Elk Point, South Dakota Demographics & Population 2026
During the 2020–2024 ACS period, Elk Point, South Dakota had a total population of 2,537, the 35th largest city in South Dakota, with a median household income of $90,473, which is 21% higher than the state average. The poverty rate is 8.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Elk Point Quick Facts
How Elk Point Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,391 | 2,537 | +6.1% |
| Median household income | $83,250 | $90,473 | +8.7% |
| Median home value | $228,400 | $248,500 | +8.8% |
How Elk Point Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 35 | National average: 61
Education
Educational Attainment (Adults 25+)
Elk Point Rankings in South Dakota
Explore South Dakota Rankings
Other Cities in Union County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Dakota Dunes | 3,936 | $136,125 | 2.4% | $565,600 |
| North Sioux City | 3,045 | $71,908 | 11.0% | $269,800 |
| Alcester | 989 | $57,000 | 12.4% | $125,800 |
| Jefferson | 554 | $82,888 | 4.9% | $179,400 |
| Richland | 107 | $130,417 | 0.0% | $208,300 |
Cities Similar to Elk Point
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Colonial Pine Hills | 2,609 | $98,696 | $406,500 | 30.4% | 0.2% |
| Lennox | 2,468 | $81,761 | $235,900 | 24.1% | 9.7% |
| Chamberlain | 2,588 | $76,761 | $224,300 | 33.3% | 12.1% |
| Volga | 2,408 | $78,828 | $240,000 | 46.1% | 6.1% |
| Beresford | 2,360 | $78,793 | $234,400 | 28.1% | 5.2% |
Population Overview
Elk Point is a small community located in South Dakota, within Union County. The total population is 2,537. It ranks as the 35th most populous out of 439 Census-designated places in South Dakota.
Age Demographics
The median age in Elk Point is 35.5 years. This is 7% lower than the state median of 38.0 years. With 29.5% of the population under 18, Elk Point has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Elk Point is $90,473. This is 21% higher than the state median of $75,081. It is also 12% higher than the national median of $80,734. The poverty rate stands at 8.5%. This is 29% lower than the state poverty rate of 11.9%. The unemployment rate is 3.0%. This is 1% higher than the state rate of 2.9%. The median home value is $248,500. Housing costs are 3% lower than the state median of $257,400. With a home-value-to-income ratio of just 2.7x, Elk Point is one of the most affordable housing markets in the area. 78.4% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 68.6%.
Race & Ethnicity
Elk Point has a predominantly White (non-Hispanic) population, comprising 93.1% of all residents. Hispanic or Latino residents account for 1.4%. The Black or African American population (0.6%) is well below the state average of 2.1%. The Hispanic or Latino population (1.4%) is well below the state average of 4.8%. The Asian population (0.3%) is well below the state average of 1.4%.
Education
29.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 8% lower than the state rate of 31.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.3%.
Data Sources & Methodology
All demographic data for Elk Point, South Dakota 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 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all South Dakota city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Elk Point, South Dakota?
Elk Point, South Dakota has a population of 2,537 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Elk Point, SD?
The median household income in Elk Point is $90,473, which is 12% higher than the national median of $80,734.
What is the poverty rate in Elk Point, SD?
The poverty rate in Elk Point is 8.5%. This means approximately 210 residents live below the federal poverty line.
What is the racial makeup of Elk Point, South Dakota?
Elk Point's population is 93.1% White, 0.6% Black, 1.4% Hispanic/Latino, and 0.3% Asian.
What is the median home value in Elk Point, SD?
The median home value in Elk Point is $248,500. The home-value-to-income ratio is 2.7x.
How educated is Elk Point, South Dakota?
29.4% of adults (25+) in Elk Point hold a bachelor's degree or higher, and 9.3% hold a graduate or professional degree.