Lyman County, South Dakota Income Statistics
Lyman 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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D
Lyman County Well below averageLess wealthy than 83% of counties in South Dakota
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lyman County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,584 | $75,087 | $80,455 |
| Median Personal Income | $50,705 | $53,860 | $60,758 |
| Average Yearly Income Growth | 5.2% | 4.6% | 4.8% |
| Six-Figure Earners | 9.2% | 10.1% | 13.9% |
| $200k+ Households | 7.2% | 8.1% | 13.2% |
The median household income in Lyman County is about 9% lower than in South Dakota. Income has been growing faster in Lyman County (5.2%/yr) than in South Dakota (4.6%/yr).
About 9% of adults in Lyman 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 Lyman County, South Dakota grew by 101.4% from 2009 to 2024, reaching $68,584 in 2024. That's an average of about 5.2% per year.
Income Inequality and the Gender Pay Gap in Lyman County
| Metric | Lyman County | South Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.563 | 0.504 | 0.552 |
| Male Median Income | $63,230 | $62,990 | $69,667 |
| Female Median Income | $48,035 | $50,603 | $56,850 |
| Gender Pay Gap | 24.0% | 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 Lyman County, it is 0.563, higher than South Dakota's 0.504, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 32% more than women's income in Lyman County, South Dakota. Over a 35-year career, a 32% wage gap accumulates to roughly $531,825 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lyman County, South Dakota has widened from about 21% to 24% in 2024. Over that period the gap was widest at 33% in 2022, and was narrowest at 18% in 2015. In dollar terms, the gap has widened by $8,326 since 2009.
Sharply against the trend: the pay gap in Lyman County widened by 3.0 points while South Dakota's narrowed by 4.5 points.
Employment
| Metric | Lyman County | South Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 2.9% | 5.2% |
| Working from Home | 11.2% | 9.7% | 15.0% |
| Commute time (minutes) | 12 | 15 | 22 |
Approximately 64 people are unemployed in Lyman County, South Dakota.
The average commute time in Lyman County is 12 minutes, shorter than the 15 minutes in South Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lyman County, South Dakota has fallen from 12.1% to 4.0% in 2024. Over that period the rate fell as low as 3.7% in 2023.
Lyman County, SD Wealth Compared With Nearby Counties
Lyman County, SD is the 4th largest of the 6 counties compared here, 3,724 residents against a local median of 5,283. The measure that sets Lyman County, SD apart most is unemployment: 4.0%, 119% above the local median of 1.8%. That is the weaker end of the local range on this measure.
The counties themselves spread 9.8% on unemployment, so Lyman County, SD sits at one end of an already wide local range rather than apart from it. Lyman 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. |
|---|---|---|---|---|---|
| Lyman County, SD | 3,724 | $68,584 #4/6 | 5.2%/yr #2/6 | 4.0% #5/6 | 0.563 #5/6 |
| Hughes County, SD | 17,664 | $82,070 | 4.3%/yr | 1.0% | 0.481 |
| Tripp County, SD | 5,611 | $58,278 | 4.5%/yr | 1.8% | 0.544 |
| Buffalo County, SD | 1,808 | $47,368 | 5.4%/yr | 10.8% | 0.660 |
| Hyde County, SD | 1,191 | $72,154 | 3.3%/yr | 3.7% | 0.485 |
| Brule County, SD | 5,283 | $73,237 | 4.8%/yr | 1.5% | 0.528 |
Conclusion
Considering all these factors, Lyman County, South Dakota has an overall wealth index grade of D, making it somewhat worse than South Dakota, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lyman County, South Dakota.
How Rich Is Lyman County, South Dakota?
Lyman County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $68,584, about 9% lower than the South Dakota average of $75,087.
How has median household income changed in Lyman County, South Dakota?
Between 2009 and 2024, the median household income in Lyman County, South Dakota rose 101%, from $34,059 to $68,584. Over the same years, income here outpaced South Dakota as a whole: +101% against +67%.
What was the median household income in Lyman County in 2023?
In 2023, the median household income in Lyman County, South Dakota was $61,343, up 1% from $60,463 in 2022. The South Dakota median that year was $72,558.
What was the median household income in Lyman County in 2020?
In 2020, the median household income in Lyman County, South Dakota was $54,820. By 2024 it had risen 25% to $68,584.
How strong is the job market in Lyman County, South Dakota?
Unemployment in Lyman County, South Dakota is 4.0%, well above the South Dakota rate of 2.9%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Lyman County, South Dakota?
The Gini coefficient in Lyman County is 0.563. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Lyman County, South Dakota?
Since 2009, the income gap between men and women in Lyman County, South Dakota has widened from about 21% to 24% in 2024. Over that period the gap was widest at 33% in 2022, and was narrowest at 18% in 2015. In dollar terms, the gap has widened by $8,326 since 2009.
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