South Dakota Real Estate and Livability Trends

South Dakota's real estate market is revealing some intriguing economic signals. Average taxable income per tax return has nearly doubled in nine years, jumping from $57,889.02 in 2013 to $87,760.33 in 2021, suggesting a more affluent population potentially interested in higher-value properties. Median home values have surged from $140,500 in 2015 to $219,500 in 2022, highlighting a strong... Read more

Economic Outlook

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South Dakota's average taxable income per tax return has nearly doubled over nine years, jumping from $57,889.02 in 2013 to $87,760.33 in 2021, with notable spikes in 2018 and 2021. Concurrently, state and local income taxes have seen wild fluctuations, peaking at $21,391.40 in 2019 but slightly falling to $20,372.48 by 2021. The average total tax liability per tax return has also increased significantly, hitting $15,311.65 in 2021. These trends hint at an evolving economic landscape, which... Read more

Average Taxable Income per Tax Return in South Dakota over the last 9 years

Over the past nine years, South Dakota has seen a notable increase in average taxable income per tax return, beginning at $57,889.02 in 2013 and reaching $87,760.33 in 2021. This steady growth, particularly the significant jumps in 2018 and 2021, could attract investor attention due to the region's positive economic trajectory. This trend holds potential importance for real estate agents, insurance agents, and those looking to build property, signifying a strong local economy that may support higher property values and potential returns on investments.

Cost of Living in South Dakota

Safety trends & Data

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Over the past five years, South Dakota has seen fluctuations in property crime trends. Arson incidents peaked at 394 cases in 2020, and fraud numbers, though high in 2018 at 2,347 cases, decreased to 920 in 2021. While burglary and motor vehicle thefts show sporadic variations, vandalism remains steady around 500 cases annually. Embezzlement reached its highest at 166 incidents in 2019, while forgery consistently recorded significant counts. These patterns provide valuable insights into... Read more

Property Crime Trends in South Dakota Over the Last 5 Years

Over the past five years, South Dakota has shown varied trends in property crimes. Arson incidents fluctuate, reaching a peak of 394 cases in 2020. Fraud consistently maintains high numbers, peaking at 2,347 cases in 2018 but seeing a notable decline to 920 in 2021. Burglary and motor vehicle thefts are relatively low compared to other crimes but show sporadic variations. Vandalism remains a persistent issue, with figures hovering around the 500 mark annually. Embezzlement and forgery also present notable trends with embezzlement peaking at 166 incidents in 2019 and forgery reflecting significant counts across the years. These patterns can aid potential investors, real estate agents, and residents in evaluating the property risk landscape in South Dakota.


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South Dakota's demographic trends subtly indicate a relatively balanced gender population and a diverse age distribution with a significant portion of the population in their prime working years. Educational attainment highlights a majority being high school graduates, though a notable number pursue higher education. The state's racial makeup reflects a predominantly White population, yet there's a considerable representation of American Indian and Alaska Native peoples. These aspects might... Read more

Race Distribution in South Dakota (2022)

Educational Attainment in South Dakota (2022)

Age Distribution in South Dakota

Citizen Population in South Dakota (2022)

Political Trends & Data

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South Dakota's real estate market could be indirectly influenced by the state's political leanings, where over 61% of votes favored Republicans in 2020. This political climate might appeal to buyers prioritizing conservative values, potentially impacting property demand and development trends. Additionally, the modest 2.6% vote for Libertarians may suggest some niche market opportunities for alternative housing models or... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

South Dakota's 2020 voting patterns possibly indicate a strong leaning towards Republican preferences with over 61% of the vote, compared to around 35.6% for Democrats. Libertarians secured a modest share at approximately 2.6%. These figures might reflect South Dakota's political landscape, potentially reinforcing its reputation as a predominantly Republican state.

61.77% of voters voted for the Republican party in the 2020 Presidential Election

35.61% of voters voted for the Democrat party in the 2020 Presidential Election

2.63% of voters voted for the Libertarian party in the 2020 Presidential Election

School Data

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South Dakota's student-to-teacher ratio has swung notably, with lows like twelve students per teacher in 2017 and a spike to over fifteen in 2021, outpacing the national average of fourteen. This variability is a key consideration for investors and developers, as lower ratios often mean more personalized instruction, potentially increasing property values in well-rated school districts. On the flip side, higher ratios may indicate resource constraints in education, which could negatively impact... Read more

Student-to-teacher ratio in South Dakota over the last 10 years

South Dakota's student-to-teacher ratio has fluctuated over the past decade, with notable highs and lows. From 2014 to 2017, the ratio generally trended downward, hitting a low of twelve students per teacher in 2017. However, 2021 saw a spike to over fifteen, significantly higher than the national average of fourteen. This variability could serve as a crucial consideration for potential investors, developers, and residents. Lower ratios typically suggest more personalized instruction, which could enhance property values and demand in areas with better schools. Conversely, higher ratios may flag potential resource constraints in the education system, impacting perceptions of local school quality and, subsequently, real estate market dynamics.