Hyde County, South Dakota Income Statistics
Hyde 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
Hyde County Around averageWealthier than 77% of counties in South Dakota
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hyde County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $72,154 | $75,087 | $80,455 |
| Median Personal Income | $52,065 | $53,860 | $60,758 |
| Average Yearly Income Growth | 3.3% | 4.6% | 4.8% |
| Six-Figure Earners | 9.4% | 10.1% | 13.9% |
| $200k+ Households | 5.8% | 8.1% | 13.2% |
The median household income in Hyde County is about 4% lower than in South Dakota. Income has been growing slower in Hyde County (3.3%/yr) than in South Dakota (4.6%/yr).
About 9% of adults in Hyde 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 Hyde County, South Dakota grew by 93.5% from 2009 to 2024, reaching $72,154 in 2024. That's an average of about 3.3% per year.
Income Inequality and the Gender Pay Gap in Hyde County
| Metric | Hyde County | South Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.485 | 0.504 | 0.552 |
| Male Median Income | $51,499 | $62,990 | $69,667 |
| Female Median Income | $55,984 | $50,603 | $56,850 |
| Gender Pay Gap | -8.7% | 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 Hyde County, it is 0.485, 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 9% more than men's income in Hyde County, South Dakota. Over a 35-year career, a 9% wage gap accumulates to roughly $156,975 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hyde County, South Dakota has narrowed from about 21% to -9% in 2024. Over that period the gap was widest at 36% in 2016, and in 2023 women out-earned men by 15%. In dollar terms, the gap has narrowed by $11,923 since 2009.
Employment
| Metric | Hyde County | South Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 2.9% | 5.2% |
| Working from Home | 20.8% | 9.7% | 15.0% |
| Commute time (minutes) | 8 | 15 | 22 |
Approximately 24 people are unemployed in Hyde County, South Dakota.
The average commute time in Hyde County is 8 minutes, shorter than the 15 minutes in South Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hyde County, South Dakota has risen from 3.6% to 3.7% in 2024. Over that period the rate peaked at 4.6% in 2013 and fell as low as 1.0% in 2019.
Hyde County, SD Wealth Compared With Nearby Counties
Hyde County, SD is the smallest of the 6 counties compared here, 1,191 residents against a local median of 2,126. Hyde County, SD's unemployment, at 3.7%, runs 272% 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: 3.3%/yr against a local median of 4.3%/yr, 23% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Hyde County, SD reads weaker than its neighbours on all of them. The counties themselves spread 9.8% on unemployment, so Hyde County, SD sits at one end of an already wide local range rather than apart from it. Hyde County, SD has the 4th 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. |
|---|---|---|---|---|---|
| Hyde County, SD | 1,191 | $72,154 #4/6 | 3.3%/yr #5/6 | 3.7% #4/6 | 0.485 #4/6 |
| Hand County, SD | 3,140 | $74,534 | 4.5%/yr | 1.0% | 0.465 |
| Hughes County, SD | 17,664 | $82,070 | 4.3%/yr | 1.0% | 0.481 |
| Buffalo County, SD | 1,808 | $47,368 | 5.4%/yr | 10.8% | 0.660 |
| Faulk County, SD | 2,126 | $58,499 | 3.9%/yr | 5.3% | 0.540 |
| Sully County, SD | 1,526 | $72,742 | 2.6%/yr | 1.0% | 0.442 |
Conclusion
Considering all these factors, Hyde 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 Hyde County, South Dakota.
How Rich Is Hyde County, South Dakota?
Hyde 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 $72,154, about 4% lower than the South Dakota average of $75,087.
Are incomes growing in Hyde County, South Dakota?
Between 2009 and 2024, the median household income in Hyde County, South Dakota rose 94%, from $37,286 to $72,154. Over the same years, income here outpaced South Dakota as a whole: +94% against +67%.
What was the median household income in Hyde County in 2023?
In 2023, the median household income in Hyde County, South Dakota was $72,990, up 5% from $69,314 in 2022. The South Dakota median that year was $72,558.
What was the median household income in Hyde County in 2020?
In 2020, the median household income in Hyde County, South Dakota was $59,862. By 2024 it had risen 21% to $72,154.
What is the Gini coefficient in Hyde County, South Dakota?
The Gini coefficient in Hyde County is 0.485. 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 Hyde County, South Dakota?
Since 2009, the income gap between men and women in Hyde County, South Dakota has narrowed from about 21% to -9% in 2024. Over that period the gap was widest at 36% in 2016, and in 2023 women out-earned men by 15%. In dollar terms, the gap has narrowed by $11,923 since 2009.
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