Living in Letcher, South Dakota
Cost of living, income, home prices, rent and demographics of Letcher · Census data 2020–2024
Letcher has 171 residents with a median age of 38.4. The median household income is $81,042 (8% higher than the South Dakota median), the median home value is $102,100, the median rent is $725/month.
Letcher is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Letcher at a glance
- Population
- 171
- Median age
- 38.4State: 38
- Median household income
- $81,042State: $75,081
- Median home value
- $102,100State: $257,400
- Median rent
- $725/moState: $946
- Homeowners
- 80%
- Bachelor's degree or higher
- 17.9%
- Average commute
- 21 min
Is Letcher a good place to live?
Pros: Median household income 8% higher than the South Dakota median; home values 60% lower than the state median; unemployment of 2.2%.
Cons: An average commute of 21 minutes; a poverty rate of 24%.
The weather is best in June to September.
Cost of living in Letcher
Housing is the biggest part of the cost of living. In Letcher the median home value is $102,100, 69% lower than the U.S. median. Renters pay a median of $725 per month, which is 51% of household income. Homeowners with a mortgage pay $1,500 a month in housing costs.
Letcher median household income
The median household income in Letcher is $81,042 and the income per person is $31,379. 24% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Letcher: homes for sale and rent
- Housing units
- 86
- Owner-occupied
- 80%
- Renter-occupied
- 20%
- Vacant
- 12.8%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.28
Letcher demographics
- Population
- 171
- Median age
- 38.4
- Under 18
- 29.2%
- 65 and older
- 16.4%
- Households
- 75
- Foreign-born
- 0%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Letcher ›
Education in Letcher
17.9% of adults 25 and older in Letcher have a bachelor's degree or higher (South Dakota: 31.9%), and 3.6% have a graduate or professional degree.
Jobs and commute in Letcher
- Unemployment rate
- 2.2%State: 2.9%
- Average commute
- 21 minState: 18 min
- Work from home
- 6.6%
- Drive alone
- 70.3%
- Public transit
- 0%
- Walk to work
- 5.5%
- Homes with broadband
- 86.7%
Letcher vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Letcher | 171 | $81,042 | $102,100 | $725 |
| Forestburg | 113 | $125,083 | — | — |
| Woonsocket | 759 | $56,765 | $80,800 | $664 |
| Mitchell | 15,649 | $58,620 | $192,200 | $851 |
| Artesian | 148 | $61,806 | $87,500 | $783 |
| Mount Vernon | 442 | $60,357 | $164,400 | $386 |
| Plankinton | 603 | $74,833 | $114,800 | $970 |
| Alpena | 317 | $66,667 | $51,800 | $925 |
More for people moving to Letcher
Letcher ZIP code ›Weather and climate ›Living in Letcher: FAQ
What is the median household income in Letcher, SD?
The median household income in Letcher is $81,042, 8% 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 Letcher?
The median home value in Letcher is $102,100, compared with $257,400 in South Dakota.
How much is rent in Letcher?
The median gross rent in Letcher is $725 per month, about 51% of household income.
Is Letcher, SD a good place to live?
Pluses: median household income 8% higher than the South Dakota median; home values 60% lower than the state median; unemployment of 2.2%. Minuses: an average commute of 21 minutes; a poverty rate of 24%.
What is the median age in Letcher?
The median age in Letcher is 38.4 years (South Dakota: 38).
How long is the commute in Letcher?
The average commute to work in Letcher is 21 minutes; 6.6% of workers work from home.
What is the unemployment rate in Letcher?
The unemployment rate in Letcher is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Letcher?
17.9% of adults in Letcher 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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