Valley Springs, SD
Population 967 · South Dakota
About Valley Springs, SD
Valley Springs is a small community located in South Dakota with a population of 967 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,031 per year, which is 29% above the national median of $75,149. The median age of 39.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Valley Springs features a median home value of $178,900, which is 27% below the national median of $244,900. This positions Valley Springs in a moderately priced market relative to the rest of the country. Median monthly rent is $1,025, 12% below the national average of $1,163/month. Of the 356 total housing units, 79% are owner-occupied (274 units) and 21% are renter-occupied (73 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Valley Springs shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Valley Springs have an average one-way commute time of 21.8 minutes.
Education & Demographics
17.4% of Valley Springs 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 0.3% White, 0.4% Hispanic or Latino, 0.2% Black or African American, and 0.0% Asian residents, with 0.2% of the population being foreign-born.
How Valley Springs Ranks in South Dakota
Cost of Living in Valley Springs, SD
Compared to national averages, Valley Springs has a median household income of $97,031 (29% above the national median of $75,149). Home values average $178,900, which is 27% below the national median. Monthly rent at $1,025 is 12% below the US average of $1,163. Within South Dakota, Valley Springs's income is 50% above the state average of $64,650, and home values are 24% above the state median of $143,757.
Why Live in Valley Springs, SD?
Valley Springs offers a strong local economy with a median household income of $97,031, well above the national average, and affordable housing with a median home value of $178,900, below the US average of $244,900, and rent that’s lower than the national average at $1,025/month. Additionally, the city features a strong job market with an unemployment rate of just 3.0%, and a low poverty rate of 7.4%, better than the national average, and short commute times averaging just 21.8 minutes.
Valley Springs has a population of 967 with a median age of 39.3 years. Compare Valley Springs 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 Valley Springs
What is the population of Valley Springs, SD?
The population of Valley Springs, SD is 967 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 Valley Springs?
The median household income in Valley Springs, SD is $97,031 per year, which is 29% above the national median of $75,149.
What is the median home value in Valley Springs?
The median home value in Valley Springs, SD is $178,900, which is 27% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Valley Springs?
The median monthly rent in Valley Springs, SD is $1,025, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Valley Springs?
The unemployment rate in Valley Springs, SD is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Valley Springs, SD a good place to live?
Valley Springs offers above-average incomes, affordable housing, and a strong job market. With a population of 967 and a median age of 39.3, the city appeals to a broad range of residents.
How educated is Valley Springs, SD?
17.4% of residents in Valley Springs 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 Valley Springs?
Key cost-of-living indicators for Valley Springs, SD: median home value is $178,900 (27% below national), median rent is $1,025/month, and median household income is $97,031. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Valley Springs?
The poverty rate in Valley Springs, SD is 7.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Valley Springs, SD?
Valley Springs's population is 0.3% White, 0.4% Hispanic or Latino, 0.2% Black or African American, 0.0% Asian, and 0.6% two or more races. 0.2% of residents are foreign-born.