Spearfish, SD
Population 12,551 · South Dakota
About Spearfish, SD
Spearfish is a mid-sized city in South Dakota with a population of 12,551 residents. The median household income is $59,731 per year, which is near the national average. The median age in Spearfish is 37.2 years.
Housing in Spearfish has a median home value of $309,200 and median monthly rent of $941. Of the 6,238 total housing units, renting is more common than owning, with 2,791 owner-occupied and 2,983 renter-occupied units.
The unemployment rate in Spearfish is 2.5% and the poverty rate is 15.2%. 43.6% of residents hold a bachelor's degree or higher. The average commute time is 14.8 minutes.
How Spearfish Ranks in South Dakota
Cost of Living in Spearfish, SD
Compared to national averages, Spearfish has a median household income of $59,731 (21% below the national median of $75,149). Home values average $309,200, which is 26% above the national median. Monthly rent at $941 is 19% below the US average of $1,163. Within South Dakota, Spearfish's income is 8% below the state average of $64,650, and home values are 115% above the state median of $143,757.
Why Live in Spearfish, SD?
Spearfish offers rent that’s lower than the national average at $941/month, and a strong job market with an unemployment rate of just 2.5%, and a well-educated community where 43.6% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 14.8 minutes.
Potential considerations include median household income ($59,731) that falls below the national average. However, Spearfish’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Spearfish has a population of 12,551 with a median age of 37.2 years. Compare Spearfish with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Spearfish
Cities in South Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Box Elder | 12,457 | $73,698 | $271,800 | Compare |
| Vermillion | 11,800 | $52,815 | $210,200 | Compare |
| Pierre | 14,008 | $74,053 | $219,500 | Compare |
| Brandon | 10,996 | $104,806 | $317,300 | Compare |
| Huron | 14,347 | $51,556 | $164,700 | Compare |
| Yankton | 15,501 | $69,071 | $202,300 | Compare |
| Mitchell | 15,637 | $56,374 | $182,000 | Compare |
| Harrisburg | 7,790 | $101,534 | $281,400 | 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 Spearfish
What is the population of Spearfish, SD?
The population of Spearfish, SD is 12,551 according to the latest Census data.
What is the median household income in Spearfish?
The median household income in Spearfish, SD is $59,731 per year.
What is the median home value in Spearfish?
The median home value in Spearfish, SD is $309,200.
What is the average rent in Spearfish?
The median monthly rent in Spearfish, SD is $941.
What is the unemployment rate in Spearfish?
The unemployment rate in Spearfish, SD is 2.5%.