Also See: Rapid City, SD ZIP Codes & ZIP Code Maps
The Rapid Valley CDP(1) had a population of 8,859 as of July 1, 2021. Rapid Valley ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in South Dakota. See peer rankings below.
The primary coordinate point for Rapid Valley is located at latitude 44.0625 and longitude -103.1463 in Pennington County. The formal boundaries for the Rapid Valley Census Designated Place encompass a land area of 7.43 sq. miles and a water area of 0 sq. miles. Pennington County is in the Mountain time zone (GMT -7). The elevation is 3,156 feet.
The Rapid Valley Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
|Total Population||8,859 (100%)|
|Population in Households||8,849 (99.9%)|
|Population in Families||7,339 (82.8%)|
|Population in Group Quarters1||10 ( 0.1%)|
|Median Household Income||$67,589|
|Average Household Income||$71,058|
|% of Income for Mortgage4||12%|
|Per Capita Income||$26,166|
|Total HU (Housing Units)||3,349 (100%)|
|Owner Occupied HU||2,798 (83.5%)|
|Renter Occupied HU||440 (13.1%)|
|Vacant Housing Units||111 ( 3.3%)|
|Median Home Value||$194,100|
|Average Home Value||$183,607|
|Housing Affordability Index3||200|
|Average Household Size||2.73|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.31%|
|Per Capita Income||2.17%|
|Owner Occupied HU||1.39%|
The table below compares Rapid Valley to the other 393 incorporated cities, towns and CDPs in South Dakota by rank and percentile using July 1, 2021 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.
|Total Population||# 14||97th|
|Population Density||# 41||90th|
|Median Household Income||# 111||72nd|
|Housing Affordability Index||# 242||62nd|
|Per Capita Income||# 308||22nd|
|Diversity Index||# 77||81st|
Additional comparisons and rankings can be made with a VERY EASY TO USE South Dakota Census Data Comparison Tool.