Milbank is a city in South Dakota state in USA with a population of 3166 residents.. The poverty rate of Milbank is 8.9%, which is 36% lower than national average. The typical household in Milbank earns $42383 a year, compared to the national median of $67,500. Nearly 55.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Milbank, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Milbank remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Milbank, only 26% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Milbank is 0, which is 100% lower than national average. Median home value in Milbank is $130600 , which is 43% lower than national average. While median income in Milbank remained $42383, which is 37% lower than national average.