Living in Faulkton, South Dakota
Cost of living, income, home prices, rent and demographics of Faulkton · Census data 2020–2024
Faulkton has 670 residents with a median age of 37.5. The median household income is $63,750 (15% lower than the South Dakota median), the median home value is $99,600, the median rent is $902/month.
Faulkton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Faulkton at a glance
- Population
- 670
- Median age
- 37.5State: 38
- Median household income
- $63,750State: $75,081
- Median home value
- $99,600State: $257,400
- Median rent
- $902/moState: $946
- Homeowners
- 57.5%
- Bachelor's degree or higher
- 22.3%
- Average commute
- 16 min
Is Faulkton a good place to live?
Pros: Home values 61% lower than the state median; an average commute of 16 minutes.
Cons: Median household income 15% lower than the South Dakota median; unemployment of 15.2%; a poverty rate of 13.4%.
The weather is best in June to September.
Cost of living in Faulkton
Housing is the biggest part of the cost of living. In Faulkton the median home value is $99,600, 70% lower than the U.S. median. Renters pay a median of $902 per month, which is 20.8% of household income. Homeowners with a mortgage pay $1,375 a month in housing costs.
Faulkton median household income
The median household income in Faulkton is $63,750 and the income per person is $32,606. 13.4% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Faulkton: homes for sale and rent
- Housing units
- 398
- Owner-occupied
- 57.5%
- Renter-occupied
- 42.5%
- Vacant
- 26.1%Includes seasonal homes
- Median year built
- 1967
- Average household size
- 2.03
Faulkton demographics
- Population
- 670
- Median age
- 37.5
- Under 18
- 24.6%
- 65 and older
- 26.1%
- Households
- 294
- Foreign-born
- 0%
- Veterans
- 9.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Faulkton ›
Education in Faulkton
22.3% of adults 25 and older in Faulkton have a bachelor's degree or higher (South Dakota: 31.9%), and 7.6% have a graduate or professional degree.
Jobs and commute in Faulkton
- Unemployment rate
- 15.2%State: 2.9%
- Average commute
- 16 minState: 18 min
- Work from home
- 1.8%
- Drive alone
- 80.2%
- Public transit
- 0.7%
- Walk to work
- 4.8%
- Homes with broadband
- 75.9%
Faulkton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Faulkton | 670 | $63,750 | $99,600 | $902 |
| Cresbard | 122 | $41,875 | — | — |
| Northville | 153 | $105,000 | $150,000 | — |
| Ipswich | 1,048 | $74,167 | $164,700 | $1,053 |
| Roscoe | 316 | $38,750 | $74,000 | — |
More for people moving to Faulkton
Faulkton ZIP code ›Weather and climate ›Living in Faulkton: FAQ
What is the median household income in Faulkton, SD?
The median household income in Faulkton is $63,750, 15% 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 Faulkton?
The median home value in Faulkton is $99,600, compared with $257,400 in South Dakota.
How much is rent in Faulkton?
The median gross rent in Faulkton is $902 per month, about 20.8% of household income.
Is Faulkton, SD a good place to live?
Pluses: home values 61% lower than the state median; an average commute of 16 minutes. Minuses: median household income 15% lower than the South Dakota median; unemployment of 15.2%; a poverty rate of 13.4%.
What is the median age in Faulkton?
The median age in Faulkton is 37.5 years (South Dakota: 38).
How long is the commute in Faulkton?
The average commute to work in Faulkton is 16 minutes; 1.8% of workers work from home.
What is the unemployment rate in Faulkton?
The unemployment rate in Faulkton is 15.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Faulkton?
22.3% of adults in Faulkton 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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