Living in Valley Springs, South Dakota
Cost of living, income, home prices, rent and demographics of Valley Springs · Census data 2020–2024
Valley Springs has 996 residents with a median age of 37. The median household income is $107,222 (43% higher than the South Dakota median), the median home value is $192,600, the median rent is $1,028/month.
Valley Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Valley Springs at a glance
- Population
- 996
- Median age
- 37State: 38
- Median household income
- $107,222State: $75,081
- Median home value
- $192,600State: $257,400
- Median rent
- $1,028/moState: $946
- Homeowners
- 81%
- Bachelor's degree or higher
- 17.6%
- Average commute
- 21 min
Is Valley Springs a good place to live?
Pros: Median household income 43% higher than the South Dakota median; home values 25% lower than the state median; a poverty rate of 8.8%.
Cons: An average commute of 21 minutes; unemployment of 4.2%.
The weather is best in June to September.
Cost of living in Valley Springs
Housing is the biggest part of the cost of living. In Valley Springs the median home value is $192,600, 42% lower than the U.S. median. Renters pay a median of $1,028 per month, which is 15% of household income. Homeowners with a mortgage pay $1,422 a month in housing costs.
Valley Springs median household income
The median household income in Valley Springs is $107,222 and the income per person is $45,629. 8.8% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Valley Springs: homes for sale and rent
- Housing units
- 372
- Owner-occupied
- 81%
- Renter-occupied
- 19%
- Vacant
- 2.2%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.74
Valley Springs demographics
- Population
- 996
- Median age
- 37
- Under 18
- 23.7%
- 65 and older
- 9%
- Households
- 364
- Foreign-born
- 0.6%
- Veterans
- 20.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Valley Springs ›
Education in Valley Springs
17.6% of adults 25 and older in Valley Springs have a bachelor's degree or higher (South Dakota: 31.9%), and 4.5% have a graduate or professional degree.
Jobs and commute in Valley Springs
- Unemployment rate
- 4.2%State: 2.9%
- Average commute
- 21 minState: 18 min
- Work from home
- 5.5%
- Drive alone
- 88%
- Public transit
- 1.3%
- Walk to work
- 1.3%
- Homes with broadband
- 95.3%
Valley Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Valley Springs | 996 | $107,222 | $192,600 | $1,028 |
| Beaver Creek | 293 | $64,583 | $172,500 | $910 |
| Brandon | 10,996 | $110,806 | $336,600 | $976 |
| Hills | 748 | $78,631 | $197,200 | $965 |
| Anderson | 219 | $145,556 | $364,500 | — |
| Pine Lakes Addition | 282 | $170,795 | $616,100 | — |
| Larchwood | 1,136 | $67,188 | $215,600 | $867 |
| Garretson | 1,176 | $59,741 | $203,800 | $697 |
| Steen | 125 | $60,000 | $140,300 | $788 |
More for people moving to Valley Springs
Valley Springs ZIP code ›Weather and climate ›Living in Valley Springs: FAQ
What is the median household income in Valley Springs, SD?
The median household income in Valley Springs is $107,222, 43% 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 Valley Springs?
The median home value in Valley Springs is $192,600, compared with $257,400 in South Dakota.
How much is rent in Valley Springs?
The median gross rent in Valley Springs is $1,028 per month, about 15% of household income.
Is Valley Springs, SD a good place to live?
Pluses: median household income 43% higher than the South Dakota median; home values 25% lower than the state median; a poverty rate of 8.8%. Minuses: an average commute of 21 minutes; unemployment of 4.2%.
What is the median age in Valley Springs?
The median age in Valley Springs is 37 years (South Dakota: 38).
How long is the commute in Valley Springs?
The average commute to work in Valley Springs is 21 minutes; 5.5% of workers work from home.
What is the unemployment rate in Valley Springs?
The unemployment rate in Valley Springs is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Valley Springs?
17.6% of adults in Valley Springs 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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