Living in Anderson, South Dakota
Cost of living, income, home prices, rent and demographics of Anderson · Census data 2020–2024
Anderson has 219 residents with a median age of 63.5. The median household income is $145,556 (94% higher than the South Dakota median), the median home value is $364,500.
Anderson is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Anderson at a glance
- Population
- 219
- Median age
- 63.5State: 38
- Median household income
- $145,556State: $75,081
- Median home value
- $364,500State: $257,400
- Homeowners
- 87.5%
- Bachelor's degree or higher
- 56.2%
Is Anderson a good place to live?
Pros: Median household income 94% higher than the South Dakota median.
Cons: Home values 42% higher than the state median.
The weather is best in June to September.
Cost of living in Anderson
Housing is the biggest part of the cost of living. In Anderson the median home value is $364,500, 10% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,894 a month in housing costs.
Anderson median household income
The median household income in Anderson is $145,556 and the income per person is $76,496. 0% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Anderson: homes for sale and rent
- Housing units
- 112
- Owner-occupied
- 87.5%
- Renter-occupied
- 12.5%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 1.96
Anderson demographics
- Population
- 219
- Median age
- 63.5
- Under 18
- 0%
- 65 and older
- 42.9%
- Households
- 112
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Anderson ›
Education in Anderson
56.2% of adults 25 and older in Anderson have a bachelor's degree or higher (South Dakota: 31.9%), and 27.4% have a graduate or professional degree.
Jobs and commute in Anderson
- Unemployment rate
- 0%State: 2.9%
- Average commute
- —State: 18 min
- Work from home
- 29.5%
- Drive alone
- 70.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 59.8%
Anderson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Anderson | 219 | $145,556 | $364,500 | — |
| Pine Lakes Addition | 282 | $170,795 | $616,100 | — |
| Shindler | 579 | $146,154 | $617,600 | — |
| Brandon | 10,996 | $110,806 | $336,600 | $976 |
| Sioux Falls | 201,469 | $75,970 | $292,400 | $1,035 |
| Harrisburg | 8,519 | $108,724 | $312,200 | $1,362 |
| Meadow View Addition | 879 | $99,760 | $250,600 | — |
| Valley Springs | 996 | $107,222 | $192,600 | $1,028 |
| Larchwood | 1,136 | $67,188 | $215,600 | $867 |
More for people moving to Anderson
Anderson ZIP code ›Weather and climate ›Living in Anderson: FAQ
What is the median household income in Anderson, SD?
The median household income in Anderson is $145,556, 94% higher than the South Dakota median of $75,081 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Anderson?
The median home value in Anderson is $364,500, compared with $257,400 in South Dakota.
Is Anderson, SD a good place to live?
Pluses: median household income 94% higher than the South Dakota median. Minuses: home values 42% higher than the state median.
What is the median age in Anderson?
The median age in Anderson is 63.5 years (South Dakota: 38).
What is the unemployment rate in Anderson?
The unemployment rate in Anderson is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Anderson?
56.2% of adults in Anderson have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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