Living in Oacoma, South Dakota
Cost of living, income, home prices, rent and demographics of Oacoma · Census data 2020–2024
Oacoma has 548 residents with a median age of 40.2. The median household income is $73,333 (about the same as the South Dakota median), the median home value is $171,700, the median rent is $883/month.
Oacoma is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Oacoma at a glance
- Population
- 548
- Median age
- 40.2State: 38
- Median household income
- $73,333State: $75,081
- Median home value
- $171,700State: $257,400
- Median rent
- $883/moState: $946
- Homeowners
- 77.7%
- Bachelor's degree or higher
- 18.8%
- Average commute
- 15 min
Is Oacoma a good place to live?
Pros: Home values 33% lower than the state median; an average commute of 15 minutes; a poverty rate of 5.5%.
Cons: Median household income about the same as the South Dakota median; unemployment of 6.6%.
The weather is best in May–June and August–September.
Cost of living in Oacoma
Housing is the biggest part of the cost of living. In Oacoma the median home value is $171,700, 48% lower than the U.S. median. Renters pay a median of $883 per month, which is 19.4% of household income. Homeowners with a mortgage pay $1,448 a month in housing costs.
Oacoma median household income
The median household income in Oacoma is $73,333 and the income per person is $41,558. 5.5% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Oacoma: homes for sale and rent
- Housing units
- 288
- Owner-occupied
- 77.7%
- Renter-occupied
- 22.3%
- Vacant
- 16%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.26
Oacoma demographics
- Population
- 548
- Median age
- 40.2
- Under 18
- 25.4%
- 65 and older
- 26.6%
- Households
- 242
- Foreign-born
- 1.8%
- Veterans
- 11.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Oacoma ›
Education in Oacoma
18.8% of adults 25 and older in Oacoma have a bachelor's degree or higher (South Dakota: 31.9%), and 6.3% have a graduate or professional degree.
Jobs and commute in Oacoma
- Unemployment rate
- 6.6%State: 2.9%
- Average commute
- 15 minState: 18 min
- Work from home
- 6.1%
- Drive alone
- 74.3%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 88.8%
Oacoma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oacoma | 548 | $73,333 | $171,700 | $883 |
| Chamberlain | 2,588 | $76,761 | $224,300 | $818 |
| Pukwana | 300 | $63,750 | $100,000 | $1,063 |
| Reliance | 211 | $55,313 | $123,200 | — |
| Fort Thompson | 1,147 | $47,159 | $150,000 | $563 |
| Kimball | 457 | $52,917 | $152,800 | $814 |
| Lower Brule | 743 | $28,750 | $21,900 | $475 |
| West Brule | 471 | $37,917 | — | $529 |
| Kennebec | 296 | $74,896 | $155,700 | — |
More for people moving to Oacoma
Oacoma ZIP code ›Weather and climate ›Living in Oacoma: FAQ
What is the median household income in Oacoma, SD?
The median household income in Oacoma is $73,333, 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 Oacoma?
The median home value in Oacoma is $171,700, compared with $257,400 in South Dakota.
How much is rent in Oacoma?
The median gross rent in Oacoma is $883 per month, about 19.4% of household income.
Is Oacoma, SD a good place to live?
Pluses: home values 33% lower than the state median; an average commute of 15 minutes; a poverty rate of 5.5%. Minuses: median household income about the same as the South Dakota median; unemployment of 6.6%.
What is the median age in Oacoma?
The median age in Oacoma is 40.2 years (South Dakota: 38).
How long is the commute in Oacoma?
The average commute to work in Oacoma is 15 minutes; 6.1% of workers work from home.
What is the unemployment rate in Oacoma?
The unemployment rate in Oacoma is 6.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oacoma?
18.8% of adults in Oacoma 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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