What percentage of people rent in Lead, SD?

29.7% (±8.9 points) of the occupied homes in Lead, SD are rented (2020–2024 American Community Survey).

That is 399 renting households against 946 that own their home.

In Lead, the share of households that rent went from 37.5% in 2015–2019 to 29.7% in 2020–2024 (−7.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
29.7% (±8.9 points)
Renting households
399 (±127)
Median renter income
$44,030 (±$6,964)

Who rents and who owns in Lead

Tenure, estimate (90% margin of error)
LeadLawrence CountySouth DakotaUnited States
Renter-occupied share29.7% (±8.9 points)34.9% (±3.1 points)31.4% (±0.5 points)34.8%
Renting households399 (±127)4,208 (±435)114,923 (±1,973)45,017,354
Owning households946 (±167)7,846 (±381)250,621 (±2,208)84,210,142
Average renter household size2.2 (±0.6)1.8 (±0.1)2.1 (±0.0)2.3
Average owner household size2.2 (±0.3)2.4 (±0.1)2.5 (±0.0)2.6
Median renter household income$44,030 (±$6,964)$45,875 (±$7,736)$45,599 (±$1,257)$52,966
Median owner household income$82,857 (±$39,397)$88,823 (±$4,974)$92,702 (±$1,158)$100,009

In Lead, the renter share is not measurably different from Lawrence County (34.9%).

It is not measurably different from South Dakota (31.4%).

It is not measurably different from the national figure (34.8%).

In Lawrence County, Lead ranks 3 of 7 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 256 of 1,152.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lead has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent37.5% (±10.2 points)29.7% (±8.9 points)−7.8 percentage pointsNot a measurable change
Median gross rent$707 (±$197)$835 (±$81)+18.1%No measurable change after inflation
Median household income$47,500 (±$11,704)$73,047 (±$33,268)+53.8%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.

Households that rent in places near Lead

Nearest places with a published estimate, compared with Lead
PlaceDistanceHouseholds that rentCompared with this place
Lead—29.7% (±8.9 points)—
Central City1.1 mi4.8% (±9.7 points)Lower
Deadwood3.3 mi44.1% (±12.5 points)Not measurably different
Whitewood9.9 mi17.1% (±9.1 points)Not measurably different
Spearfish9.9 mi50.4% (±4.1 points)Higher
North Spearfish13 mi21.9% (±12.6 points)Not measurably different
Sturgis14 mi33.1% (±6.4 points)Not measurably different
St. Onge Township14 mi0.0% (±13.4 points)Lower
Piedmont21 mi13.1% (±7.3 points)Lower

Nearby places with a measurably lower figure: Central City, SD (4.8%), St. Onge Township, SD (0.0%), Piedmont, SD (13.1%).

Nearby places with a measurably higher figure: Spearfish, SD (50.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Lawrence County, place by place

RankPlaceHouseholds that rent
1Spearfish50.4% (±4.1 points)
2Deadwood44.1% (±12.5 points)
3Lead29.7% (±8.9 points)
4North Spearfish21.9% (±12.6 points)
5Whitewood17.1% (±9.1 points)
6Central City4.8% (±9.7 points)
7St. Onge Township0.0% (±13.4 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lead

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Questions about Lead

How many renters are there in Lead?

Lead has an estimated 399 (±127) renting households, 29.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lead?

In Lead, the share of households that rent went from 37.5% in 2015–2019 to 29.7% in 2020–2024 (−7.8 percentage points), not a measurable change.

How big are renting households in Lead?

A renting household in Lead has 2.2 people on average, against 2.2 in an owned home.

How much do renters earn in Lead?

The median renting household in Lead, SD has an income of $44,030 (±$6,964) a year, against $82,857 for households that own their home.

Sources

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 Lead city, South Dakota (place:36220, in state:46).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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