Living in Castlewood, South Dakota

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

Castlewood has 804 residents with a median age of 36.5. The median household income is $87,045 (16% higher than the South Dakota median), the median home value is $198,200, the median rent is $1,139/month.

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

Castlewood at a glance

Population
804
Median age
36.5State: 38
Median household income
$87,045State: $75,081
Median home value
$198,200State: $257,400
Median rent
$1,139/moState: $946
Homeowners
82.5%
Bachelor's degree or higher
25%
Average commute
25 min

Is Castlewood a good place to live?

Pros: Median household income 16% higher than the South Dakota median; home values 23% lower than the state median; unemployment of 1.7%; a poverty rate of 4.4%.

Cons: An average commute of 25 minutes.

The weather is best in June to September.

Cost of living in Castlewood

Housing is the biggest part of the cost of living. In Castlewood the median home value is $198,200, 40% lower than the U.S. median. Renters pay a median of $1,139 per month, which is 37.8% of household income. Homeowners with a mortgage pay $1,319 a month in housing costs.

Median home value

Castlewood$198,200
South Dakota$257,400
United States$332,700

Median monthly rent

Castlewood$1,139
South Dakota$946
United States$1,413

Castlewood median household income

The median household income in Castlewood is $87,045 and the income per person is $34,158. 4.4% of residents live below the poverty line (South Dakota: 11.9%).

Median household income

Castlewood$87,045
South Dakota$75,081
United States$80,734

Housing in Castlewood: homes for sale and rent

Housing units
307
Owner-occupied
82.5%
Renter-occupied
17.5%
Vacant
4.9%Includes seasonal homes
Median year built
1973
Average household size
2.75

Castlewood demographics

Population
804
Median age
36.5
Under 18
33%
65 and older
11.3%
Households
292
Foreign-born
0.7%
Veterans
8.2%Adults 18+

Race and ethnicity

White90.8%
Hispanic or Latino0.5%
Black0.6%
Asian0%

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

Education in Castlewood

25% of adults 25 and older in Castlewood have a bachelor's degree or higher (South Dakota: 31.9%), and 5% have a graduate or professional degree.

Bachelor's degree or higher

Castlewood25%
South Dakota31.9%
United States35.7%

Jobs and commute in Castlewood

Unemployment rate
1.7%State: 2.9%
Average commute
25 minState: 18 min
Work from home
3.6%
Drive alone
79.5%
Public transit
0%
Walk to work
2.5%
Homes with broadband
80.1%

Castlewood vs nearby towns

TownPopulationMedian incomeHome valueRent
Castlewood804$87,045$198,200$1,139
Hayti444$83,750$122,600$778
Lake Poinsett348$96,875$493,200—
Estelline831$78,438$142,200$753
Kranzburg175$74,375$156,600—
Lake Norden889$75,688$192,600$1,089
Goodwin101$53,125$188,500$533
Watertown23,044$69,600$229,400$942
Clear Lake1,327$84,792$162,500$663

More for people moving to Castlewood

Castlewood ZIP code ›Weather and climate ›

Living in Castlewood: FAQ

What is the median household income in Castlewood, SD?

The median household income in Castlewood is $87,045, 16% 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 Castlewood?

The median home value in Castlewood is $198,200, compared with $257,400 in South Dakota.

How much is rent in Castlewood?

The median gross rent in Castlewood is $1,139 per month, about 37.8% of household income.

Is Castlewood, SD a good place to live?

Pluses: median household income 16% higher than the South Dakota median; home values 23% lower than the state median; unemployment of 1.7%; a poverty rate of 4.4%. Minuses: an average commute of 25 minutes.

What is the median age in Castlewood?

The median age in Castlewood is 36.5 years (South Dakota: 38).

How long is the commute in Castlewood?

The average commute to work in Castlewood is 25 minutes; 3.6% of workers work from home.

What is the unemployment rate in Castlewood?

The unemployment rate in Castlewood is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Castlewood?

25% of adults in Castlewood 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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