Rapid Valley, SD
Population 7,153 · South Dakota
About Rapid Valley, SD
Rapid Valley is a small community in South Dakota with a population of 7,153 residents. The median household income is $85,217 per year, which is above the national average. The median age in Rapid Valley is 42.6 years.
Housing in Rapid Valley has a median home value of $226,300 and median monthly rent of $1,263. Of the 3,307 total housing units, the majority are owner-occupied, with 3,116 owner-occupied and 137 renter-occupied units.
The unemployment rate in Rapid Valley is 3.4% and the poverty rate is 6.9%. 20.1% of residents hold a bachelor's degree or higher. The average commute time is 18.1 minutes.
How Rapid Valley Ranks in South Dakota
Cost of Living in Rapid Valley, SD
Compared to national averages, Rapid Valley has a median household income of $85,217 (13% above the national median of $75,149). Home values average $226,300, which is 8% below the national median. Monthly rent at $1,263 is 9% above the US average of $1,163. Within South Dakota, Rapid Valley's income is 32% above the state average of $64,650, and home values are 57% above the state median of $143,757.
Why Live in Rapid Valley, SD?
Rapid Valley offers a strong local economy with a median household income of $85,217, well above the national average, and affordable housing with a median home value of $226,300, below the US average of $244,900, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 6.9%, better than the national average, and short commute times averaging just 18.1 minutes.
Rapid Valley has a population of 7,153 with a median age of 42.6 years. Compare Rapid Valley with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Rapid Valley
Cities in South Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sturgis | 7,111 | $51,101 | $236,400 | Compare |
| Harrisburg | 7,790 | $101,534 | $281,400 | Compare |
| Tea | 6,339 | $104,643 | $305,300 | Compare |
| Madison | 6,158 | $62,180 | $191,400 | Compare |
| Belle Fourche | 5,741 | $59,920 | $188,800 | Compare |
| Dakota Dunes | 4,129 | $123,438 | $495,000 | Compare |
| Dell Rapids | 3,947 | $101,250 | $284,400 | Compare |
| Milbank | 3,513 | $58,462 | $161,300 | 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.
Compare Rapid Valley With Other Cities
Frequently Asked Questions about Rapid Valley
What is the population of Rapid Valley, SD?
The population of Rapid Valley, SD is 7,153 according to the latest Census data.
What is the median household income in Rapid Valley?
The median household income in Rapid Valley, SD is $85,217 per year.
What is the median home value in Rapid Valley?
The median home value in Rapid Valley, SD is $226,300.
What is the average rent in Rapid Valley?
The median monthly rent in Rapid Valley, SD is $1,263.
What is the unemployment rate in Rapid Valley?
The unemployment rate in Rapid Valley, SD is 3.4%.