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Rapid City, Michigan Demographics & Population 2026

During the 2020–2024 ACS period, Rapid City, Michigan had a total population of 1,328, the 391st largest community in Michigan, with a median household income of $73,021, which is about the same as the state average. The poverty rate is 12.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Rapid City Quick Facts

Population 1,328
Median Household Income $73,021
Median Home Value $214,700
Poverty Rate 12.7%
Unemployment Rate 5.1%
Median Age 50.1 years
Homeownership Rate 84.8%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 13.9%
High School Graduation Rate 94.3%
Diversity Index 9/100
Population 1,328 391st of 745
Median Income $73,021 top 30%
Poverty Rate 12.7% 2% higher than national
Median Home Value $214,700 above average

How Rapid City Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,3151,328+1.0%
Median household income$65,438$73,021+11.6%
Median home value$212,500$214,700+1.0%

How Rapid City Compares

Economy & Housing

Household Income Distribution

Under $25K 11.7%
$25K-$50K 19.5%
$50K-$100K 43.4%
$100K+ 25.5%
Detailed income brackets
Under $10K
5.9%
$10K-$15K
0.8%
$15K-$20K
0.9%
$20K-$25K
4.1%
$25K-$30K
7.4%
$30K-$35K
3.6%
$35K-$40K
0.6%
$40K-$45K
3.6%
$45K-$50K
4.1%
$50K-$60K
7.0%
$60K-$75K
17.9%
$75K-$100K
18.5%
$100K-$125K
14.2%
$125K-$150K
4.8%
$150K-$200K
2.5%
$200K+
4.0%

Employment

5.1% Unemployment Rate State: 5.7%|National: 5.2%
54.0% Labor Force Participation

Housing Overview

Owner 84.8%
Renter 15.2%
Affordability Index Very Affordable
2.9x home value to income ratio
Median gross rent $969/mo 15.9% of median household income annually

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 45 | National average: 61

Education

Rapid City Rankings in Michigan

#391 Population of 745
#217 Median Income of 732
#528 Education of 745
#226 Home Value of 730

Other Cities in Kalkaska County

CityPopulationMedian IncomePovertyHome Value
Kalkaska 2,539 $57,143 13.3% $155,600
South Boardman 553 $83,750 11.4% $193,300
Manistee Lake 412 $56,250 9.7% $175,000
Bear Lake 343 $67,188 8.2% $201,500

Cities Similar to Rapid City

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fowler1,387$74,282$197,40022.9%3.1%
Schoolcraft1,275$75,000$224,80030.8%8.8%
Lakewood Club1,255$71,518$157,30010.6%11.4%
New Buffalo1,338$64,702$391,20042.8%12.7%
Birch Run1,439$70,521$191,00014.9%13.5%

Population Overview

Rapid City is a small community located in Michigan, within Kalkaska County. The total population is 1,328. It ranks as the 391st most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Rapid City is 50.1 years. This is 25% higher than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Rapid City is $73,021. This is about the same as the state median of $72,875. It is also 10% lower than the national median of $80,734. The poverty rate stands at 12.7%. This is 4% lower than the state poverty rate of 13.2%. The unemployment rate is 5.1%. This is 10% lower than the state rate of 5.7%. The median home value is $214,700. Housing costs are 7% lower than the state median of $231,600. With a home-value-to-income ratio of just 2.9x, Rapid City is one of the most affordable housing markets in the area. 84.8% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 73.2%.

Race & Ethnicity

Rapid City has a predominantly White (non-Hispanic) population, comprising 95.1% of all residents. Hispanic or Latino residents account for 1.4%. The Hispanic or Latino population (1.4%) is well below the state average of 5.9%.

Education

13.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% lower than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.3%.

Data Sources & Methodology

All demographic data for Rapid City, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Rapid City, Michigan?

Rapid City, Michigan has a population of 1,328 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Rapid City, MI?

The median household income in Rapid City is $73,021, which is 10% lower than the national median of $80,734.

What is the poverty rate in Rapid City, MI?

The poverty rate in Rapid City is 12.7%. This means approximately 168 residents live below the federal poverty line.

What is the racial makeup of Rapid City, Michigan?

Rapid City's population is 95.1% White, 0.0% Black, 1.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Rapid City, MI?

The median home value in Rapid City is $214,700. The home-value-to-income ratio is 2.9x.

How educated is Rapid City, Michigan?

13.9% of adults (25+) in Rapid City hold a bachelor's degree or higher, and 7.7% hold a graduate or professional degree.