Living in Platte, South Dakota
Cost of living, income, home prices, rent and demographics of Platte · Census data 2020–2024
Platte has 1,161 residents with a median age of 35.6. The median household income is $72,700 (3% lower than the South Dakota median), the median home value is $179,200, the median rent is $832/month.
Platte is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Platte at a glance
- Population
- 1,161
- Median age
- 35.6State: 38
- Median household income
- $72,700State: $75,081
- Median home value
- $179,200State: $257,400
- Median rent
- $832/moState: $946
- Homeowners
- 70.7%
- Bachelor's degree or higher
- 22.4%
- Average commute
- 8 min
Is Platte a good place to live?
Pros: Home values 30% lower than the state median; an average commute of 8 minutes; unemployment of 1%.
Cons: Median household income 3% lower than the South Dakota median; a poverty rate of 14.7%.
The weather is best in June to September.
Cost of living in Platte
Housing is the biggest part of the cost of living. In Platte the median home value is $179,200, 46% lower than the U.S. median. Renters pay a median of $832 per month, which is 18.2% of household income. Homeowners with a mortgage pay $1,316 a month in housing costs.
Platte median household income
The median household income in Platte is $72,700 and the income per person is $37,968. 14.7% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Platte: homes for sale and rent
- Housing units
- 596
- Owner-occupied
- 70.7%
- Renter-occupied
- 29.3%
- Vacant
- 14.8%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.18
Platte demographics
- Population
- 1,161
- Median age
- 35.6
- Under 18
- 24.6%
- 65 and older
- 19.3%
- Households
- 508
- Foreign-born
- 1%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Platte ›
Education in Platte
22.4% of adults 25 and older in Platte have a bachelor's degree or higher (South Dakota: 31.9%), and 4.5% have a graduate or professional degree.
Jobs and commute in Platte
- Unemployment rate
- 1%State: 2.9%
- Average commute
- 8 minState: 18 min
- Work from home
- 8.2%
- Drive alone
- 77.5%
- Public transit
- 0%
- Walk to work
- 5.7%
- Homes with broadband
- 86.2%
Platte vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Platte | 1,161 | $72,700 | $179,200 | $832 |
| Geddes | 158 | $60,000 | $88,100 | — |
| Bonesteel | 286 | $43,409 | $74,100 | $593 |
| Corsica | 699 | $59,250 | $162,500 | $805 |
| Lake Andes | 901 | $47,500 | $58,800 | $762 |
| White Lake | 469 | $48,889 | $62,900 | $667 |
More for people moving to Platte
Platte ZIP code ›Weather and climate ›Living in Platte: FAQ
What is the median household income in Platte, SD?
The median household income in Platte is $72,700, 3% 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 Platte?
The median home value in Platte is $179,200, compared with $257,400 in South Dakota.
How much is rent in Platte?
The median gross rent in Platte is $832 per month, about 18.2% of household income.
Is Platte, SD a good place to live?
Pluses: home values 30% lower than the state median; an average commute of 8 minutes; unemployment of 1%. Minuses: median household income 3% lower than the South Dakota median; a poverty rate of 14.7%.
What is the median age in Platte?
The median age in Platte is 35.6 years (South Dakota: 38).
How long is the commute in Platte?
The average commute to work in Platte is 8 minutes; 8.2% of workers work from home.
What is the unemployment rate in Platte?
The unemployment rate in Platte is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Platte?
22.4% of adults in Platte 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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