Rapid
Rapid City, South Dakota
Rapid City, South Dakota, offers a compelling blend of affordability and outdoor access, making it a hidden gem for those seeking a balanced lifestyle. Imagine strolling along tree-lined streets with an impressive walk score of 83, a stark contrast to the national average of 50. The city's bike score of 81 further encourages an active lifestyle. With a median home value of around $240,000, significantly below the national median, and median rent hovering around $797, owning a home here is within reach for many. The affordability index of 63 underscores how far your dollar stretches in Rapid City, while the quiet noise levels and family-friendly atmosphere create a welcoming environment.
From an investment standpoint, Rapid City’s housing market presents attractive opportunities. The unemployment rate is a remarkably low 2.2%, suggesting a robust local economy. While the homeownership rate is 7%, there's plenty of room for growth. Property crime is at 19.0 per 1,000 residents, while violent crime sits at 5.0 per 1,000 residents. Rapid City is an excellent choice for first-time homebuyers, families, and those seeking a slower pace of life.
Beyond the practicalities, Rapid City boasts exceptional air quality, with an AQI of 39, offering residents pristine air to breathe. The region experiences distinct seasons, with warm summers and cold, snowy winters, perfect for enjoying the nearby Black Hills. Electricity rates at 10.8¢/kWh are also very reasonable. If you're looking for a community that prioritizes both quality of life and financial sensibility, Rapid City should definitely be on your radar.
Rapid, South Dakota at a Glance
Rapid is a city in Rapid City, South Dakota with a population of approximately 74,703. The median home value is $240,000 and the median household income is $52,340. It has a Walk Score of 83 out of 100, making it very walkable. The violent crime rate is 4.2 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $797 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$240,000
Median Income
$52,340
Population
74,703
Walk Score
83
Air Quality
AQI 39
Good
Climate Risk
Relatively Low
Excellent
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- Population
- 74,703
- Median Age
- N/A
- Median Household Income
- $52,340
30% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $240,000
15% below nat'l avg
- Median Rent
- $797
31% below nat'l avg
- Homeownership Rate
- 7.0%
89% below nat'l avg
- Affordability Index
- 63
37% below nat'l avg
- Violent Crime Rate
- 4.2 per 1K
17% above nat'l avg
- Property Crime Rate
- 11.8 per 1K
38% below nat'l avg
- AQI
- 39
7% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Low
- Risk Score
- 54.53
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 10.8¢/kWh
35% below nat'l avg
- Est. Monthly Electric
- $97
29% below nat'l avg
- Total Schools
- 26
- Elementary
- 14
- Middle
- 5
- High School
- 5
- Avg. Enrollment
- 476
Nearby Schools
- Unemployment Rate
- 2.2%
41% below nat'l avg
- Poverty Rate
- N/A
Weather & Climate in Rapid
Avg High
60°F
Avg Low
39°F
Annual Rainfall
16.3"
Avg Humidity
55%
Political Landscape
→ Politically stable
Based on Pennington County county-level presidential election data
Culture & Things to Do in Rapid
Black Hills Stock Show & Rodeo
An annual event featuring livestock shows, rodeos, and agricultural exhibitions.
Rapid City Pride
A celebration of the LGBTQ+ community with a parade, festival, and other events.
Days of '76 Rodeo
A historic rodeo with events like bull riding, barrel racing, and more, held in nearby Deadwood.
Black Hills Powwow
A Native American cultural celebration with dance, music, and art.
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