Rapid City, MI
Population 1,315 · Michigan
About Rapid City, MI
Rapid City is a small community in Michigan with a population of 1,315 residents. The median household income is $65,438 per year, which is near the national average. The median age in Rapid City is 51.6 years.
Housing in Rapid City has a median home value of $212,500 and median monthly rent of $987. Of the 892 total housing units, the majority are owner-occupied, with 525 owner-occupied and 83 renter-occupied units.
The unemployment rate in Rapid City is 8.0% and the poverty rate is 13.8%. 13.0% of residents hold a bachelor's degree or higher. The average commute time is 24.8 minutes.
Cost of Living in Rapid City, MI
Compared to national averages, Rapid City has a median household income of $65,438 (13% below the national median of $75,149). Home values average $212,500, which is 13% below the national median. Monthly rent at $987 is 15% below the US average of $1,163. Within Michigan, Rapid City's income is 1% below the state average of $66,017, and home values are 16% above the state median of $183,391.
Why Live in Rapid City, MI?
Rapid City offers affordable housing with a median home value of $212,500, below the US average of $244,900, and rent that’s lower than the national average at $987/month, and short commute times averaging just 24.8 minutes.
Potential considerations include median household income ($65,438) that falls below the national average. However, Rapid City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rapid City has a population of 1,315 with a median age of 51.6 years. Compare Rapid City with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Rapid City
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lakewood Club | 1,315 | $67,277 | $144,900 | Compare |
| Three Oaks | 1,322 | $60,500 | $185,100 | Compare |
| Hemlock | 1,323 | $92,031 | $170,500 | Compare |
| New Buffalo | 1,306 | $64,524 | $342,700 | Compare |
| Reese | 1,303 | $83,125 | $174,600 | Compare |
| Ovid | 1,331 | $49,094 | $92,000 | Compare |
| Bellevue | 1,333 | $63,095 | $110,600 | Compare |
| White Cloud | 1,297 | $55,417 | $150,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Rapid City
What is the population of Rapid City, MI?
The population of Rapid City, MI is 1,315 according to the latest Census data.
What is the median household income in Rapid City?
The median household income in Rapid City, MI is $65,438 per year.
What is the median home value in Rapid City?
The median home value in Rapid City, MI is $212,500.
What is the average rent in Rapid City?
The median monthly rent in Rapid City, MI is $987.
What is the unemployment rate in Rapid City?
The unemployment rate in Rapid City, MI is 8.0%.