Oacoma, SD
Population 505 · South Dakota
About Oacoma, SD
Oacoma is a small community in South Dakota with a population of 505 residents. The median household income is $70,250 per year, which is above the national average. The median age in Oacoma is 45.8 years.
Housing in Oacoma has a median home value of $165,800 and median monthly rent of $847. Of the 269 total housing units, the majority are owner-occupied, with 175 owner-occupied and 46 renter-occupied units.
The unemployment rate in Oacoma is 5.2% and the poverty rate is 4.8%. 21.3% of residents hold a bachelor's degree or higher. The average commute time is 14.2 minutes.
Cost of Living in Oacoma, SD
Compared to national averages, Oacoma has a median household income of $70,250 (7% below the national median of $75,149). Home values average $165,800, which is 32% below the national median. Monthly rent at $847 is 27% below the US average of $1,163. Within South Dakota, Oacoma's income is 9% above the state average of $64,650, and home values are 15% above the state median of $143,757.
Why Live in Oacoma, SD?
Oacoma offers affordable housing with a median home value of $165,800, below the US average of $244,900, and rent that’s lower than the national average at $847/month, and a low poverty rate of 4.8%, better than the national average. Additionally, the city features short commute times averaging just 14.2 minutes.
Potential considerations include median household income ($70,250) that falls below the national average. However, Oacoma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oacoma has a population of 505 with a median age of 45.8 years. Compare Oacoma with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Oacoma
Cities in South Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Montrose | 514 | $86,000 | $216,700 | Compare |
| Prairiewood Village | 496 | $118,681 | $443,500 | Compare |
| Newell | 494 | $52,277 | $120,100 | Compare |
| Warner | 494 | $114,375 | $231,600 | Compare |
| Philip | 491 | $43,750 | $102,800 | Compare |
| Irene | 521 | $59,091 | $87,100 | Compare |
| Boulder Canyon | 487 | $71,846 | $510,400 | Compare |
| Wounded Knee | 484 | $2,499 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
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 Oacoma
What is the population of Oacoma, SD?
The population of Oacoma, SD is 505 according to the latest Census data.
What is the median household income in Oacoma?
The median household income in Oacoma, SD is $70,250 per year.
What is the median home value in Oacoma?
The median home value in Oacoma, SD is $165,800.
What is the average rent in Oacoma?
The median monthly rent in Oacoma, SD is $847.
What is the unemployment rate in Oacoma?
The unemployment rate in Oacoma, SD is 5.2%.