Living in Frederick, South Dakota

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

Frederick has 160 residents with a median age of 52.8. The median household income is $76,667 (about the same as the South Dakota median), the median home value is $85,000, the median rent is $755/month.

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

Frederick at a glance

Population
160
Median age
52.8State: 38
Median household income
$76,667State: $75,081
Median home value
$85,000State: $257,400
Median rent
$755/moState: $946
Homeowners
81.7%
Bachelor's degree or higher
28.9%
Average commute
19 min

Is Frederick a good place to live?

Pros: Median household income about the same as the South Dakota median; home values 67% lower than the state median; unemployment of 2.7%; a poverty rate of 11.3%.

Cons: An average commute of 19 minutes.

The weather is best in June to September.

Cost of living in Frederick

Housing is the biggest part of the cost of living. In Frederick the median home value is $85,000, 74% lower than the U.S. median. Renters pay a median of $755 per month, which is 19.2% of household income. Homeowners with a mortgage pay $1,175 a month in housing costs.

Median home value

Frederick$85,000
South Dakota$257,400
United States$332,700

Median monthly rent

Frederick$755
South Dakota$946
United States$1,413

Frederick median household income

The median household income in Frederick is $76,667 and the income per person is $37,968. 11.3% of residents live below the poverty line (South Dakota: 11.9%).

Median household income

Frederick$76,667
South Dakota$75,081
United States$80,734

Housing in Frederick: homes for sale and rent

Housing units
94
Owner-occupied
81.7%
Renter-occupied
18.3%
Vacant
12.8%Includes seasonal homes
Median year built
1953
Average household size
1.95

Frederick demographics

Population
160
Median age
52.8
Under 18
13.1%
65 and older
38.8%
Households
82
Foreign-born
1.9%
Veterans
19.4%Adults 18+

Race and ethnicity

White98.1%
Hispanic or Latino0%
Black0%
Asian1.3%

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

Education in Frederick

28.9% of adults 25 and older in Frederick have a bachelor's degree or higher (South Dakota: 31.9%), and 8.9% have a graduate or professional degree.

Bachelor's degree or higher

Frederick28.9%
South Dakota31.9%
United States35.7%

Jobs and commute in Frederick

Unemployment rate
2.7%State: 2.9%
Average commute
19 minState: 18 min
Work from home
0%
Drive alone
91.5%
Public transit
0%
Walk to work
8.5%
Homes with broadband
90.2%

Frederick vs nearby towns

TownPopulationMedian incomeHome valueRent
Frederick160$76,667$85,000$755
Ellendale1,033$54,643$116,100$757
Columbia161$58,295$96,500—
Leola381$71,250$65,400$843
Prairiewood Village474$160,625$476,700—

More for people moving to Frederick

Frederick ZIP code ›Weather and climate ›

Living in Frederick: FAQ

What is the median household income in Frederick, SD?

The median household income in Frederick is $76,667, about the same as 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 Frederick?

The median home value in Frederick is $85,000, compared with $257,400 in South Dakota.

How much is rent in Frederick?

The median gross rent in Frederick is $755 per month, about 19.2% of household income.

Is Frederick, SD a good place to live?

Pluses: median household income about the same as the South Dakota median; home values 67% lower than the state median; unemployment of 2.7%; a poverty rate of 11.3%. Minuses: an average commute of 19 minutes.

What is the median age in Frederick?

The median age in Frederick is 52.8 years (South Dakota: 38).

How long is the commute in Frederick?

The average commute to work in Frederick is 19 minutes; 0% of workers work from home.

What is the unemployment rate in Frederick?

The unemployment rate in Frederick is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Frederick?

28.9% of adults in Frederick 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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