Wilmot, SD
Population 441 · South Dakota
About Wilmot, SD
Wilmot is a small community located in South Dakota with a population of 441 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,563 per year, which is 18% below the national median of $75,149. The median age of 57.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Wilmot features a median home value of $68,600, which is 72% below the national median of $244,900. This makes Wilmot one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $642, 45% below the national average of $1,163/month. Of the 232 total housing units, 80% are owner-occupied (158 units) and 20% are renter-occupied (39 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wilmot shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wilmot have an average one-way commute time of 19.6 minutes, one of the shorter commutes in the region.
Education & Demographics
29.0% of Wilmot residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 5.7% White, 5.9% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 3.2% of the population being foreign-born.
Cost of Living in Wilmot, SD
Compared to national averages, Wilmot has a median household income of $61,563 (18% below the national median of $75,149). Home values average $68,600, which is 72% below the national median. Monthly rent at $642 is 45% below the US average of $1,163. Within South Dakota, Wilmot's income is 5% below the state average of $64,650, and home values are 52% below the state median of $143,757.
Why Live in Wilmot, SD?
Wilmot offers affordable housing with a median home value of $68,600, below the US average of $244,900, and rent that’s lower than the national average at $642/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 9.4%, better than the national average, and short commute times averaging just 19.6 minutes.
Potential considerations include median household income ($61,563) that falls below the national average. However, Wilmot’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wilmot has a population of 441 with a median age of 57.2 years. Compare Wilmot 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 Wilmot
What is the population of Wilmot, SD?
The population of Wilmot, SD is 441 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 Wilmot?
The median household income in Wilmot, SD is $61,563 per year, which is 18% below the national median of $75,149.
What is the median home value in Wilmot?
The median home value in Wilmot, SD is $68,600, which is 72% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wilmot?
The median monthly rent in Wilmot, SD is $642, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Wilmot?
The unemployment rate in Wilmot, SD is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wilmot, SD a good place to live?
Wilmot offers a moderate cost of living, affordable housing, and a strong job market. With a population of 441 and a median age of 57.2, the city appeals to established professionals and retirees.
How educated is Wilmot, SD?
29.0% of residents in Wilmot 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 Wilmot?
Key cost-of-living indicators for Wilmot, SD: median home value is $68,600 (72% below national), median rent is $642/month, and median household income is $61,563. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wilmot?
The poverty rate in Wilmot, SD is 9.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wilmot, SD?
Wilmot's population is 5.7% White, 5.9% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 0.0% two or more races. 3.2% of residents are foreign-born.