Anderson, SD
Population 406 · South Dakota
About Anderson, SD
Anderson is a small community in South Dakota with a population of 406 residents. The median household income is $143,705 per year, which is above the national average. The median age in Anderson is 50.6 years.
Housing in Anderson has a median home value of $372,300 and median monthly rent of $0. Of the 137 total housing units, the majority are owner-occupied, with 120 owner-occupied and 17 renter-occupied units.
The unemployment rate in Anderson is 0.0% and the poverty rate is 0.0%. 54.6% of residents hold a bachelor's degree or higher. The average commute time is 18.6 minutes.
How Anderson Ranks in South Dakota
Cost of Living in Anderson, SD
Compared to national averages, Anderson has a median household income of $143,705 (91% above the national median of $75,149). Home values average $372,300, which is 52% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within South Dakota, Anderson's income is 122% above the state average of $64,650, and home values are 159% above the state median of $143,757.
Why Live in Anderson, SD?
Anderson offers a strong local economy with a median household income of $143,705, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 54.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 18.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $372,300. However, Anderson’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Anderson has a population of 406 with a median age of 50.6 years. Compare Anderson with other cities to see how it stacks up, or explore all cities in South Dakota.
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Other Cities in South Dakota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Anderson
What is the population of Anderson, SD?
The population of Anderson, SD is 406 according to the latest Census data.
What is the median household income in Anderson?
The median household income in Anderson, SD is $143,705 per year.
What is the median home value in Anderson?
The median home value in Anderson, SD is $372,300.
What is the average rent in Anderson?
The median monthly rent in Anderson, SD is $0.
What is the unemployment rate in Anderson?
The unemployment rate in Anderson, SD is 0.0%.