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Spearfish, South Dakota Demographics & Population 2026

During the 2020–2024 ACS period, Spearfish, South Dakota had a total population of 12,930, the 10th largest city in South Dakota, with a median household income of $65,688, which is 13% lower than the state average. The poverty rate is 15.2%.

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

Key Takeaways

Spearfish Quick Facts

Population 12,930
Median Household Income $65,688
Median Home Value $346,200
Poverty Rate 15.2%
Unemployment Rate 2.2%
Median Age 40.0 years
Homeownership Rate 49.6%
Affordability Ratio 5.3x
Bachelor's Degree or Higher 41.8%
High School Graduation Rate 95.5%
Diversity Index 23/100
Population 12,930 10th of 439
Median Income $65,688 average
Poverty Rate 15.2% 22% higher than national
Median Home Value $346,200 top 10%

How Spearfish 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
Population12,55112,930+3.0%
Median household income$59,731$65,688+10.0%
Median home value$309,200$346,200+12.0%

How Spearfish Compares

Economy & Housing

Household Income Distribution

Under $25K 18.2%
$25K-$50K 22.0%
$50K-$100K 30.6%
$100K+ 29.1%
Detailed income brackets
Under $10K
4.7%
$10K-$15K
4.8%
$15K-$20K
3.8%
$20K-$25K
5.0%
$25K-$30K
5.2%
$30K-$35K
3.6%
$35K-$40K
4.7%
$40K-$45K
4.7%
$45K-$50K
3.7%
$50K-$60K
7.6%
$60K-$75K
6.3%
$75K-$100K
16.8%
$100K-$125K
9.0%
$125K-$150K
7.5%
$150K-$200K
5.3%
$200K+
7.3%

Employment

2.2% Unemployment Rate State: 2.9%|National: 5.2%
64.7% Labor Force Participation

Housing Overview

Owner 49.6%
Renter 50.4%
Affordability Index Expensive
5.3x home value to income ratio
Median gross rent $963/mo 17.6% of median household income annually

People & Demographics

Diversity Index

23out of 100
Very Low Diversity

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

State average: 35 | National average: 61

Education

Spearfish Rankings in South Dakota

#10 Population of 439
#154 Median Income of 345
#45 Education of 438
#22 Home Value of 315

Other Cities in Lawrence County

CityPopulationMedian IncomePovertyHome Value
Lead 3,006 $73,047 7.5% $189,400
North Spearfish 1,858 $76,809 23.2% $356,200
Deadwood 1,209 $40,179 6.7% $226,500
Whitewood 912 $77,500 2.0% $243,300
Boulder Canyon 841 $74,281 1.1% $597,800
Mountain Plains 350 $248,558 0.0% $613,200
Crook City 279 $139,926 0.0% $463,300
Central City 140 $47,000 3.6% $208,300
St. Onge 40 N/A 0.0% N/A

Cities Similar to Spearfish

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Box Elder12,902$73,008$302,10028.1%7.5%
Huron14,385$61,452$159,00027.0%16.1%
Pierre13,948$77,672$230,70039.0%10.1%
Yankton15,540$67,804$222,70033.2%14.1%
Vermillion11,878$50,456$219,00050.5%24.4%

Population Overview

Spearfish is a small city located in South Dakota, within Lawrence County. The total population is 12,930. It ranks as the 10th most populous out of 439 Census-designated places in South Dakota.

Age Demographics

The median age in Spearfish is 40.0 years. This is 5% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Spearfish is $65,688. This is 13% lower than the state median of $75,081. It is also 19% lower than the national median of $80,734. The poverty rate stands at 15.2%. This is 28% higher than the state poverty rate of 11.9%. The unemployment rate is 2.2%. This is 26% lower than the state rate of 2.9%. The median home value is $346,200. Housing costs are 34% higher than the state median of $257,400. The home-value-to-income ratio is 5.3x. 49.6% of occupied housing units are owner-occupied. This homeownership rate is 28% lower than the state average of 68.6%.

Race & Ethnicity

Spearfish has a predominantly White (non-Hispanic) population, comprising 87.3% of all residents. Hispanic or Latino residents account for 3.9%. The Black or African American population (0.2%) is well below the state average of 2.1%. The Asian population (0.6%) is well below the state average of 1.4%.

Education

41.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Spearfish in the top 10% of all cities in the state for educational attainment. This is 31% higher 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 95.5%. Notably, 16.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Spearfish, 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 Spearfish, South Dakota?

Spearfish, South Dakota has a population of 12,930 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Spearfish, SD?

The median household income in Spearfish is $65,688, which is 19% lower than the national median of $80,734.

What is the poverty rate in Spearfish, SD?

The poverty rate in Spearfish is 15.2%. This means approximately 1,859 residents live below the federal poverty line.

What is the racial makeup of Spearfish, South Dakota?

Spearfish's population is 87.3% White, 0.2% Black, 3.9% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Spearfish, SD?

The median home value in Spearfish is $346,200. The home-value-to-income ratio is 5.3x.

How educated is Spearfish, South Dakota?

41.8% of adults (25+) in Spearfish hold a bachelor's degree or higher, and 16.3% hold a graduate or professional degree.