Living in Summerset, South Dakota
Cost of living, income, home prices, rent and demographics of Summerset · Census data 2020–2024
Summerset has 3,022 residents with a median age of 35.1. The median household income is $119,271 (59% higher than the South Dakota median), the median home value is $368,300, the median rent is $1,288/month.
Summerset at a glance
- Population
- 3,022
- Median age
- 35.1State: 38
- Median household income
- $119,271State: $75,081
- Median home value
- $368,300State: $257,400
- Median rent
- $1,288/moState: $946
- Homeowners
- 78.7%
- Bachelor's degree or higher
- 38.4%
- Average commute
- 20 min
Is Summerset a good place to live?
Pros: Median household income 59% higher than the South Dakota median; unemployment of 2.2%; a poverty rate of 8.6%.
Cons: Home values 43% higher than the state median; an average commute of 20 minutes.
The weather is best in June to September.
Cost of living in Summerset
Housing is the biggest part of the cost of living. In Summerset the median home value is $368,300, 11% higher than the U.S. median. Renters pay a median of $1,288 per month, which is 32.3% of household income. Homeowners with a mortgage pay $2,062 a month in housing costs.
Summerset median household income
The median household income in Summerset is $119,271 and the income per person is $42,878. 8.6% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Summerset: homes for sale and rent
- Housing units
- 1,108
- Owner-occupied
- 78.7%
- Renter-occupied
- 21.3%
- Vacant
- 2.9%Includes seasonal homes
- Median year built
- 2007
- Average household size
- 2.81
Summerset demographics
- Population
- 3,022
- Median age
- 35.1
- Under 18
- 29.3%
- 65 and older
- 8.2%
- Households
- 1,076
- Foreign-born
- 1.7%
- Veterans
- 12.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Summerset ›
Education in Summerset
38.4% of adults 25 and older in Summerset have a bachelor's degree or higher (South Dakota: 31.9%), and 12.5% have a graduate or professional degree.
Jobs and commute in Summerset
- Unemployment rate
- 2.2%State: 2.9%
- Average commute
- 20 minState: 18 min
- Work from home
- 4.3%
- Drive alone
- 88.3%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 94.7%
Summerset vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Summerset | 3,022 | $119,271 | $368,300 | $1,288 |
| Wonderland Homes | 745 | $86,932 | $264,900 | — |
| Piedmont | 981 | $53,866 | $324,200 | $1,170 |
| Blackhawk | 2,934 | $71,993 | $273,300 | — |
| Johnson Siding | 704 | $102,716 | $471,700 | — |
| Rapid City | 77,946 | $70,870 | $299,400 | $1,109 |
| Ashland Heights | 1,105 | $57,353 | $219,600 | — |
| Colonial Pine Hills | 2,609 | $98,696 | $406,500 | — |
| Blucksberg Mountain | 692 | $89,500 | $328,900 | — |
More for people moving to Summerset
Summerset ZIP code ›Weather and climate ›Living in Summerset: FAQ
What is the median household income in Summerset, SD?
The median household income in Summerset is $119,271, 59% 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 Summerset?
The median home value in Summerset is $368,300, compared with $257,400 in South Dakota.
How much is rent in Summerset?
The median gross rent in Summerset is $1,288 per month, about 32.3% of household income.
Is Summerset, SD a good place to live?
Pluses: median household income 59% higher than the South Dakota median; unemployment of 2.2%; a poverty rate of 8.6%. Minuses: home values 43% higher than the state median; an average commute of 20 minutes.
What is the median age in Summerset?
The median age in Summerset is 35.1 years (South Dakota: 38).
How long is the commute in Summerset?
The average commute to work in Summerset is 20 minutes; 4.3% of workers work from home.
What is the unemployment rate in Summerset?
The unemployment rate in Summerset is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Summerset?
38.4% of adults in Summerset 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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