Herreid, SD
Population 549 · South Dakota
About Herreid, SD
Herreid is a small community located in South Dakota with a population of 549 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,611 per year, which is 9% below the national median of $75,149. The median age of 41.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Herreid features a median home value of $87,400, which is 64% below the national median of $244,900. This makes Herreid one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $703, 40% below the national average of $1,163/month. Of the 272 total housing units, 71% are owner-occupied (174 units) and 29% are renter-occupied (70 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Herreid shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Herreid have an average one-way commute time of 14.9 minutes, one of the shorter commutes in the region.
Education & Demographics
28.5% of Herreid 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 4.0% White, 2.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.4% of the population being foreign-born.
Cost of Living in Herreid, SD
Compared to national averages, Herreid has a median household income of $68,611 (9% below the national median of $75,149). Home values average $87,400, which is 64% below the national median. Monthly rent at $703 is 40% below the US average of $1,163. Within South Dakota, Herreid's income is 6% above the state average of $64,650, and home values are 39% below the state median of $143,757.
Why Live in Herreid, SD?
Herreid offers affordable housing with a median home value of $87,400, below the US average of $244,900, and rent that’s lower than the national average at $703/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a low poverty rate of 2.4%, better than the national average, and short commute times averaging just 14.9 minutes.
Potential considerations include median household income ($68,611) that falls below the national average. However, Herreid’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Herreid has a population of 549 with a median age of 41.9 years. Compare Herreid 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 Herreid
What is the population of Herreid, SD?
The population of Herreid, SD is 549 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 Herreid?
The median household income in Herreid, SD is $68,611 per year, which is 9% below the national median of $75,149.
What is the median home value in Herreid?
The median home value in Herreid, SD is $87,400, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Herreid?
The median monthly rent in Herreid, SD is $703, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Herreid?
The unemployment rate in Herreid, SD is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Herreid, SD a good place to live?
Herreid offers a moderate cost of living, affordable housing, and a strong job market. With a population of 549 and a median age of 41.9, the city appeals to a broad range of residents.
How educated is Herreid, SD?
28.5% of residents in Herreid 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 Herreid?
Key cost-of-living indicators for Herreid, SD: median home value is $87,400 (64% below national), median rent is $703/month, and median household income is $68,611. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Herreid?
The poverty rate in Herreid, SD is 2.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Herreid, SD?
Herreid's population is 4.0% White, 2.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.4% of residents are foreign-born.