What is the median household income in Herman Township, SD?
The median household income in Herman Township, SD is $78,438 (±$23,989) a year (2020–2024 American Community Survey).
In Herman Township, the median household income went from $84,167 in 2015–2019 to $78,438 in 2020–2024 (−6.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $78,438 (±$23,989)
Income in Herman Township against Lake County, its state and the nation
| Herman Township | Lake County | South Dakota | United States | |
|---|---|---|---|---|
| Median household income | $78,438 (±$23,989) | $76,808 (±$7,301) | $75,081 (±$888) | $80,734 |
| Median renter household income | — | $42,830 (±$10,776) | $45,599 (±$1,257) | $52,966 |
| Median owner household income | $80,500 (±$31,716) | $94,702 (±$10,514) | $92,702 (±$1,158) | $100,009 |
| Median gross rent | — | $947 (±$88) | $946 (±$11) | $1,413 |
In Herman Township, median household income is not measurably different from Lake County ($76,808).
It is not measurably different from South Dakota ($75,081).
It is not measurably different from the national figure ($80,734).
In Lake County, Herman Township ranks 11 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 420 of 773.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $84,167 (±$18,606) | $78,438 (±$23,989) | −6.8% | No measurable change after inflation |
| Median home value | $234,800 (±$26,166) | $291,200 (±$68,049) | +24.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Herman Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Herman Township | — | $78,438 (±$23,989) | — |
| Madison | 4.6 mi | $65,593 (±$9,132) | Not measurably different |
| Winfred Township | 5.2 mi | $118,576 (±$6,158) | Higher |
| Lake View Township | 6.0 mi | $150,556 (±$37,356) | Higher |
| Farmington Township (Lake County) | 6.2 mi | $120,500 (±$82,644) | Not measurably different |
| Orland Township | 6.4 mi | $63,750 (±$55,864) | Not measurably different |
| Le Roy Township | 8.7 mi | $118,000 (±$23,700) | Higher |
| Franklin Township (Lake County) | 9.1 mi | $71,250 (±$60,940) | Not measurably different |
| Ramona | 10.0 mi | $78,750 (±$50,762) | Not measurably different |
Nearby places with a measurably higher figure: Winfred Township, SD ($118,576), Lake View Township, SD ($150,556), Le Roy Township, SD ($118,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Lake County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Le Roy Township | $118,000 (±$23,700) |
| 6 | Wentworth Township | $107,212 (±$9,172) |
| 7 | Brant Lake | $104,318 (±$40,933) |
| 8 | Rutland Township | $96,563 (±$43,086) |
| 9 | Summit Township (Lake County) | $83,125 (±$42,358) |
| 10 | Ramona | $78,750 (±$50,762) |
| 11 | Herman Township | $78,438 (±$23,989) |
| 12 | Franklin Township (Lake County) | $71,250 (±$60,940) |
| 13 | Chester Township (Lake County) | $69,375 (±$28,427) |
| 14 | Madison | $65,593 (±$9,132) |
| 15 | Orland Township | $63,750 (±$55,864) |
| 16 | Wentworth | $62,188 (±$30,962) |
| 17 | Wayne Township (Lake County) | $48,750 (±$9,463) |
Showing 13 of 17 places in Lake County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Herman Township
What is the median household income in Herman Township?
The median household income in Herman Township is $78,438 (±$23,989) a year (2020–2024 American Community Survey).
Have incomes in Herman Township kept up with inflation?
In Herman Township, the median household income went from $84,167 in 2015–2019 to $78,438 in 2020–2024 (−6.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Herman township, Lake County, South Dakota (county subdivision:28260, in state:46 county:079).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Herman Township at a glance
- Home values in Herman Township
- Homeowner costs in Herman Township
- Property taxes in Herman Township
- Types of homes in Herman Township
- Age of homes in Herman Township
- Heating fuel in Herman Township
- Commute and cars in Herman Township
- South Dakota landlord and tenant rules
- Housing across Lake County
- South Dakota places ranked by median household income
- Housing data for every place in South Dakota