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Rapid City South Dakota Real Estate By Jennifer Hershey

Rapid City South Dakota Real Estate

Rapid City, South Dakota, is located in Pennington County, of , and 315 miles N of Denver, Colorado. Rapid City has a population of 59,607.

Rapid City Homes

Rapid City properties pool is 24,012 residential properties including Rapid City new homes. Median age of real estate in Rapid City is 1971. Average Household size is 2.96 people. 3% are one bedroom homes, 22% are 2 bedroom homes, 46% are 3 bedroom homes, 22% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Rapid City Mortgage Statistics

Rapid City mortgages vs. USA median statistics

Homes Rapid City USA
Homes With No Mortgage 30%
30%
Homes With Mortgage 70%
70%
First Mortgage Only 55%
54%
First & Second Mortgage or HELOC 16%
16%

Rapid City Area Real Estate Tax

Rapid City Real estate Tax: Median Real Estate Taxes (2000) were $1,606 comparing to 1999 Median Family income $ 44,818. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Rapid City School District: Children make up 25.3% of Rapid City population. Rapid City has 15,063 under 18 years old residents, or 0.5 kids per one worker, or 0.63 kids per one household.

Rapid City Real Estate & Rapid City Homeownership

There are 7203.6 or 30% one person households, 8404.2 or 35% two person households, and 3601.8 or 15% three person households in Rapid City, South Dakota. Median residents age is 34.8, Senior citizens (65+) make up 7,888 or 13.2%% of Rapid City population.

There are 30,053 workers (over 16 years of age) in Rapid City. Of these, 93.96% drive to work. Approximately 0.78% of workers in Rapid City take public transportation. An estimated 2.12% walk to work.

Median Rapid City homeowner's housing expences are 17.9%

Crime in Rapid City (2003), crimes per 10,000 residents per year

Type of Crime Rapid City USA, 2003
Violent Crimes
40.6
47.5
Robberies
5.87
14.2
Aggravated Assaults
23.49
29.5
Property Crimes
454.98
358.8
Burglaries
68.62
74.0
Larceny-Thefts
363.55
241.5
Motor Vehicle Thefts
22.82
43.3

Invest in Rapid City Properties

When making a decision about buying real estate in Rapid City South Dakota area, you should consider following statistical data:

Category Rapid City USA
Near Medium City
-
Near Large City
Denver, Colorado
-
Rapid City Zip Codes
57701, 57702, 57703
-
Rapid City Area Codes
605
-
White population
84.33%
75.1%
African-American population
0.97%
12.3%
Asian
1%
3.6%
American Indian & Alaskan
10.14%
0.9%
Hispanic (of any race)
2.77%
12.5%
Median Family Income (1999)
$ 44,818%
$42,000
Population Below Poverty Level
12.29%
12.4%

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