Spink County, South Dakota Income Statistics
Spink 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
Spink County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Spink County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $71,068 | $75,087 | $80,455 |
| Median Personal Income | $50,866 | $53,860 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.6% | 4.8% |
| Six-Figure Earners | 9.0% | 10.1% | 13.9% |
| $200k+ Households | 7.5% | 8.1% | 13.2% |
The median household income in Spink County is about 5% lower than in South Dakota. Income has been growing faster in Spink County (4.6%/yr) than in South Dakota (4.6%/yr).
About 9% of adults in Spink 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 Spink County, South Dakota grew by 59.4% from 2009 to 2024, reaching $71,068 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Spink County
| Metric | Spink County | South Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.508 | 0.504 | 0.552 |
| Male Median Income | $55,631 | $62,990 | $69,667 |
| Female Median Income | $46,982 | $50,603 | $56,850 |
| Gender Pay Gap | 15.5% | 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 Spink County, it is 0.508, 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 18% more than women's income in Spink County, South Dakota. Over a 35-year career, a 18% wage gap accumulates to roughly $302,715 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Spink County, South Dakota has narrowed from about 28% to 16% in 2024. Over that period the gap was widest at 37% in 2010. In dollar terms, the gap has narrowed by $2,224 since 2009.
Employment
| Metric | Spink County | South Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.3% | 2.9% | 5.2% |
| Working from Home | 14.7% | 9.7% | 15.0% |
| Commute time (minutes) | 11 | 15 | 22 |
Approximately 41 people are unemployed in Spink County, South Dakota.
The average commute time in Spink County is 11 minutes, shorter than the 15 minutes in South Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Spink County, South Dakota has fallen from 2.0% to 1.3% in 2024. Over that period the rate peaked at 2.7% in 2020 and fell as low as 1.1% in 2014.
Spink County, SD Wealth Compared With Nearby Counties
Spink County, SD is the 3rd largest of the 6 counties compared here, 6,219 residents against a local median of 3,917. Spink County, SD's unemployment, at 1.3%, runs 59% below the 3.3% typical of the counties around it. That is the better end of the local range on this measure.
The counties themselves spread 4.3% on unemployment, so Spink County, SD sits at one end of an already wide local range rather than apart from it. Spink County, SD has the 2nd 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. |
|---|---|---|---|---|---|
| Spink County, SD | 6,219 | $71,068 #2/6 | 4.6%/yr #1/6 | 1.3% #2/6 | 0.508 #4/6 |
| Beadle County, SD | 19,309 | $68,430 | 4.4%/yr | 1.9% | 0.502 |
| Clark County, SD | 3,917 | $69,502 | 4.6%/yr | 4.0% | 0.536 |
| Brown County, SD | 37,877 | $69,714 | 3.2%/yr | 3.3% | 0.492 |
| Hand County, SD | 3,140 | $74,534 | 4.5%/yr | 1.0% | 0.465 |
| Faulk County, SD | 2,126 | $58,499 | 3.9%/yr | 5.3% | 0.540 |
Conclusion
Considering all these factors, Spink 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 Spink County, South Dakota.
How Rich Is Spink County, South Dakota?
Spink 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 $71,068, about 5% lower than the South Dakota average of $75,087.
Are incomes growing in Spink County, South Dakota?
Between 2009 and 2024, the median household income in Spink County, South Dakota rose 59%, from $44,594 to $71,068. Over the same years, income here lagged behind South Dakota as a whole: +59% against +67%.
What was the median household income in Spink County in 2023?
In 2023, the median household income in Spink County, South Dakota was $73,706, up 12% from $65,988 in 2022. The South Dakota median that year was $72,558.
What was the median household income in Spink County in 2020?
In 2020, the median household income in Spink County, South Dakota was $61,283. By 2024 it had risen 16% to $71,068.
Is it hard to find a job in Spink County, South Dakota?
Unemployment in Spink County, South Dakota is only 1.3%, 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 Spink County, South Dakota?
The Gini coefficient in Spink County is 0.508. 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 Spink County, South Dakota?
Since 2009, the income gap between men and women in Spink County, South Dakota has narrowed from about 28% to 16% in 2024. Over that period the gap was widest at 37% in 2010. In dollar terms, the gap has narrowed by $2,224 since 2009.
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