Platte, SD
Population 1,310 · South Dakota
About Platte, SD
Platte is a small community in South Dakota with a population of 1,310 residents. The median household income is $71,641 per year, which is above the national average. The median age in Platte is 32.9 years.
Housing in Platte has a median home value of $165,700 and median monthly rent of $860. Of the 615 total housing units, the majority are owner-occupied, with 387 owner-occupied and 165 renter-occupied units.
The unemployment rate in Platte is 0.8% and the poverty rate is 16.2%. 29.7% of residents hold a bachelor's degree or higher. The average commute time is 7.2 minutes.
How Platte Ranks in South Dakota
Cost of Living in Platte, SD
Compared to national averages, Platte has a median household income of $71,641 (5% below the national median of $75,149). Home values average $165,700, which is 32% below the national median. Monthly rent at $860 is 26% below the US average of $1,163. Within South Dakota, Platte's income is 11% above the state average of $64,650, and home values are 15% above the state median of $143,757.
Why Live in Platte, SD?
Platte offers affordable housing with a median home value of $165,700, below the US average of $244,900, and rent that’s lower than the national average at $860/month, and a strong job market with an unemployment rate of just 0.8%. Additionally, the city features short commute times averaging just 7.2 minutes.
Potential considerations include median household income ($71,641) that falls below the national average. However, Platte’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Platte has a population of 1,310 with a median age of 32.9 years. Compare Platte with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Platte
Cities in South Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Deadwood | 1,319 | $52,679 | $227,000 | Compare |
| Gregory | 1,330 | $47,629 | $105,600 | Compare |
| Gettysburg | 1,344 | $59,667 | $127,000 | Compare |
| Miller | 1,346 | $51,774 | $135,100 | Compare |
| Parker | 1,247 | $87,632 | $208,000 | Compare |
| Mission | 1,380 | $34,000 | $56,900 | Compare |
| Crooks | 1,216 | $104,479 | $270,500 | Compare |
| Lemmon | 1,214 | $42,461 | $79,700 | 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 Platte
What is the population of Platte, SD?
The population of Platte, SD is 1,310 according to the latest Census data.
What is the median household income in Platte?
The median household income in Platte, SD is $71,641 per year.
What is the median home value in Platte?
The median home value in Platte, SD is $165,700.
What is the average rent in Platte?
The median monthly rent in Platte, SD is $860.
What is the unemployment rate in Platte?
The unemployment rate in Platte, SD is 0.8%.