Toronto, SD
Population 272 · South Dakota
About Toronto, SD
Toronto is a small community located in South Dakota with a population of 272 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,750 per year, which is 28% below the national median of $75,149. The median age of 39.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Toronto features a median home value of $90,000, which is 63% below the national median of $244,900. This makes Toronto one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $438, 62% below the national average of $1,163/month. Of the 159 total housing units, 64% are owner-occupied (84 units) and 36% are renter-occupied (47 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Toronto shows an unemployment rate of 7.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Toronto have an average one-way commute time of 28.6 minutes.
Education & Demographics
5.6% of Toronto 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 22.1% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 11.0% of the population being foreign-born.
How Toronto Ranks in South Dakota
Cost of Living in Toronto, SD
Compared to national averages, Toronto has a median household income of $53,750 (28% below the national median of $75,149). Home values average $90,000, which is 63% below the national median. Monthly rent at $438 is 62% below the US average of $1,163. Within South Dakota, Toronto's income is 17% below the state average of $64,650, and home values are 37% below the state median of $143,757.
Why Live in Toronto, SD?
Toronto offers affordable housing with a median home value of $90,000, below the US average of $244,900, and rent that’s lower than the national average at $438/month, and a low poverty rate of 2.9%, better than the national average.
Potential considerations include median household income ($53,750) that falls below the national average. However, Toronto’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Toronto has a population of 272 with a median age of 39.7 years. Compare Toronto with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Toronto
Cities in South Dakota with a similar population size.
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 Toronto
What is the population of Toronto, SD?
The population of Toronto, SD is 272 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 Toronto?
The median household income in Toronto, SD is $53,750 per year, which is 28% below the national median of $75,149.
What is the median home value in Toronto?
The median home value in Toronto, SD is $90,000, which is 63% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Toronto?
The median monthly rent in Toronto, SD is $438, which is 62% below the national average of $1,163/month.
What is the unemployment rate in Toronto?
The unemployment rate in Toronto, SD is 7.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Toronto, SD a good place to live?
Toronto offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 272 and a median age of 39.7, the city appeals to a broad range of residents.
How educated is Toronto, SD?
5.6% of residents in Toronto 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 Toronto?
Key cost-of-living indicators for Toronto, SD: median home value is $90,000 (63% below national), median rent is $438/month, and median household income is $53,750. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Toronto?
The poverty rate in Toronto, SD is 2.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Toronto, SD?
Toronto's population is 22.1% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 11.0% of residents are foreign-born.