Edgemont, SD Profile: Facts & Data

The primary coordinate point for Edgemont is located at latitude 43.3011 and longitude -103.8255 in Fall River County. The formal boundaries for the City of Edgemont encompass a land area of 0.97 sq. miles and a water area of 0 sq. miles. Fall River County is in the Mountain time zone (GMT -7). The elevation is 3,458 feet.

The City of Edgemont (GNIS ID: 1267376) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Edgemont, SD Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	726 (100%)
Population in Households	723 (99.6%)
Population in Families	518 (71.3%)
Population in Group Quarters¹	3 ( 0.4%)
Population Density	527
Diversity Index²	22


INCOME
Median Household Income	$31,903
Average Household Income	$45,178
% of Income for Mortgage⁴	7%
Per Capita Income	$22,353
Wealth Index⁵	40

HOUSING
Total HU (Housing Units)	502 (100%)
Owner Occupied HU	300 (59.8%)
Renter Occupied HU	63 (12.5%)
Vacant Housing Units	139 (27.7%)
Median Home Value	$55,899
Average Home Value	$101,338
Housing Affordability Index³	345

HOUSEHOLDS
Total Households	363
Average Household Size	1.99
Family Households	194
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Edgemont, SD - Peer Comparisons by Rank and Percentile

The table below compares Edgemont to the other 393 incorporated cities, towns and CDPs in South Dakota by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.05%	-0.28%
Households	0.19%	-0.17%
Families	0.15%	-0.42%
Median Household Income		2.11%
Per Capita Income		2.38%
Owner Occupied HU		-0.2%

Variable Description	Rank	Percentile
Total Population	# 105	74th
Population Density	# 184	53rd
Median Household Income	# 371	6th
Housing Affordability Index	# 355	90th
Per Capita Income	# 338	14th
Diversity Index	# 132	67th

Edgemont, SD Profile: Facts & Data

Edgemont, South Dakota - Basic Facts

Edgemont, SD Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Edgemont, SD - Peer Comparisons by Rank and Percentile

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