Veblen, SD
Population 428 · South Dakota
About Veblen, SD
Veblen is a small community located in South Dakota with a population of 428 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,917 per year, which is 30% below the national median of $75,149. The median age of 27.7 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 Veblen features a median home value of $40,800, which is 83% below the national median of $244,900. This makes Veblen one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $653, 44% below the national average of $1,163/month. Of the 186 total housing units, 63% are owner-occupied (86 units) and 37% are renter-occupied (51 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Veblen shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 20.8%, above the national average of 12.4%. Workers in Veblen have an average one-way commute time of 17.9 minutes, one of the shorter commutes in the region.
Education & Demographics
21.1% of Veblen 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 26.6% White, 32.0% Hispanic or Latino, 0.0% Black or African American, and 5.4% Asian residents, with 15.0% of the population being foreign-born.
How Veblen Ranks in South Dakota
Cost of Living in Veblen, SD
Compared to national averages, Veblen has a median household income of $52,917 (30% below the national median of $75,149). Home values average $40,800, which is 83% below the national median. Monthly rent at $653 is 44% below the US average of $1,163. Within South Dakota, Veblen's income is 18% below the state average of $64,650, and home values are 72% below the state median of $143,757.
Why Live in Veblen, SD?
Veblen offers affordable housing with a median home value of $40,800, below the US average of $244,900, and rent that’s lower than the national average at $653/month, and a strong job market with an unemployment rate of just 2.1%. Additionally, the city features short commute times averaging just 17.9 minutes.
Potential considerations include median household income ($52,917) that falls below the national average. However, Veblen’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Veblen has a population of 428 with a median age of 27.7 years. Compare Veblen with other cities to see how it stacks up, or explore all cities in South Dakota.
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Demographics
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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 Veblen
What is the population of Veblen, SD?
The population of Veblen, SD is 428 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 Veblen?
The median household income in Veblen, SD is $52,917 per year, which is 30% below the national median of $75,149.
What is the median home value in Veblen?
The median home value in Veblen, SD is $40,800, which is 83% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Veblen?
The median monthly rent in Veblen, SD is $653, which is 44% below the national average of $1,163/month.
What is the unemployment rate in Veblen?
The unemployment rate in Veblen, SD is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Veblen, SD a good place to live?
Veblen offers a moderate cost of living, affordable housing, and a strong job market. With a population of 428 and a median age of 27.7, the city appeals to young professionals and families.
How educated is Veblen, SD?
21.1% of residents in Veblen 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 Veblen?
Key cost-of-living indicators for Veblen, SD: median home value is $40,800 (83% below national), median rent is $653/month, and median household income is $52,917. The home-value-to-income ratio is 0.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Veblen?
The poverty rate in Veblen, SD is 20.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Veblen, SD?
Veblen's population is 26.6% White, 32.0% Hispanic or Latino, 0.0% Black or African American, 5.4% Asian, and 0.0% two or more races. 15.0% of residents are foreign-born.