Chancellor, SD
Population 365 · South Dakota
About Chancellor, SD
Chancellor is a small community in South Dakota with a population of 365 residents. The median household income is $64,750 per year, which is near the national average. The median age in Chancellor is 28.6 years.
Housing in Chancellor has a median home value of $137,500 and median monthly rent of $650. Of the 131 total housing units, the majority are owner-occupied, with 91 owner-occupied and 40 renter-occupied units.
The unemployment rate in Chancellor is 2.9% and the poverty rate is 9.1%. 17.8% of residents hold a bachelor's degree or higher. The average commute time is 29 minutes.
Cost of Living in Chancellor, SD
Compared to national averages, Chancellor has a median household income of $64,750 (14% below the national median of $75,149). Home values average $137,500, which is 44% below the national median. Monthly rent at $650 is 44% below the US average of $1,163. Within South Dakota, Chancellor's income is 0% above the state average of $64,650, and home values are 4% below the state median of $143,757.
Why Live in Chancellor, SD?
Chancellor offers affordable housing with a median home value of $137,500, below the US average of $244,900, and rent that’s lower than the national average at $650/month, and a strong job market with an unemployment rate of just 2.9%. Additionally, the city features a low poverty rate of 9.1%, better than the national average.
Potential considerations include median household income ($64,750) that falls below the national average. However, Chancellor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chancellor has a population of 365 with a median age of 28.6 years. Compare Chancellor with other cities to see how it stacks up, or explore all cities in South Dakota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Chancellor
What is the population of Chancellor, SD?
The population of Chancellor, SD is 365 according to the latest Census data.
What is the median household income in Chancellor?
The median household income in Chancellor, SD is $64,750 per year.
What is the median home value in Chancellor?
The median home value in Chancellor, SD is $137,500.
What is the average rent in Chancellor?
The median monthly rent in Chancellor, SD is $650.
What is the unemployment rate in Chancellor?
The unemployment rate in Chancellor, SD is 2.9%.