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Wakonda town, South Dakota Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Wakonda town, South Dakota has a total population of 352, the 188th largest city in South Dakota, with a median household income of $56,875, which is 21% lower than the state average. The poverty rate is 16.3%.

Key Takeaways

Wakonda town Quick Facts

Population 352
Median Household Income $56,875
Median Home Value $97,700
Poverty Rate 16.3%
Unemployment Rate 0.0%
Median Age 53.4 years
Homeownership Rate 83.5%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 18.9%
High School Graduation Rate 94.6%
Diversity Index 15/100
Population 352 188th of 439
Median Income $56,875 below average
Poverty Rate 16.3% 31% higher national
Median Home Value $97,700 below average

How Wakonda town Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 3.0% | National: 5.2%
43.0% Labor Force Participation

Housing Overview

Owner 83.5%
Renter 16.5%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

15out of 100
Very Low Diversity

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

State average: 33 | National average: 60

Education

Wakonda town Rankings in South Dakota

#188 Population of 439
#215 Median Income of 439
#211 Education of 439
#193 Home Value of 439

Other Cities in Clay County

CityPopulationMedian IncomePovertyHome Value
Vermillion city 11,800 $52,815 25.1% $210,200

Cities Similar to Wakonda town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Sicangu Village CDP350N/AN/A0.0%52.9%
Hoven town341$61,250$88,80014.3%5.5%
Alpena town349$65,417$46,1008.3%18.3%
Presho city333$60,227$153,00031.3%10.3%
Trent town345$65,000$122,10015.0%8.5%

Population Overview

Wakonda town is a small community located in South Dakota, within Clay County. The total population is 352. It ranks as the 188th most populous out of 439 cities and towns in South Dakota.

Age Demographics

The median age in Wakonda town is 53.4 years. This is 42% higher than the state median of 37.7 years. 19.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Wakonda town is $56,875. This is 21% lower than the state median of $72,421. Compared to the national median of $78,538, household income here is 28% lower. The poverty rate stands at 16.3%. This is 36% higher than the state poverty rate of 12.0%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.0%. The median home value is $97,700. Housing costs are 59% lower than the state median of $236,800. With a home-value-to-income ratio of just 1.7x, Wakonda town is one of the most affordable housing markets in the area. 83.5% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 68.6%.

Race & Ethnicity

Wakonda town has a predominantly White (non-Hispanic) population, comprising 91.5% of all residents. Black or African American residents account for 0.9%. The Black or African American population (0.9%) is well below the state average of 2.2%. The Asian population (0.3%) is well below the state average of 1.4%.

Education

18.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower 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 94.6%.

Data Sources & Methodology

All demographic data for Wakonda town, 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.

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 Wakonda town, South Dakota?

Wakonda town, South Dakota has a population of 352 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wakonda town, SD?

The median household income in Wakonda town is $56,875, which is 28% lower the national median of $78,538.

What is the poverty rate in Wakonda town, SD?

The poverty rate in Wakonda town is 16.3%. This means approximately 46 residents live below the federal poverty line.

What is the racial makeup of Wakonda town, South Dakota?

Wakonda town's population is 91.5% White, 0.9% Black, 0.0% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Wakonda town, SD?

The median home value in Wakonda town is $97,700. The home-value-to-income ratio is 1.7x.

How educated is Wakonda town, South Dakota?

18.9% of adults (25+) in Wakonda town hold a bachelor's degree or higher, and 10.4% hold a graduate or professional degree.