Frederick, SD
Population 178 · South Dakota
About Frederick, SD
Frederick is a small community located in South Dakota with a population of 178 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,071 per year, which is 8% above the national median of $75,149. The median age of 52.1 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 Frederick features a median home value of $83,100, which is 66% below the national median of $244,900. This makes Frederick one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $719, 38% below the national average of $1,163/month. Of the 104 total housing units, 90% are owner-occupied (83 units) and 10% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Frederick shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.9%, above the national average of 12.4%. Workers in Frederick have an average one-way commute time of 22.3 minutes.
Education & Demographics
27.0% of Frederick 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 0.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Frederick, SD
Compared to national averages, Frederick has a median household income of $81,071 (8% above the national median of $75,149). Home values average $83,100, which is 66% below the national median. Monthly rent at $719 is 38% below the US average of $1,163. Within South Dakota, Frederick's income is 25% above the state average of $64,650, and home values are 42% below the state median of $143,757.
Why Live in Frederick, SD?
Frederick offers a strong local economy with a median household income of $81,071, well above the national average, and affordable housing with a median home value of $83,100, below the US average of $244,900, and rent that’s lower than the national average at $719/month. Additionally, the city features a strong job market with an unemployment rate of just 2.2%, and short commute times averaging just 22.3 minutes.
Frederick has a population of 178 with a median age of 52.1 years. Compare Frederick 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 Frederick
What is the population of Frederick, SD?
The population of Frederick, SD is 178 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 Frederick?
The median household income in Frederick, SD is $81,071 per year, which is 8% above the national median of $75,149.
What is the median home value in Frederick?
The median home value in Frederick, SD is $83,100, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Frederick?
The median monthly rent in Frederick, SD is $719, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Frederick?
The unemployment rate in Frederick, SD is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Frederick, SD a good place to live?
Frederick offers above-average incomes, affordable housing, and a strong job market. With a population of 178 and a median age of 52.1, the city appeals to established professionals and retirees.
How educated is Frederick, SD?
27.0% of residents in Frederick 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 Frederick?
Key cost-of-living indicators for Frederick, SD: median home value is $83,100 (66% below national), median rent is $719/month, and median household income is $81,071. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Frederick?
The poverty rate in Frederick, SD is 12.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Frederick, SD?
Frederick's population is 0.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.4% of residents are foreign-born.