Walworth County, South Dakota
Income Data
At a Glance
How Walworth County Compares
Detailed Income Statistics
Data Story
About Household Income in Walworth County, South Dakota
Walworth lags behind U.S. income
Walworth County's median household income of $62,722 trails the U.S. median of $74,755 by 16%, placing it among the nation's lower-income rural counties. Per capita income of $37,717 runs about 7% above the national average, suggesting income concentration among fewer earners.
Below-average earner in South Dakota
Walworth County's median household income runs 6% below South Dakota's state average of $66,926, ranking it in the lower third of counties statewide. This underperformance reflects Walworth's limited economic diversity and dependence on agriculture and small-scale enterprise.
Walworth struggles among peers
Walworth's $62,722 income ranks sixth among the eight counties examined, outpacing only Todd ($39,148) and Tripp ($58,854) while falling well short of Stanley ($77,000) and Union ($84,137). This position signals Walworth's economic vulnerability within the region.
Housing affordability becomes critical
Walworth's rent-to-income ratio of 18.4% represents the state's highest burden, consuming nearly one-fifth of household earnings on housing costs despite a modest median home value of $130,000. This strain suggests many Walworth families must make difficult trade-offs between housing and other essential expenses.
Walworth needs economic diversification
Households earning $62,722 with housing consuming 18% of income have limited surplus for savings or investment; Walworth residents must focus first on cost reduction and income growth. Explore skills training, remote work opportunities, and local business development to break free from housing affordability pressures.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Walworth County median
County median: $62,722 per year
vs. County Median
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vs. State Average
-6%
vs. National Median
-16%
Income Adequacy
Your monthly income ($5,227) vs. median rent ($962/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.