Beresford, SD
Population 2,437 · South Dakota
About Beresford, SD
Beresford is a small town located in South Dakota with a population of 2,437 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,017 per year, which is 5% below the national median of $75,149. The median age of 40.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Beresford features a median home value of $219,800, which is 10% below the national median of $244,900. This positions Beresford in a moderately priced market relative to the rest of the country. Median monthly rent is $868, 25% below the national average of $1,163/month. Of the 1,116 total housing units, 79% are owner-occupied (798 units) and 21% are renter-occupied (217 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Beresford shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 5.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Beresford have an average one-way commute time of 21.1 minutes.
Education & Demographics
25.9% of Beresford residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 4.3% White, 4.0% Hispanic or Latino, 0.2% Black or African American, and 1.4% Asian residents, with 4.4% of the population being foreign-born.
How Beresford Ranks in South Dakota
Cost of Living in Beresford, SD
Compared to national averages, Beresford has a median household income of $71,017 (5% below the national median of $75,149). Home values average $219,800, which is 10% below the national median. Monthly rent at $868 is 25% below the US average of $1,163. Within South Dakota, Beresford's income is 10% above the state average of $64,650, and home values are 53% above the state median of $143,757.
Why Live in Beresford, SD?
Beresford offers affordable housing with a median home value of $219,800, below the US average of $244,900, and rent that’s lower than the national average at $868/month, and a low poverty rate of 5.6%, better than the national average. Additionally, the city features short commute times averaging just 21.1 minutes.
Potential considerations include median household income ($71,017) that falls below the national average. However, Beresford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Beresford has a population of 2,437 with a median age of 40.2 years. Compare Beresford with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Beresford
Cities in South Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pine Ridge | 2,480 | $50,954 | $45,000 | Compare |
| Elk Point | 2,391 | $83,250 | $228,400 | Compare |
| Colonial Pine Hills | 2,347 | $82,262 | $348,400 | Compare |
| Fort Pierre | 2,534 | $74,732 | $166,700 | Compare |
| Flandreau | 2,291 | $56,458 | $130,800 | Compare |
| Lennox | 2,587 | $76,477 | $210,800 | Compare |
| Sisseton | 2,593 | $44,477 | $111,900 | Compare |
| Chamberlain | 2,621 | $75,000 | $195,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in South Dakota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Beresford With Other Cities
Frequently Asked Questions about Beresford
What is the population of Beresford, SD?
The population of Beresford, SD is 2,437 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in South Dakota.
What is the median household income in Beresford?
The median household income in Beresford, SD is $71,017 per year, which is 5% below the national median of $75,149.
What is the median home value in Beresford?
The median home value in Beresford, SD is $219,800, which is 10% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Beresford?
The median monthly rent in Beresford, SD is $868, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Beresford?
The unemployment rate in Beresford, SD is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Beresford, SD a good place to live?
Beresford offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,437 and a median age of 40.2, the city appeals to a broad range of residents.
How educated is Beresford, SD?
25.9% of residents in Beresford aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Beresford?
Key cost-of-living indicators for Beresford, SD: median home value is $219,800 (10% below national), median rent is $868/month, and median household income is $71,017. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Beresford?
The poverty rate in Beresford, SD is 5.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Beresford, SD?
Beresford's population is 4.3% White, 4.0% Hispanic or Latino, 0.2% Black or African American, 1.4% Asian, and 0.4% two or more races. 4.4% of residents are foreign-born.