Living in Keystone, South Dakota

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

Keystone has 336 residents with a median age of 38.1. The median household income is $64,702 (14% lower than the South Dakota median), the median home value is $263,900, the median rent is $546/month.

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

Keystone at a glance

Population
336
Median age
38.1State: 38
Median household income
$64,702State: $75,081
Median home value
$263,900State: $257,400
Median rent
$546/moState: $946
Homeowners
70.1%
Bachelor's degree or higher
13.5%
Average commute
33 min

Is Keystone a good place to live?

Pros: A poverty rate of 6.8%.

Cons: Median household income 14% lower than the South Dakota median; home values about the same as the state median; an average commute of 33 minutes; unemployment of 7.8%.

The weather is best in June to September.

Cost of living in Keystone

Housing is the biggest part of the cost of living. In Keystone the median home value is $263,900, 21% lower than the U.S. median. Renters pay a median of $546 per month, which is 21.3% of household income. Homeowners with a mortgage pay $1,719 a month in housing costs.

Median home value

Keystone$263,900
South Dakota$257,400
United States$332,700

Median monthly rent

Keystone$546
South Dakota$946
United States$1,413

Keystone median household income

The median household income in Keystone is $64,702 and the income per person is $32,157. 6.8% of residents live below the poverty line (South Dakota: 11.9%).

Median household income

Keystone$64,702
South Dakota$75,081
United States$80,734

Housing in Keystone: homes for sale and rent

Housing units
232
Owner-occupied
70.1%
Renter-occupied
29.9%
Vacant
53.9%Includes seasonal homes
Median year built
1977
Average household size
3.12

53.9% of homes are vacant most of the year, a sign that Keystone has many vacation and second homes.

Keystone demographics

Population
336
Median age
38.1
Under 18
29.2%
65 and older
13.4%
Households
107
Foreign-born
9.5%
Veterans
10.1%Adults 18+

Race and ethnicity

White84.5%
Hispanic or Latino23.8%
Black0%
Asian0.6%

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

Education in Keystone

13.5% of adults 25 and older in Keystone 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

Keystone13.5%
South Dakota31.9%
United States35.7%

Jobs and commute in Keystone

Unemployment rate
7.8%State: 2.9%
Average commute
33 minState: 18 min
Work from home
3.9%
Drive alone
66.3%
Public transit
0%
Walk to work
19.7%
Homes with broadband
88.8%

Keystone vs nearby towns

TownPopulationMedian incomeHome valueRent
Keystone336$64,702$263,900$546
Hill City834$95,385$286,200$1,345
Colonial Pine Hills2,609$98,696$406,500—
Custer2,341$78,369$235,600$968
Hermosa353$53,203$148,800$1,264
Johnson Siding704$102,716$471,700—
Rapid City77,946$70,870$299,400$1,109
Blackhawk2,934$71,993$273,300—
Green Valley1,642$81,582$280,300—

More for people moving to Keystone

Keystone ZIP code ›Weather and climate ›

Living in Keystone: FAQ

What is the median household income in Keystone, SD?

The median household income in Keystone is $64,702, 14% 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 Keystone?

The median home value in Keystone is $263,900, compared with $257,400 in South Dakota.

How much is rent in Keystone?

The median gross rent in Keystone is $546 per month, about 21.3% of household income.

Is Keystone, SD a good place to live?

Pluses: a poverty rate of 6.8%. Minuses: median household income 14% lower than the South Dakota median; home values about the same as the state median; an average commute of 33 minutes; unemployment of 7.8%.

What is the median age in Keystone?

The median age in Keystone is 38.1 years (South Dakota: 38).

How long is the commute in Keystone?

The average commute to work in Keystone is 33 minutes; 3.9% of workers work from home.

What is the unemployment rate in Keystone?

The unemployment rate in Keystone is 7.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Keystone?

13.5% of adults in Keystone 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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