Cost of Living in Pennington County, SD
Population 113,512 · Census ACS 2020–2024 5-year estimates
The median rent in Pennington County, SD is $1,120/month, 18% higher than the South Dakota median and 21% lower than the U.S. median. The median home value is $302,200, 9% lower than the national median. Households earn a median of $74,517 a year, about the same as the state median.
Affordability
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Pennington County vs. South Dakota vs. U.S.
| Pennington County | South Dakota | U.S. | |
|---|---|---|---|
| Median rent | $1,120 | $946 | $1,413 |
| Median home value | $302,200 | $257,400 | $332,700 |
| Median household income | $74,517 | $75,081 | $80,734 |
| Homeownership rate | 69.3% | 68.6% | 65.2% |
| Bachelor's degree or higher | 34.6% | 31.9% | 35.7% |
| Poverty rate | 11.2% | 11.9% | 12.5% |
| Unemployment rate | 3.2% | 2.9% | 5.2% |
| Work from home | 9.6% | 9.7% | 15.1% |
| Median age | 40.1 | 38.0 | 38.9 |
FAQ
What is the average rent in Pennington County, SD?
The median gross rent in Pennington County, SD is $1,120 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Pennington County, SD?
Using the common 30% rule, renting a median-priced home takes about $44,800 a year in gross income.
Is Pennington County, SD expensive to live in?
Rent there is 21% lower than the U.S. median, and the median home costs about 4.1 times the median household income.
Other counties in South Dakota
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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