Elk Point city, South Dakota Demographics & Population 2026
As of 2026, Elk Point city, South Dakota has a total population of 2,391, the 38th largest city in South Dakota, with a median household income of $83,250, which is 15% higher than the state average. The poverty rate is 7.2%.
Key Takeaways
- Near full employment with an unemployment rate of just 2.1%.
Elk Point city Quick Facts
How Elk Point city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 33 | National average: 60
Education
Educational Attainment (Adults 25+)
Elk Point city Rankings in South Dakota
Explore South Dakota Rankings
Other Cities in Union County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| North Sioux City city | 3,018 | $76,481 | 13.5% | $234,500 |
| Beresford city | 2,437 | $71,017 | 5.6% | $219,800 |
| Alcester city | 987 | $58,661 | 12.1% | $114,400 |
| Jefferson city | 717 | $81,149 | 3.2% | $177,900 |
Cities Similar to Elk Point city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Colonial Pine Hills CDP | 2,347 | $82,262 | $348,400 | 28.9% | 2.3% |
| Beresford city | 2,437 | $71,017 | $219,800 | 25.9% | 5.6% |
| Volga city | 2,246 | $75,417 | $220,200 | 41.6% | 7.5% |
| Fort Pierre city | 2,534 | $74,732 | $166,700 | 24.6% | 1.8% |
| Lennox city | 2,587 | $76,477 | $210,800 | 20.9% | 9.7% |
Population Overview
Elk Point city is a small community located in South Dakota, within Union County. The total population is 2,391. It ranks as the 38th most populous out of 439 cities and towns in South Dakota.
Age Demographics
The median age in Elk Point city is 33.9 years. This is 10% lower than the state median of 37.7 years. With 29.9% of the population under 18, Elk Point city has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Elk Point city is $83,250. This is 15% higher than the state median of $72,421. Compared to the national median of $78,538, household income here is 6% higher. The poverty rate stands at 7.2%. This is 40% lower than the state poverty rate of 12.0%. The unemployment rate is 2.1%. This is 31% lower than the state rate of 3.0%. The median home value is $228,400. Housing costs are 4% lower than the state median of $236,800. With a home-value-to-income ratio of just 2.7x, Elk Point city is one of the most affordable housing markets in the area. 74.7% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 68.6%.
Race & Ethnicity
Elk Point city has a predominantly White (non-Hispanic) population, comprising 93.5% of all residents. Hispanic or Latino residents account for 2.8%. The Black or African American population (0.6%) is well below the state average of 2.2%. The Asian population (0.2%) is well below the state average of 1.4%.
Education
32.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% higher than the state rate of 31.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.4%.
Data Sources & Methodology
All demographic data for Elk Point city, South Dakota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against South Dakota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 439 Census-designated places in South Dakota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Elk Point city, South Dakota?
Elk Point city, South Dakota has a population of 2,391 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Elk Point city, SD?
The median household income in Elk Point city is $83,250, which is 6% higher the national median of $78,538.
What is the poverty rate in Elk Point city, SD?
The poverty rate in Elk Point city is 7.2%. This means approximately 168 residents live below the federal poverty line.
What is the racial makeup of Elk Point city, South Dakota?
Elk Point city's population is 93.5% White, 0.6% Black, 2.8% Hispanic/Latino, and 0.2% Asian.
What is the median home value in Elk Point city, SD?
The median home value in Elk Point city is $228,400. The home-value-to-income ratio is 2.7x.
How educated is Elk Point city, South Dakota?
32.8% of adults (25+) in Elk Point city hold a bachelor's degree or higher, and 11.1% hold a graduate or professional degree.