De Smet, SD
Population 974 · South Dakota
About De Smet, SD
De Smet is a small community located in South Dakota with a population of 974 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,139 per year, which is 20% below the national median of $75,149. The median age of 53.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in De Smet features a median home value of $155,900, which is 36% below the national median of $244,900. This positions De Smet in a moderately priced market relative to the rest of the country. Median monthly rent is $743, 36% below the national average of $1,163/month. Of the 487 total housing units, 79% are owner-occupied (348 units) and 21% are renter-occupied (90 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in De Smet shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in De Smet have an average one-way commute time of 11.7 minutes, one of the shorter commutes in the region.
Education & Demographics
23.5% of De Smet residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in De Smet, SD
Compared to national averages, De Smet has a median household income of $60,139 (20% below the national median of $75,149). Home values average $155,900, which is 36% below the national median. Monthly rent at $743 is 36% below the US average of $1,163. Within South Dakota, De Smet's income is 7% below the state average of $64,650, and home values are 8% above the state median of $143,757.
Why Live in De Smet, SD?
De Smet offers affordable housing with a median home value of $155,900, below the US average of $244,900, and rent that’s lower than the national average at $743/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 5.4%, better than the national average, and short commute times averaging just 11.7 minutes.
Potential considerations include median household income ($60,139) that falls below the national average. However, De Smet’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
De Smet has a population of 974 with a median age of 53.2 years. Compare De Smet 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 De Smet
What is the population of De Smet, SD?
The population of De Smet, SD is 974 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in South Dakota.
What is the median household income in De Smet?
The median household income in De Smet, SD is $60,139 per year, which is 20% below the national median of $75,149.
What is the median home value in De Smet?
The median home value in De Smet, SD is $155,900, which is 36% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in De Smet?
The median monthly rent in De Smet, SD is $743, which is 36% below the national average of $1,163/month.
What is the unemployment rate in De Smet?
The unemployment rate in De Smet, SD is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is De Smet, SD a good place to live?
De Smet offers a moderate cost of living, affordable housing, and a strong job market. With a population of 974 and a median age of 53.2, the city appeals to established professionals and retirees.
How educated is De Smet, SD?
23.5% of residents in De Smet 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 De Smet?
Key cost-of-living indicators for De Smet, SD: median home value is $155,900 (36% below national), median rent is $743/month, and median household income is $60,139. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in De Smet?
The poverty rate in De Smet, SD is 5.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is De Smet, SD?
De Smet's population is 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.