Mount Vernon, SD
Population 437 · South Dakota
About Mount Vernon, SD
Mount Vernon is a small community located in South Dakota with a population of 437 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,542 per year, which is 22% below the national median of $75,149. The median age of 28.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Mount Vernon features a median home value of $163,100, which is 33% below the national median of $244,900. This positions Mount Vernon in a moderately priced market relative to the rest of the country. Median monthly rent is $382, 67% below the national average of $1,163/month. Of the 222 total housing units, 60% are owner-occupied (115 units) and 40% are renter-occupied (78 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Mount Vernon shows an unemployment rate of 0.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mount Vernon have an average one-way commute time of 20.1 minutes.
Education & Demographics
19.7% of Mount Vernon 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, 4.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Mount Vernon Ranks in South Dakota
Cost of Living in Mount Vernon, SD
Compared to national averages, Mount Vernon has a median household income of $58,542 (22% below the national median of $75,149). Home values average $163,100, which is 33% below the national median. Monthly rent at $382 is 67% below the US average of $1,163. Within South Dakota, Mount Vernon's income is 9% below the state average of $64,650, and home values are 13% above the state median of $143,757.
Why Live in Mount Vernon, SD?
Mount Vernon offers affordable housing with a median home value of $163,100, below the US average of $244,900, and rent that’s lower than the national average at $382/month, and a strong job market with an unemployment rate of just 0.4%. Additionally, the city features a low poverty rate of 3.7%, better than the national average, and short commute times averaging just 20.1 minutes.
Potential considerations include median household income ($58,542) that falls below the national average. However, Mount Vernon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mount Vernon has a population of 437 with a median age of 28.9 years. Compare Mount Vernon with other cities to see how it stacks up, or explore all cities in South Dakota.
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Demographics
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Other Cities in South Dakota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Mount Vernon
What is the population of Mount Vernon, SD?
The population of Mount Vernon, SD is 437 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 Mount Vernon?
The median household income in Mount Vernon, SD is $58,542 per year, which is 22% below the national median of $75,149.
What is the median home value in Mount Vernon?
The median home value in Mount Vernon, SD is $163,100, which is 33% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mount Vernon?
The median monthly rent in Mount Vernon, SD is $382, which is 67% below the national average of $1,163/month.
What is the unemployment rate in Mount Vernon?
The unemployment rate in Mount Vernon, SD is 0.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Mount Vernon, SD a good place to live?
Mount Vernon offers a moderate cost of living, affordable housing, and a strong job market. With a population of 437 and a median age of 28.9, the city appeals to young professionals and families.
How educated is Mount Vernon, SD?
19.7% of residents in Mount Vernon 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 Mount Vernon?
Key cost-of-living indicators for Mount Vernon, SD: median home value is $163,100 (33% below national), median rent is $382/month, and median household income is $58,542. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mount Vernon?
The poverty rate in Mount Vernon, SD is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mount Vernon, SD?
Mount Vernon's population is 0.0% White, 4.8% 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.