Living in Bonesteel, South Dakota

Cost of living, income, home prices, rent and demographics of Bonesteel · Census data 2020–2024

Bonesteel has 286 residents with a median age of 47.7. The median household income is $43,409 (42% lower than the South Dakota median), the median home value is $74,100, the median rent is $593/month.

Bonesteel is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Bonesteel at a glance

Population
286
Median age
47.7State: 38
Median household income
$43,409State: $75,081
Median home value
$74,100State: $257,400
Median rent
$593/moState: $946
Homeowners
65.8%
Bachelor's degree or higher
13.1%
Average commute
14 min

Is Bonesteel a good place to live?

Pros: Home values 71% lower than the state median; an average commute of 14 minutes.

Cons: Median household income 42% lower than the South Dakota median; unemployment of 8.5%; a poverty rate of 23.5%.

The weather is best in June to September.

Cost of living in Bonesteel

Housing is the biggest part of the cost of living. In Bonesteel the median home value is $74,100, 78% lower than the U.S. median. Renters pay a median of $593 per month, which is 47.5% of household income. Homeowners with a mortgage pay $1,188 a month in housing costs.

Median home value

Bonesteel$74,100
South Dakota$257,400
United States$332,700

Median monthly rent

Bonesteel$593
South Dakota$946
United States$1,413

Bonesteel median household income

The median household income in Bonesteel is $43,409 and the income per person is $27,005. 23.5% of residents live below the poverty line (South Dakota: 11.9%).

Median household income

Bonesteel$43,409
South Dakota$75,081
United States$80,734

Housing in Bonesteel: homes for sale and rent

Housing units
146
Owner-occupied
65.8%
Renter-occupied
34.2%
Vacant
21.9%Includes seasonal homes
Median year built
1948
Average household size
2.39

Bonesteel demographics

Population
286
Median age
47.7
Under 18
22.7%
65 and older
24.5%
Households
114
Foreign-born
0%
Veterans
7.2%Adults 18+

Race and ethnicity

White80.1%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Bonesteel ›

Education in Bonesteel

13.1% of adults 25 and older in Bonesteel have a bachelor's degree or higher (South Dakota: 31.9%), and 5.1% have a graduate or professional degree.

Bachelor's degree or higher

Bonesteel13.1%
South Dakota31.9%
United States35.7%

Jobs and commute in Bonesteel

Unemployment rate
8.5%State: 2.9%
Average commute
14 minState: 18 min
Work from home
7.4%
Drive alone
65.3%
Public transit
0%
Walk to work
15.8%
Homes with broadband
68.4%

Bonesteel vs nearby towns

TownPopulationMedian incomeHome valueRent
Bonesteel286$43,409$74,100$593
Fairfax119$72,656$62,100—
Naper117$36,250$22,500—
Butte273$54,063$67,100$613
Geddes158$60,000$88,100—
Spencer312$58,667$82,500$713
Burke708$52,500$150,000$525
Pickstown275$87,188$287,500$850
Lake Andes901$47,500$58,800$762

More for people moving to Bonesteel

Bonesteel ZIP code ›Weather and climate ›

Living in Bonesteel: FAQ

What is the median household income in Bonesteel, SD?

The median household income in Bonesteel is $43,409, 42% lower 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 Bonesteel?

The median home value in Bonesteel is $74,100, compared with $257,400 in South Dakota.

How much is rent in Bonesteel?

The median gross rent in Bonesteel is $593 per month, about 47.5% of household income.

Is Bonesteel, SD a good place to live?

Pluses: home values 71% lower than the state median; an average commute of 14 minutes. Minuses: median household income 42% lower than the South Dakota median; unemployment of 8.5%; a poverty rate of 23.5%.

What is the median age in Bonesteel?

The median age in Bonesteel is 47.7 years (South Dakota: 38).

How long is the commute in Bonesteel?

The average commute to work in Bonesteel is 14 minutes; 7.4% of workers work from home.

What is the unemployment rate in Bonesteel?

The unemployment rate in Bonesteel is 8.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Bonesteel?

13.1% of adults in Bonesteel 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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