh of median household income, well within the affordability sweet spot. With a median home value of just $105,900, homeownership remains highly accessible for most households.
Use affordability to build savings
Perkins County's low housing costs relative to income create an ideal foundation for saving and investing. Prioritize building a 6-month emergency fund, then explore retirement accounts and diversified investments to convert your affordable living situation into durable wealth.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Perkins County median
County median: $65,455 per year
vs. County Median
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vs. State Average
-2%
vs. National Median
-12%
Income Adequacy
Your monthly income ($5,455) vs. median rent ($703/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.