Spearfish, SD demographics:
population, income, and more
Spearfish population
How many people live in Spearfish
Spearfish is home to 12,930 residents, according to the most recent Census data. Gender-wise, 48.1% of Spearfish locals are male, and 51.9% are female.
Age demographics
The median age in Spearfish is 40, with the population distributed as follows: about 15.3% are children under 15, then 17.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.4% of the population, while another 22.4% fall into the 45 to 64 bracket. Finally, around 20.7% are 65 or older.
Racial makeup
In Spearfish, 97.2% of the population are US-born citizens, while 1.9% have gained naturalized citizenship. At the same time, 0.9% of residents are non-citizens. As for race, 88.5% of locals are Caucasian, 0.5% are African American and 0.6% have Asian roots. Another 3.5% are Indigenous American, 0.2% are Pacific Islanders, while 1.6% identify as another race. There’s also a share of 5.1% that includes residents with two or more races.
Households in Spearfish
A peek inside Spearfish households
Spearfish has 5,932 households, with an average of 2 members in each. Of these, 45% are families, while the remaining 55% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Spearfish
The housing landscape of Spearfish
Spearfish's housing consists of 6,494 units, with 43.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 9.6% 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 9.9% of the housing landscape.
The age of buildings in Spearfish
In Spearfish, the median construction year is 1992. About 10.2% of homes were built before the 1940s, with another 0.6% going up by 1949. Most development happened in the second half of the 20th century. Then, 17.8% of homes were added from 2000 to 2009, 19.1% between 2010 and 2019, and 2.9% are part of the newest wave of development.
Spearfish occupancy rates
Out of the 5,932 occupied housing units in Spearfish, 49.6% are owner-occupied, while 50.4% are lived in by tenants. Meanwhile, 8.7% of all homes on the local market sit vacant.
Spearfish housing costs
Housing costs in Spearfish come to a median of $1,010 per month, while tenants specifically pay a median gross rent of $963.
Education in Spearfish
Spearfish education at a glance
About 29% of the population in Spearfish went to high school, while 26.6% pursued college studies. Another 8.6% earned an associate degree and 21.2% hold a bachelor’s. Meanwhile, 13.5% went even further, earning a master’s or doctorate.
Income in Spearfish
How much people earn in Spearfish
The average annual household income in Spearfish was $89,843 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +3.7% change from the previous year. At the same time, the median income stood at $65,688, reflecting a +10% shift over the same period.
Spearfish income by age
In Spearfish, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $65,436. Those with someone between 45 and 64 in charge, often well established professionally, earn $87,921 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $36,979, while those led by someone over 65, many of whom may be retired, have about $57,813 in earnings. Overall, 85.2% of the locals in this community live above the poverty line.
Average renter income in Spearfish
To get a better sense of what renters earn on average in Spearfish, their median household income was $44,700 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 25.9%, shows what portion of their earnings goes toward housing expenses.
Employment in Spearfish
Workforce and job types in Spearfish
The job market in Spearfish is powered by 6,868 working residents, spread across a range of industries and roles. 82.4% of the working population are employed in professional or administrative positions, while 17.6% are in hands-on or service-based jobs. Also, 9.5% run their own businesses, 63.9% are employed by private companies, and 17.3% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Spearfish stands at 2.2%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Spearfish
How people get around in Spearfish
Commuting methods vary: 84.3% of residents travel by personal vehicle and 7.3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Spearfish by zipcode?
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FAQs about Spearfish demographics
What is the total population of Spearfish?
What is the gender ratio in Spearfish?
- 48.1% males (6,224 residents)
- 51.9% females (6,706 residents)
What is the median age in Spearfish?
What is the age distribution of the population in Spearfish?
- Under 15: 15.3% (1,975 residents)
- Ages 15-24: 17.3% (2,232 residents)
- Ages 25-44: 24.4% (3,157 residents)
- Ages 45-64: 22.4% (2,890 residents)
- Over 65: 20.7% (2,676 residents)
What is the racial and ethnic makeup of Spearfish?
- White: 88.5% (11,439 residents)
- Black or African American: 0.5% (63 residents)
- American Indian and Alaska Native: 3.5% (455 residents)
- Asian: 0.6% (76 residents)
- Native Hawaiian and Other Pacific Islander: 0.2% (22 residents)
- Two or More Races: 5.1% (662 residents)
- Other: 1.6% (213 residents)
What percentage of the population in Spearfish are U.S.-born citizens?
How many housing units are there in Spearfish?
How many households are in Spearfish and what is the average household size?
What is the median household income in Spearfish?
What is the employment rate and job market overview for Spearfish?
Job types:
- White-collar workers: 82.4% (5,657 residents)
- Blue-collar workers: 17.6% (1,211 residents)
Places of employment:
- Self-employed: 9.5% (653 residents)
- Private companies: 63.9% (4,389 residents)
- Governmental workers: 17.3% (1,188 residents)
- Not-for-profit companies: 9.3% (638 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.