Prairiewood Village, SD
Population 496 · South Dakota
About Prairiewood Village, SD
Prairiewood Village is a small community located in South Dakota with a population of 496 residents according to the latest US Census Bureau American Community Survey data. The median household income is $118,681 per year, which is 58% above the national median of $75,149. The median age of 32.6 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 Prairiewood Village features a median home value of $443,500, which is 81% above the national median of $244,900. This places Prairiewood Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 149 total housing units, 100% are owner-occupied (149 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Prairiewood Village 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 Prairiewood Village have an average one-way commute time of 15.6 minutes, one of the shorter commutes in the region.
Education & Demographics
68.0% of Prairiewood Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. 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.
How Prairiewood Village Ranks in South Dakota
Cost of Living in Prairiewood Village, SD
Compared to national averages, Prairiewood Village has a median household income of $118,681 (58% above the national median of $75,149). Home values average $443,500, which is 81% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within South Dakota, Prairiewood Village's income is 84% above the state average of $64,650, and home values are 209% above the state median of $143,757.
Why Live in Prairiewood Village, SD?
Prairiewood Village offers a strong local economy with a median household income of $118,681, well above the national average, 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 well-educated community where 68.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 15.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $443,500. However, Prairiewood Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Prairiewood Village has a population of 496 with a median age of 32.6 years. Compare Prairiewood Village 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 Prairiewood Village
What is the population of Prairiewood Village, SD?
The population of Prairiewood Village, SD is 496 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 Prairiewood Village?
The median household income in Prairiewood Village, SD is $118,681 per year, which is 58% above the national median of $75,149.
What is the median home value in Prairiewood Village?
The median home value in Prairiewood Village, SD is $443,500, which is 81% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Prairiewood Village?
The median monthly rent in Prairiewood Village, SD is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Prairiewood Village?
The unemployment rate in Prairiewood Village, 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 Prairiewood Village, SD a good place to live?
Prairiewood Village offers above-average incomes, a competitive housing market, and a strong job market. With a population of 496 and a median age of 32.6, the city appeals to young professionals and families.
How educated is Prairiewood Village, SD?
68.0% of residents in Prairiewood Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Prairiewood Village?
Key cost-of-living indicators for Prairiewood Village, SD: median home value is $443,500 (81% above national), median rent is $0/month, and median household income is $118,681. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Prairiewood Village?
The poverty rate in Prairiewood Village, 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 Prairiewood Village, SD?
Prairiewood Village'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.