Rapid Valley, SD demographics:
population, income, and more
Rapid Valley population
How many people live in Rapid Valley
Rapid Valley is home to 6,975 residents, according to the most recent Census data. Gender-wise, 53.8% of Rapid Valley locals are male, and 46.2% are female.
Age demographics
The median age in Rapid Valley is 43, with the population distributed as follows: about 14.8% are children under 15, then 13.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 25% of the population, while another 28.5% fall into the 45 to 64 bracket. Finally, around 18.5% are 65 or older.
Racial makeup
In Rapid Valley, 93% of the population are US-born citizens, while 4.8% have gained naturalized citizenship. At the same time, 2.1% of residents are non-citizens. As for race, 76.6% of locals are Caucasian, 1.2% are African American and 3.6% have Asian roots. There’s also a share of 11.7% that includes residents with two or more races.
Households in Rapid Valley
A peek inside Rapid Valley households
Rapid Valley has 3,170 households, with an average of 2 members in each. Of these, 54.7% are families, while the remaining 45.3% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Rapid Valley
The housing landscape of Rapid Valley
Rapid Valley's housing consists of 3,192 units, with 80.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.5% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 11% of the housing landscape.
The age of buildings in Rapid Valley
In Rapid Valley, the median construction year is 1988. About 2.6% of homes were built before the 1940s, with another 6.4% going up by 1949. Most development happened in the second half of the 20th century. Then, 24.7% of homes were added from 2000 to 2009, 9.8% between 2010 and 2019, and 1.4% are part of the newest wave of development.
Rapid Valley occupancy rates
Out of the 3,170 occupied housing units in Rapid Valley, 92.3% are owner-occupied, while 7.7% are lived in by tenants. Meanwhile, 0.7% of all homes on the local market sit vacant.
Rapid Valley housing costs
Housing costs in Rapid Valley come to a median of $1,121 per month, while tenants specifically pay a median gross rent of $1,174.
Education in Rapid Valley
Rapid Valley education at a glance
About 33.9% of the population in Rapid Valley went to high school, while 23.6% pursued college studies. Another 20.4% earned an associate degree and 13.3% hold a bachelor’s. Meanwhile, 5.6% went even further, earning a master’s or doctorate.
Income in Rapid Valley
How much people earn in Rapid Valley
The average annual household income in Rapid Valley was $89,476 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +0.1% change from the previous year. At the same time, the median income stood at $83,208, reflecting a -2.4% shift over the same period.
Rapid Valley income by age
In Rapid Valley, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $92,721. Those with someone between 45 and 64 in charge, often well established professionally, earn $88,750 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $59,282, while those led by someone over 65, many of whom may be retired, have about $78,358 in earnings. Overall, 95.5% of the locals in this community live above the poverty line.
Average renter income in Rapid Valley
To get a better sense of what renters earn on average in Rapid Valley, their median household income was $45,313 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 31.1%, shows what portion of their earnings goes toward housing expenses.
Employment in Rapid Valley
Workforce and job types in Rapid Valley
The job market in Rapid Valley is powered by 3,868 working residents, spread across a range of industries and roles. 70.4% of the working population are employed in professional or administrative positions, while 29.6% are in hands-on or service-based jobs. Also, 7% run their own businesses, 63.9% are employed by private companies, and 17.4% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Rapid Valley stands at 4.3%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Rapid Valley
How people get around in Rapid Valley
Commuting methods vary: 85.8% of residents travel by personal vehicle and 1.9% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
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FAQs about Rapid Valley demographics
What is the total population of Rapid Valley?
What is the gender ratio in Rapid Valley?
- 53.8% males (3,750 residents)
- 46.2% females (3,225 residents)
What is the median age in Rapid Valley?
What is the age distribution of the population in Rapid Valley?
- Under 15: 14.8% (1,032 residents)
- Ages 15-24: 13.2% (923 residents)
- Ages 25-44: 25% (1,742 residents)
- Ages 45-64: 28.5% (1,986 residents)
- Over 65: 18.5% (1,292 residents)
What is the racial and ethnic makeup of Rapid Valley?
- White: 76.6% (5,345 residents)
- Black or African American: 1.2% (84 residents)
- American Indian and Alaska Native: 3.7% (257 residents)
- Asian: 3.6% (252 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 11.7% (815 residents)
- Other: 3.2% (222 residents)
What percentage of the population in Rapid Valley are U.S.-born citizens?
How many housing units are there in Rapid Valley?
How many households are in Rapid Valley and what is the average household size?
What is the median household income in Rapid Valley?
What is the employment rate and job market overview for Rapid Valley?
Job types:
- White-collar workers: 70.4% (2,721 residents)
- Blue-collar workers: 29.6% (1,147 residents)
Places of employment:
- Self-employed: 7% (272 residents)
- Private companies: 63.9% (2,473 residents)
- Governmental workers: 17.4% (671 residents)
- Not-for-profit companies: 11.7% (452 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.