Bon Homme County, South Dakota Income Statistics
Bon Homme County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Bon Homme County Well below averageLess wealthy than 86% of counties in South Dakota
Source: Map AI Methodology
Income Statistics Overview
| Metric | Bon Homme County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,720 | $75,087 | $80,455 |
| Median Personal Income | $46,292 | $53,860 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.6% | 4.8% |
| Six-Figure Earners | 5.2% | 10.1% | 13.9% |
| $200k+ Households | 4.0% | 8.1% | 13.2% |
The median household income in Bon Homme County is about 14% lower than in South Dakota. Income has been growing slower in Bon Homme County (3.9%/yr) than in South Dakota (4.6%/yr).
About 5% of adults in Bon Homme County earn six figures ($100,000 or more) a year, lower than the South Dakota average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Bon Homme County, South Dakota grew by 65.8% from 2009 to 2024, reaching $64,720 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Bon Homme County
| Metric | Bon Homme County | South Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.564 | 0.504 | 0.552 |
| Male Median Income | $53,631 | $62,990 | $69,667 |
| Female Median Income | $43,838 | $50,603 | $56,850 |
| Gender Pay Gap | 18.3% | 19.7% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Bon Homme County, it is 0.564, higher than South Dakota's 0.504, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 22% more than women's income in Bon Homme County, South Dakota. Over a 35-year career, a 22% wage gap accumulates to roughly $342,755 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bon Homme County, South Dakota has narrowed from about 20% to 18% in 2024. Over that period the gap was widest at 21% in 2023, and was narrowest at 13% in 2016. In dollar terms, the gap has widened by $3,168 since 2009.
Employment
| Metric | Bon Homme County | South Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.2% | 2.9% | 5.2% |
| Working from Home | 7.4% | 9.7% | 15.0% |
| Commute time (minutes) | 17 | 15 | 22 |
Approximately 62 people are unemployed in Bon Homme County, South Dakota.
The average commute time in Bon Homme County is 17 minutes, longer than the 15 minutes in South Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bon Homme County, South Dakota has risen from 1.9% to 2.2% in 2024. Over that period the rate peaked at 4.2% in 2020 and fell as low as 1.0% in 2015.
Bon Homme County, SD Wealth Compared With Nearby Counties
Bon Homme County, SD is typical in size for this group, 7,043 residents against a local median of 7,404, so the measures below are close to a like for like comparison. Bon Homme County, SD's unemployment, at 2.2%, runs 33% above the 1.6% typical of the counties around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 3.9%/yr against a local median of 5.3%/yr, 27% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Bon Homme County, SD reads weaker than its neighbours on all of them. The counties themselves spread 2.6% on unemployment, so Bon Homme County, SD sits at one end of an already wide local range rather than apart from it. Bon Homme County, SD has the 5th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Bon Homme County, SD | 7,043 | $64,720 #6/6 | 3.9%/yr #6/6 | 2.2% #5/6 | 0.564 #6/6 |
| Knox County, NE | 8,363 | $65,580 | 4.1%/yr | 3.6% | 0.511 |
| Hutchinson County, SD | 7,404 | $74,552 | 5.9%/yr | 1.6% | 0.497 |
| Yankton County, SD | 23,415 | $73,291 | 5.3%/yr | 1.4% | 0.497 |
| Douglas County, SD | 2,828 | $86,928 | 6.9%/yr | 1.0% | 0.487 |
| Hanson County, SD | 3,472 | $82,317 | 4.3%/yr | 1.8% | 0.500 |
Conclusion
Considering all these factors, Bon Homme County, South Dakota has an overall wealth index grade of D, making it somewhat worse than South Dakota, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bon Homme County, South Dakota.
How Rich Is Bon Homme County, South Dakota?
Bon Homme County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $64,720, about 14% lower than the South Dakota average of $75,087.
Are incomes growing in Bon Homme County, South Dakota?
Between 2009 and 2024, the median household income in Bon Homme County, South Dakota rose 66%, from $39,029 to $64,720. Over the same years, income here lagged behind South Dakota as a whole: +66% against +67%.
What was the median household income in Bon Homme County in 2023?
In 2023, the median household income in Bon Homme County, South Dakota was $61,547, up 7% from $57,540 in 2022. The South Dakota median that year was $72,558.
What was the median household income in Bon Homme County in 2020?
In 2020, the median household income in Bon Homme County, South Dakota was $50,224. By 2024 it had risen 29% to $64,720.
What is the Gini coefficient in Bon Homme County, South Dakota?
The Gini coefficient in Bon Homme County is 0.564. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Bon Homme County, South Dakota?
Since 2009, the income gap between men and women in Bon Homme County, South Dakota has narrowed from about 20% to 18% in 2024. Over that period the gap was widest at 21% in 2023, and was narrowest at 13% in 2016. In dollar terms, the gap has widened by $3,168 since 2009.
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