Living in Wakonda, South Dakota
Cost of living, income, home prices, rent and demographics of Wakonda · Census data 2020–2024
Wakonda has 399 residents with a median age of 54.4. The median household income is $61,250 (18% lower than the South Dakota median), the median home value is $107,100, the median rent is $807/month.
Wakonda is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Wakonda at a glance
- Population
- 399
- Median age
- 54.4State: 38
- Median household income
- $61,250State: $75,081
- Median home value
- $107,100State: $257,400
- Median rent
- $807/moState: $946
- Homeowners
- 82.8%
- Bachelor's degree or higher
- 20.5%
- Average commute
- 23 min
Is Wakonda a good place to live?
Pros: Home values 58% lower than the state median.
Cons: Median household income 18% lower than the South Dakota median; an average commute of 23 minutes; a poverty rate of 20.1%.
The weather is best in June to September.
Cost of living in Wakonda
Housing is the biggest part of the cost of living. In Wakonda the median home value is $107,100, 68% lower than the U.S. median. Renters pay a median of $807 per month, which is 51% of household income. Homeowners with a mortgage pay $1,056 a month in housing costs.
Wakonda median household income
The median household income in Wakonda is $61,250 and the income per person is $29,359. 20.1% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Wakonda: homes for sale and rent
- Housing units
- 161
- Owner-occupied
- 82.8%
- Renter-occupied
- 17.2%
- Vacant
- 24.2%Includes seasonal homes
- Median year built
- 1944
- Average household size
- 2.65
Wakonda demographics
- Population
- 399
- Median age
- 54.4
- Under 18
- 21.8%
- 65 and older
- 36.1%
- Households
- 122
- Foreign-born
- 1%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Wakonda ›
Education in Wakonda
20.5% of adults 25 and older in Wakonda have a bachelor's degree or higher (South Dakota: 31.9%), and 9.4% have a graduate or professional degree.
Jobs and commute in Wakonda
- Unemployment rate
- 0%State: 2.9%
- Average commute
- 23 minState: 18 min
- Work from home
- 9.4%
- Drive alone
- 74%
- Public transit
- 0%
- Walk to work
- 6.3%
- Homes with broadband
- 86.9%
Wakonda vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wakonda | 399 | $61,250 | $107,100 | $807 |
| Volin | 139 | $112,557 | $115,600 | — |
| Irene | 456 | $66,563 | $87,300 | $756 |
| Gayville | 519 | $79,375 | $99,300 | $602 |
| Centerville | 903 | $54,318 | $161,200 | $485 |
| Mission Hill | 200 | $71,250 | $104,200 | $775 |
| Viborg | 958 | $51,944 | $156,700 | $711 |
| Yankton | 15,540 | $67,804 | $222,700 | $790 |
| Beresford | 2,360 | $78,793 | $234,400 | $914 |
More for people moving to Wakonda
Wakonda ZIP code ›Weather and climate ›Living in Wakonda: FAQ
What is the median household income in Wakonda, SD?
The median household income in Wakonda is $61,250, 18% 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 Wakonda?
The median home value in Wakonda is $107,100, compared with $257,400 in South Dakota.
How much is rent in Wakonda?
The median gross rent in Wakonda is $807 per month, about 51% of household income.
Is Wakonda, SD a good place to live?
Pluses: home values 58% lower than the state median. Minuses: median household income 18% lower than the South Dakota median; an average commute of 23 minutes; a poverty rate of 20.1%.
What is the median age in Wakonda?
The median age in Wakonda is 54.4 years (South Dakota: 38).
How long is the commute in Wakonda?
The average commute to work in Wakonda is 23 minutes; 9.4% of workers work from home.
What is the unemployment rate in Wakonda?
The unemployment rate in Wakonda is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wakonda?
20.5% of adults in Wakonda 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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