Everything You Need to Know About the City of Rapid City North Dakota

In 2017, Rapid City, South Dakota had a population of 72.8k people with a median age of 37.1 and a median household income of $48,895 dollars. Between 2016 and 2017 the population of Rapid City, SD grew from 72,441 to 72,841, a 0.552 percent increase, and its median household income grew from $47,300 dollars to $48,895 dollars, a 3.37 percent increase.

The population of Rapid City, SD is 77.2 percent White Alone, 10.5 percent American Indian & Alaska Native Alone, and 5.01 percent Hispanic or Latino. N/A% of the people in Rapid City, SD speak a non-English language, and 99 percent are U.S. citizens.

The largest universities in Rapid City, SD are South Dakota School of Mines and Technology, National American University-Rapid City, and Western Dakota Technical Institute.

The median property value in Rapid City, SD is $170,700 dollars, and the homeownership rate is 60.8 percent. Most people in Rapid City, SD commute by Drove Alone, and the average commute time is 15.1 minutes. The average car ownership in Rapid City, SD is 2 cars per household.

 

Education in Rapid City

In 2017, universities in Rapid City, SD awarded 1,192 degrees. The student population of Rapid City, SD is skewed towards men, with 2,965 male students and 2,386 female students.

Most students graduating from Universities in Rapid City, SD are White (857 and 74.3 percent), followed by Black or African American (84 and 7.28 percent), Unknown (60 and 5.2 percent), and Hispanic or Latino (55 and 4.77 percent).

The largest universities in Rapid City, SD by the number of degrees awarded are South Dakota School of Mines and Technology (463 and 38.8 percent), National American University-Rapid City (337 and 28.3 percent), and Western Dakota Technical Institute (305 and 25.6 percent).

The most popular majors in Rapid City, SD are General Business Administration & Management (142 and 11.9 percent), Mechanical Engineering (85 and 7.13 percent), and General Cosmetology (55 and 4.61 percent).

The median tuition costs in Rapid City, SD is $N/A for private four-year colleges, and $7,380 dollars and $11,560 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Rapid City

The economy of Rapid City, SD employs 35.5k people and Rapid City has an unemployment rate of 3.1 percent. Rapid City has seen the job market increase by 2.5 percent over the last year. Future job growth over the next ten years is predicted to be 35.5 percent, which is higher than the US average of 33.5 percent. The largest industries in Rapid City, SD are Health Care & Social Assistance (5,601 people), Accommodation & Food Services (3,805 people), and Retail Trade (4,809 people), and the highest paying industries are Utilities ($75,179 dollars), Mining, Quarrying, & Oil & Gas Extraction ($53,125 dollars), and Transportation & Warehousing, & Utilities ($46,827 dollars).

Households in Rapid City, SD have a median annual income of $48,895 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $47,300 dollars in 2016, which represents a 3.37 percent annual growth.

 

Tax Rates for Rapid City

– The Sales Tax Rate for Rapid City is 6.5 percent.

– The Income Tax Rate for Rapid City is 0.0 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Rapid City

– The average earnings of a Rapid City resident are $25,983 dollars a year.

– The Median household earnings of a Rapid City resident is $46,392 dollars a year.