Oldham, SD
Population 98 · South Dakota
About Oldham, SD
Oldham is a small community located in South Dakota with a population of 98 residents according to the latest US Census Bureau American Community Survey data. The median household income is $29,643 per year, which is 61% below the national median of $75,149. The median age of 59.3 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 Oldham features a median home value of $62,000, which is 75% below the national median of $244,900. This makes Oldham one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $388, 67% below the national average of $1,163/month. Of the 86 total housing units, 82% are owner-occupied (54 units) and 18% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oldham 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 19.4%, above the national average of 12.4%. Workers in Oldham have an average one-way commute time of 22.6 minutes.
Education & Demographics
23.1% of Oldham 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 3.1% White, 3.1% Hispanic or Latino, 0.0% Black or African American, and 3.1% Asian residents, with 3.1% of the population being foreign-born.
How Oldham Ranks in South Dakota
Cost of Living in Oldham, SD
Compared to national averages, Oldham has a median household income of $29,643 (61% below the national median of $75,149). Home values average $62,000, which is 75% below the national median. Monthly rent at $388 is 67% below the US average of $1,163. Within South Dakota, Oldham's income is 54% below the state average of $64,650, and home values are 57% below the state median of $143,757.
Why Live in Oldham, SD?
Oldham offers affordable housing with a median home value of $62,000, below the US average of $244,900, and rent that’s lower than the national average at $388/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 22.6 minutes.
Potential considerations include median household income ($29,643) that falls below the national average. However, Oldham’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oldham has a population of 98 with a median age of 59.3 years. Compare Oldham 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 Oldham
What is the population of Oldham, SD?
The population of Oldham, SD is 98 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 Oldham?
The median household income in Oldham, SD is $29,643 per year, which is 61% below the national median of $75,149.
What is the median home value in Oldham?
The median home value in Oldham, SD is $62,000, which is 75% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oldham?
The median monthly rent in Oldham, SD is $388, which is 67% below the national average of $1,163/month.
What is the unemployment rate in Oldham?
The unemployment rate in Oldham, 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 Oldham, SD a good place to live?
Oldham offers a moderate cost of living, affordable housing, and a strong job market. With a population of 98 and a median age of 59.3, the city appeals to established professionals and retirees.
How educated is Oldham, SD?
23.1% of residents in Oldham 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 Oldham?
Key cost-of-living indicators for Oldham, SD: median home value is $62,000 (75% below national), median rent is $388/month, and median household income is $29,643. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oldham?
The poverty rate in Oldham, SD is 19.4%, 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 Oldham, SD?
Oldham's population is 3.1% White, 3.1% Hispanic or Latino, 0.0% Black or African American, 3.1% Asian, and 0.0% two or more races. 3.1% of residents are foreign-born.