Haakon County, South Dakota Income Statistics

Haakon 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.

  • C
    Haakon County Below average
    Less wealthy than 75% of counties in South Dakota

Source: Map AI Methodology

Haakon County
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Wealth grade

Income Statistics Overview

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Metric Haakon County South Dakota Avg US Average
Median Household Income $66,445 $75,087 $80,455
Median Personal Income $50,832 $53,860 $60,758
Average Yearly Income Growth 7.1% 4.6% 4.8%
Six-Figure Earners 8.3% 10.1% 13.9%
$200k+ Households 6.4% 8.1% 13.2%

The median household income in Haakon County is about 12% lower than in South Dakota. Income has been growing faster in Haakon County (7.1%/yr) than in South Dakota (4.6%/yr).

About 8% of adults in Haakon 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

Haakon County
United States

Median household income in Haakon County, South Dakota grew by 37.5% from 2009 to 2024, reaching $66,445 in 2024. That's an average of about 7.1% per year.

Haakon County has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has widened from 5.5% in 2009, the closest it has been, to 17% in 2024.

Year Haakon County United States

Income Distribution in Haakon County

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Haakon County
United States

Income range calculator

About 212 households (30.9% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 21.3% of households in Haakon County had an income under $35,000 and 19.8% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Haakon County has a larger share of households earning $50,000 to $74,999 (26.6% vs 15.5%) and a smaller share earning $200,000 or more (6.4% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 44 6.4% 5.1%
$10,000 to $14,999 7 1.0% 3.5%
$15,000 to $24,999 42 6.1% 6.4%
$25,000 to $34,999 53 7.7% 6.7%
$35,000 to $49,999 51 7.4% 10.1%
$50,000 to $74,999 183 26.6% 15.5%
$75,000 to $99,999 95 13.8% 12.6%
$100,000 to $149,999 76 11.1% 17.4%
$150,000 to $199,999 92 13.4% 9.5%
$200,000 or more 44 6.4% 13.2%

Shares are of all 687 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Haakon County

Metric Haakon County South Dakota Avg US Average
Gini Coefficient 0.499 0.504 0.552
Male Median Income $59,454 $62,990 $69,667
Female Median Income $48,528 $50,603 $56,850
Gender Pay Gap 18.4% 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 Haakon County, it is 0.499, about the same as South Dakota's 0.504, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 23% more than women's income in Haakon County, South Dakota. Over a 35-year career, a 23% wage gap accumulates to roughly $382,410 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Haakon County, South Dakota has narrowed from about 46% to 18% in 2024. Over that period the gap in 2019 women out-earned men by 5%. In dollar terms, the gap has narrowed by $8,196 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Haakon County South Dakota Avg US Average
Unemployment Rate 1.0% 2.9% 5.2%
Working from Home 14.2% 9.7% 15.0%
Commute time (minutes) 8 15 22

The average commute time in Haakon County is 8 minutes, shorter than the 15 minutes in South Dakota.

Unemployment Rate Over Time

Haakon County
United States

Since 2011, the unemployment rate in Haakon County, South Dakota has fallen from 2.4% to 1.0% in 2024. Over that period the rate peaked at 3.2% in 2014 and fell as low as 1.0% in 2021.

Haakon County has been far below the U.S. unemployment rate in every year from 2011 to 2024. Even at its closest, in 2018, its rate was 3.3 points lower. The gap has narrowed from 6.2 points in 2011 to 4.2 points in 2024.

Year Haakon County United States

Haakon County, SD Wealth Compared With Nearby Counties

Haakon County, SD is the 5th largest of the 6 counties compared here, 1,722 residents against a local median of 2,377. Haakon County, SD's unemployment, at 1.0%, runs 86% below the 7.2% typical of the counties around it. That is the better end of the local range on this measure.

Income growth tells the same story from another angle: 7.1%/yr against a local median of 4.6%/yr, 54% above it. Every measure here with a clear better direction points the same way, so Haakon County, SD is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 19.0% on unemployment, so Haakon County, SD sits at one end of an already wide local range rather than apart from it. Haakon County, SD has the 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.
Haakon County, SD 1,722 $66,445 #2/6 7.1%/yr #2/6 1.0% #1/6 0.499 #3/6
Jackson County, SD 2,802 $35,400 -1.2%/yr 7.2% 0.684
Ziebach County, SD 2,377 $52,273 4.6%/yr 20.0% 0.635
Stanley County, SD 3,015 $80,929 4.0%/yr 1.0% 0.444
Jones County, SD 1,004 $64,091 6.6%/yr 2.1% 0.470
Mellette County, SD 1,943 $52,654 7.8%/yr 12.5% 0.618

Conclusion

Considering all these factors, Haakon 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 Haakon County, South Dakota.

How Rich Is Haakon County, South Dakota?

Haakon 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 $66,445, about 12% lower than the South Dakota average of $75,087.

How has median household income changed in Haakon County, South Dakota?

Between 2009 and 2024, the median household income in Haakon County, South Dakota rose 37%, from $48,333 to $66,445. Over the same years, income here lagged behind South Dakota as a whole: +37% against +67%.

What was the median household income in Haakon County in 2023?

In 2023, the median household income in Haakon County, South Dakota was $59,639, up 12% from $53,376 in 2022. The South Dakota median that year was $72,558.

What was the median household income in Haakon County in 2020?

In 2020, the median household income in Haakon County, South Dakota was $40,686. By 2024 it had risen 63% to $66,445.

How strong is the job market in Haakon County, South Dakota?

Unemployment in Haakon County, South Dakota is only 1.0%, well below the South Dakota rate of 2.9%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Haakon County, South Dakota?

The Gini coefficient in Haakon County is 0.499. 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 Haakon County, South Dakota?

Since 2009, the income gap between men and women in Haakon County, South Dakota has narrowed from about 46% to 18% in 2024. Over that period the gap in 2019 women out-earned men by 5%. In dollar terms, the gap has narrowed by $8,196 since 2009.

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