Hanson County, South Dakota Income Statistics
Hanson 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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B
Hanson County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hanson County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $82,317 | $75,087 | $80,455 |
| Median Personal Income | $52,391 | $53,860 | $60,758 |
| Average Yearly Income Growth | 4.3% | 4.6% | 4.8% |
| Six-Figure Earners | 8.8% | 10.1% | 13.9% |
| $200k+ Households | 7.4% | 8.1% | 13.2% |
The median household income in Hanson County is about 10% higher than in South Dakota. Income has been growing slower in Hanson County (4.3%/yr) than in South Dakota (4.6%/yr).
About 9% of adults in Hanson 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 Hanson County, South Dakota grew by 78.7% from 2009 to 2024, reaching $82,317 in 2024. That's an average of about 4.3% per year.
Income Inequality and the Gender Pay Gap in Hanson County
| Metric | Hanson County | South Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.500 | 0.504 | 0.552 |
| Male Median Income | $58,893 | $62,990 | $69,667 |
| Female Median Income | $50,499 | $50,603 | $56,850 |
| Gender Pay Gap | 14.3% | 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 Hanson County, it is 0.500, 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 17% more than women's income in Hanson County, South Dakota. Over a 35-year career, a 17% wage gap accumulates to roughly $293,790 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hanson County, South Dakota has narrowed from about 36% to 14% in 2024. Over that period the gap was widest at 38% in 2010. In dollar terms, the gap has narrowed by $5,022 since 2009.
Employment
| Metric | Hanson County | South Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.8% | 2.9% | 5.2% |
| Working from Home | 10.6% | 9.7% | 15.0% |
| Commute time (minutes) | 18 | 15 | 22 |
Approximately 33 people are unemployed in Hanson County, South Dakota.
The average commute time in Hanson County is 18 minutes, longer than the 15 minutes in South Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hanson County, South Dakota has fallen from 2.9% to 1.8% in 2024. Over that period the rate fell as low as 1.0% in 2016.
Hanson County, SD Wealth Compared With Nearby Counties
Hanson County, SD is the 4th largest of the 6 counties compared here, 3,472 residents against a local median of 5,751. Hanson County, SD's unemployment, at 1.8%, runs 80% above the 1.0% 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: 4.3%/yr against a local median of 5.4%/yr, 20% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Hanson County, SD reads weaker than its neighbours on all of them. The counties themselves spread 0.8% on unemployment, so Hanson County, SD sits at one end of an already wide local range rather than apart from it. Hanson 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. |
|---|---|---|---|---|---|
| Hanson County, SD | 3,472 | $82,317 #2/6 | 4.3%/yr #5/6 | 1.8% #5/6 | 0.500 #6/6 |
| Hutchinson County, SD | 7,404 | $74,552 | 5.9%/yr | 1.6% | 0.497 |
| Davison County, SD | 19,952 | $65,072 | 4.0%/yr | 1.0% | 0.486 |
| Miner County, SD | 2,300 | $78,591 | 6.4%/yr | 1.0% | 0.500 |
| McCook County, SD | 5,751 | $86,121 | 5.1%/yr | 1.8% | 0.483 |
| Sanborn County, SD | 2,384 | $78,104 | 5.4%/yr | 1.0% | 0.484 |
Conclusion
Considering all these factors, Hanson 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 Hanson County, South Dakota.
How Rich Is Hanson County, South Dakota?
Hanson 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 $82,317, about 10% higher than the South Dakota average of $75,087.
How fast is household income rising in Hanson County, South Dakota?
Between 2009 and 2024, the median household income in Hanson County, South Dakota rose 79%, from $46,071 to $82,317. Over the same years, income here outpaced South Dakota as a whole: +79% against +67%.
What was the median household income in Hanson County in 2023?
In 2023, the median household income in Hanson County, South Dakota was $84,704, up 1% from $84,162 in 2022. The South Dakota median that year was $72,558.
What was the median household income in Hanson County in 2020?
In 2020, the median household income in Hanson County, South Dakota was $62,129. By 2024 it had risen 32% to $82,317.
Is unemployment high in Hanson County, South Dakota?
Unemployment in Hanson County, South Dakota is only 1.8%, 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 Hanson County, South Dakota?
The Gini coefficient in Hanson County is 0.500. 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 Hanson County, South Dakota?
Since 2009, the income gap between men and women in Hanson County, South Dakota has narrowed from about 36% to 14% in 2024. Over that period the gap was widest at 38% in 2010. In dollar terms, the gap has narrowed by $5,022 since 2009.
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