Okaton, SD
Population 41 · South Dakota
About Okaton, SD
Okaton is a small community located in South Dakota with a population of 41 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 37.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Okaton features a median home value of $0, which is 100% below the national median of $244,900. This makes Okaton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 16 total housing units, 100% are owner-occupied (10 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Okaton 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Okaton have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
10.3% of Okaton 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, 0.0% 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 Okaton, SD
Compared to national averages, Okaton has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within South Dakota, Okaton's income is 100% below the state average of $64,650, and home values are 100% below the state median of $143,757.
Why Live in Okaton, SD?
Okaton offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Okaton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Okaton has a population of 41 with a median age of 37.8 years. Compare Okaton 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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Economy & Education
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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 Okaton
What is the population of Okaton, SD?
The population of Okaton, SD is 41 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 Okaton?
The median household income in Okaton, SD is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Okaton?
The median home value in Okaton, SD is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Okaton?
The median monthly rent in Okaton, SD is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Okaton?
The unemployment rate in Okaton, 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 Okaton, SD a good place to live?
Okaton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 41 and a median age of 37.8, the city appeals to a broad range of residents.
How educated is Okaton, SD?
10.3% of residents in Okaton 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 Okaton?
Key cost-of-living indicators for Okaton, SD: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Okaton?
The poverty rate in Okaton, SD is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Okaton, SD?
Okaton's population is 0.0% White, 0.0% 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.