Rapid Valley, SD Profile: Facts & Data

Advertisement

Rapid Valley Local Links & Resources:
Resources | ALL Rapid Valley Content
Planning to visit Rapid Valley? See Local Hotels

Also See: Rapid City, SD ZIP Codes & ZIP Code Maps

Rapid Valley, South Dakota - Basic Facts

Quick & Easy Tools

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.

The Rapid Valley Census Designated Place is located within Unorganized Territory of Central Pennington, a minor civil division (MCD) of Pennington County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Rapid Valley 2021 Demographic Data
  2. Growth Rates for Rapid Valley (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. South Dakota Research Tools (Easy Tools & Current Data)
  3. South Dakota Data Comparison Tool - 2021 Demographics
Advertisement

Rapid Valley, SD Data & Demographics (As of July 1, 2021)

POPULATION

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%)
Population Density 1,375
Diversity Index2 33
 
 

INCOME

Median Household Income $67,589
Average Household Income $71,058
% of Income for Mortgage4 12%
Per Capita Income $26,166
Wealth Index5 53
 

HOUSING

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
 

HOUSEHOLDS

Total Households 3,238
Average Household Size 2.73
Family Households 2,339
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 1.07% 1.12%
Households 1.11% 1.17%
Families 0.76% 1.01%
Median Household Income   2.31%
Per Capita Income   2.17%
Owner Occupied HU   1.39%

Rapid Valley, SD - Peer Comparisons by Rank and Percentile

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.

Variable Description Rank Percentile
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.

Rapid Valley, SD - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a South Dakota Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2021, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

South Dakota Census Data Comparison Tool

Compare South Dakota July 1, 2021 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement