Grant County, South Dakota Income Statistics
Grant 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.
-
B
Grant County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Grant County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $75,027 | $75,087 | $80,455 |
| Median Personal Income | $54,009 | $53,860 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.6% | 4.8% |
| Six-Figure Earners | 7.4% | 10.1% | 13.9% |
| $200k+ Households | 6.3% | 8.1% | 13.2% |
The median household income in Grant County is about the same as in South Dakota. Income has been growing slower in Grant County (4.4%/yr) than in South Dakota (4.6%/yr).
About 7% of adults in Grant 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 Grant County, South Dakota grew by 86.3% from 2009 to 2024, reaching $75,027 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Grant County
| Metric | Grant County | South Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.490 | 0.504 | 0.552 |
| Male Median Income | $64,090 | $62,990 | $69,667 |
| Female Median Income | $48,255 | $50,603 | $56,850 |
| Gender Pay Gap | 24.7% | 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 Grant 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.
Men's income is about 33% more than women's income in Grant County, South Dakota. Over a 35-year career, a 33% wage gap accumulates to roughly $554,225 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Grant County, South Dakota has narrowed from about 35% to 25% in 2024. Over that period the gap was widest at 36% in 2012, and was narrowest at 18% in 2020. In dollar terms, the gap has widened by $2,406 since 2009.
Employment
| Metric | Grant County | South Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.7% | 2.9% | 5.2% |
| Working from Home | 11.0% | 9.7% | 15.0% |
| Commute time (minutes) | 10 | 15 | 22 |
Approximately 116 people are unemployed in Grant County, South Dakota.
The average commute time in Grant County is 10 minutes, shorter than the 15 minutes in South Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Grant County, South Dakota has fallen from 3.4% to 2.7% in 2024. Over that period the rate peaked at 4.1% in 2015 and fell as low as 1.0% in 2018.
Grant County, SD Wealth Compared With Nearby Counties
Grant County, SD is typical in size for this group, 7,563 residents against a local median of 6,682, so the measures below are close to a like for like comparison. Where Grant County, SD breaks from the counties next to it is unemployment, sitting 38% above the local median of 2.0% at 2.7%. That is the weaker end of the local range on this measure.
The counties themselves spread 4.2% on unemployment, so Grant County, SD sits at one end of an already wide local range rather than apart from it. Grant 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. |
|---|---|---|---|---|---|
| Grant County, SD | 7,563 | $75,027 #2/6 | 4.4%/yr #5/6 | 2.7% #5/6 | 0.490 #3/6 |
| Deuel County, SD | 4,328 | $82,264 | 5.1%/yr | 2.1% | 0.489 |
| Big Stone County, MN | 5,126 | $69,402 | 4.9%/yr | 1.8% | 0.512 |
| Codington County, SD | 28,767 | $72,712 | 4.8%/yr | 1.9% | 0.464 |
| Roberts County, SD | 10,221 | $66,327 | 3.6%/yr | 6.0% | 0.531 |
| Lac qui Parle County, MN | 6,682 | $74,450 | 5.4%/yr | 2.0% | 0.494 |
Conclusion
Considering all these factors, Grant County, South Dakota has an overall wealth index grade of B, making it somewhat better than South Dakota, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Grant County, South Dakota.
How Rich Is Grant County, South Dakota?
Grant County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $75,027, close to the South Dakota average of $75,087.
Are incomes growing in Grant County, South Dakota?
Between 2009 and 2024, the median household income in Grant County, South Dakota rose 86%, from $40,282 to $75,027. Over the same years, income here outpaced South Dakota as a whole: +86% against +67%.
What was the median household income in Grant County in 2023?
In 2023, the median household income in Grant County, South Dakota was $73,313, up 5% from $70,103 in 2022. The South Dakota median that year was $72,558.
What was the median household income in Grant County in 2020?
In 2020, the median household income in Grant County, South Dakota was $63,927. By 2024 it had risen 17% to $75,027.
What is the Gini coefficient in Grant County, South Dakota?
The Gini coefficient in Grant 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 Grant County, South Dakota?
Since 2009, the income gap between men and women in Grant County, South Dakota has narrowed from about 35% to 25% in 2024. Over that period the gap was widest at 36% in 2012, and was narrowest at 18% in 2020. In dollar terms, the gap has widened by $2,406 since 2009.
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