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.
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%).
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+
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.
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
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Castlewood | 804 | $87,045 | $198,200 | $1,139 |
| Hayti | 444 | $83,750 | $122,600 | $778 |
| Lake Poinsett | 348 | $96,875 | $493,200 | — |
| Estelline | 831 | $78,438 | $142,200 | $753 |
| Kranzburg | 175 | $74,375 | $156,600 | — |
| Lake Norden | 889 | $75,688 | $192,600 | $1,089 |
| Goodwin | 101 | $53,125 | $188,500 | $533 |
| Watertown | 23,044 | $69,600 | $229,400 | $942 |
| Clear Lake | 1,327 | $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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