What is the median household income in Split Rock Township, SD?
The median household income in Split Rock Township, SD is $147,717 (±$28,190) a year (2020–2024 American Community Survey).
Paying the median gross rent of $987 a month would take about $39,500 a year at the common guideline of spending no more than 30% of income on rent.
In Split Rock Township, the median household income went from $97,619 in 2015–2019 to $147,717 in 2020–2024 (+51.3%).
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
- $147,717 (±$28,190)
- Median renter income
- $119,625 (±$59,991)
- Income to afford median rent
- about $39,500
Income in Split Rock Township against Minnehaha County, its state and the nation
| Split Rock Township | Minnehaha County | South Dakota | United States | |
|---|---|---|---|---|
| Median household income | $147,717 (±$28,190) | $76,880 (±$2,510) | $75,081 (±$888) | $80,734 |
| Median renter household income | $119,625 (±$59,991) | $46,405 (±$2,094) | $45,599 (±$1,257) | $52,966 |
| Median owner household income | $149,565 (±$36,312) | $104,882 (±$3,209) | $92,702 (±$1,158) | $100,009 |
| Median gross rent | $987 (±$424) | $978 (±$18) | $946 (±$11) | $1,413 |
In Split Rock Township, median household income is higher than in Minnehaha County ($76,880).
It is also higher than in South Dakota ($75,081).
It is higher than the national figure ($80,734).
In Minnehaha County, Split Rock Township ranks 5 of 33 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 57 of 773.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Split Rock Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $987 a month ($11,844 a year) needs an income of about $39,500 a year.
The median renting household in Split Rock Township earns $119,625 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $97,619 (±$6,116) | $147,717 (±$28,190) | +51.3% | No measurable change after inflation |
| Median gross rent | $1,306 (±$167) | $987 (±$424) | −24.4% | Down after inflation |
| Median home value | $331,800 (±$16,327) | $499,600 (±$51,228) | +50.6% | Up 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 Split Rock Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Split Rock Township | — | $147,717 (±$28,190) | — |
| Brandon | 3.0 mi | $110,806 (±$10,346) | Lower |
| Valley Springs Township | 4.3 mi | $72,308 (±$40,083) | Lower |
| Valley Springs | 6.2 mi | $107,222 (±$32,146) | Not measurably different |
| Brandon Township | 6.3 mi | $114,271 (±$48,573) | Not measurably different |
| Springdale Township (Lincoln County) | 7.0 mi | $151,000 (±$46,625) | Not measurably different |
| Red Rock Township | 7.3 mi | $113,333 (±$44,634) | Not measurably different |
| Sioux Falls | 7.5 mi | $75,970 (±$2,280) | Lower |
| Mapleton Township | 8.5 mi | $110,972 (±$23,200) | Lower |
Nearby places with a measurably lower figure: Brandon, SD ($110,806), Valley Springs Township, SD ($72,308), Sioux Falls, SD ($75,970).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Minnehaha County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Highland Township (Minnehaha County) | $250,000 or more |
| 2 | Buffalo Township (Minnehaha County) | $190,625 (±$127,185) |
| 3 | Wayne Township (Minnehaha County) | $159,901 (±$42,784) |
| 4 | Edison Township | $148,214 (±$17,771) |
| 5 | Split Rock Township | $147,717 (±$28,190) |
| 6 | Logan Township (Minnehaha County) | $147,250 (±$130,060) |
| 7 | Lyons Township | $141,154 (±$24,493) |
| 8 | Wellington Township | $136,563 (±$12,358) |
| 9 | Wall Lake Township | $129,375 (±$39,783) |
| 10 | Hartford Township | $126,250 (±$42,855) |
| 11 | Sverdrup Township | $118,438 (±$37,485) |
Showing 11 of 33 places in Minnehaha 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.
What you can do on Seayora in Split Rock Township
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Questions about Split Rock Township
What is the median household income in Split Rock Township?
The median household income in Split Rock Township is $147,717 (±$28,190) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Split Rock Township?
About $39,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $987 a month.
Have incomes in Split Rock Township kept up with inflation?
In Split Rock Township, the median household income went from $97,619 in 2015–2019 to $147,717 in 2020–2024 (+51.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Split Rock Township?
The median renting household in Split Rock Township, SD earns $119,625 (±$59,991) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Split Rock township, Minnehaha County, South Dakota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Split Rock township, Minnehaha County, South Dakota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Split Rock township, Minnehaha County, South Dakota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Split Rock township, Minnehaha County, South Dakota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Split Rock township, Minnehaha County, South Dakota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Split Rock township, Minnehaha 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 Split Rock township, Minnehaha County, South Dakota (county subdivision:60300, in state:46 county:099).
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 Split Rock Township at a glance
- Home values in Split Rock Township
- Homeowner costs in Split Rock Township
- Property taxes in Split Rock Township
- Types of homes in Split Rock Township
- Age of homes in Split Rock Township
- Heating fuel in Split Rock Township
- Commute and cars in Split Rock Township
- Population growth in Split Rock Township
- South Dakota landlord and tenant rules
- Housing across Minnehaha County
- South Dakota places ranked by median household income
- Housing data for every place in South Dakota