Fall River County, South Dakota Income Statistics
Fall River 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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C
Fall River County Below averageLess wealthy than 80% of counties in South Dakota
Source: Map AI Methodology
Income Statistics Overview
| Metric | Fall River County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,318 | $75,087 | $80,455 |
| Median Personal Income | $56,630 | $53,860 | $60,758 |
| Average Yearly Income Growth | 5.7% | 4.6% | 4.8% |
| Six-Figure Earners | 6.1% | 10.1% | 13.9% |
| $200k+ Households | 3.6% | 8.1% | 13.2% |
The median household income in Fall River County is about 6% lower than in South Dakota. Income has been growing faster in Fall River County (5.7%/yr) than in South Dakota (4.6%/yr).
About 6% of adults in Fall River 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 Fall River County, South Dakota grew by 83.5% from 2009 to 2024, reaching $70,318 in 2024. That's an average of about 5.7% per year.
Income Inequality and the Gender Pay Gap in Fall River County
| Metric | Fall River County | South Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.490 | 0.504 | 0.552 |
| Male Median Income | $56,874 | $62,990 | $69,667 |
| Female Median Income | $61,122 | $50,603 | $56,850 |
| Gender Pay Gap | -7.5% | 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 Fall River County, it is 0.490, lower than South Dakota's 0.504, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Women's income is about 7% more than men's income in Fall River County, South Dakota. Over a 35-year career, a 7% wage gap accumulates to roughly $148,680 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Fall River County, South Dakota has widened from about 6% to -7% in 2024. Over that period the gap was widest at 31% in 2019, and in 2023 women out-earned men by 36%. In dollar terms, the gap has narrowed by $6,489 since 2009.
Employment
| Metric | Fall River County | South Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.5% | 2.9% | 5.2% |
| Working from Home | 9.7% | 9.7% | 15.0% |
| Commute time (minutes) | 10 | 15 | 22 |
Approximately 81 people are unemployed in Fall River County, South Dakota.
The average commute time in Fall River County is 10 minutes, shorter than the 15 minutes in South Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Fall River County, South Dakota has fallen from 6.4% to 2.5% in 2024. Over that period the rate peaked at 6.9% in 2012 and fell as low as 1.8% in 2018.
Fall River County, SD Wealth Compared With Nearby Counties
Fall River County, SD is typical in size for this group, 7,258 residents against a local median of 8,140, so the measures below are close to a like for like comparison. Fall River County, SD's median household income, at $70,318, runs 25% above the $56,404 typical of the counties around it. That is the better end of the local range on this measure.
The counties themselves spread $42,989 on median household income, so Fall River County, SD sits at one end of an already wide local range rather than apart from it. Fall River County, SD has the 2nd highest median household income 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. |
|---|---|---|---|---|---|
| Fall River County, SD | 7,258 | $70,318 #2/6 | 5.7%/yr #3/6 | 2.5% #5/6 | 0.490 #2/6 |
| Custer County, SD | 8,892 | $83,495 | 6.1%/yr | 2.3% | 0.487 |
| Dawes County, NE | 8,140 | $55,690 | 3.5%/yr | 1.6% | 0.532 |
| Sioux County, NE | 1,171 | $56,404 | 2.7%/yr | 1.8% | 0.544 |
| Niobrara County, WY | 2,368 | $62,579 | 6.1%/yr | 2.5% | 0.518 |
| Oglala Lakota County, SD | 13,491 | $40,506 | 5.5%/yr | 15.9% | 0.742 |
Conclusion
Considering all these factors, Fall River County, South Dakota has an overall wealth index grade of C, making it about on par with South Dakota, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Fall River County, South Dakota.
How Rich Is Fall River County, South Dakota?
Fall River County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $70,318, about 6% lower than the South Dakota average of $75,087.
How has median household income changed in Fall River County, South Dakota?
Between 2009 and 2024, the median household income in Fall River County, South Dakota rose 83%, from $38,326 to $70,318. Over the same years, income here outpaced South Dakota as a whole: +83% against +67%.
What was the median household income in Fall River County in 2023?
In 2023, the median household income in Fall River County, South Dakota was $60,977, up 10% from $55,383 in 2022. The South Dakota median that year was $72,558.
What was the median household income in Fall River County in 2020?
In 2020, the median household income in Fall River County, South Dakota was $51,040. By 2024 it had risen 38% to $70,318.
What is the Gini coefficient in Fall River County, South Dakota?
The Gini coefficient in Fall River County is 0.490. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Fall River County, South Dakota?
Since 2009, the income gap between men and women in Fall River County, South Dakota has widened from about 6% to -7% in 2024. Over that period the gap was widest at 31% in 2019, and in 2023 women out-earned men by 36%. In dollar terms, the gap has narrowed by $6,489 since 2009.
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