Milbank, South Dakota
Moving to or Living in Milbank Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Milbank, South Dakota
Moving to Milbank In South Dakota ? Find out the best and worst about to live, raise a family or retire in Milbank, the Pros and Cons of Living in Milbank.
Explore the life in Milbank based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Milbank, South Dakota
Is Milbank, South Dakota a good place to live?
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.
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.
Population
3166
Unemployment
4.8%
Poverty
8.9%
Overall Score
6
Median Home
$130600
43%
NAT AVG.
Median Income
$42383
37%
NAT AVG.
Median Rent
$617
47%
NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 21
People Earning < $10,000
1 in 91
People Earning < $50,000
55.5%
People with <= High School
1 in 2.5
People With Any Degree
1 in 2.5
Pros & Cons Overview
Jobs60%
Housing50%
Affordability80%
Safety70%
Amenities70%
Diversity60%
Education80%
Commute100%
Gender
| Gender | Milbank | South Dakota | Country |
|---|---|---|---|
| Female | 50.4% | 49.6% | 50.8% |
| Male | 49.6% | 50.4% | 49.2% |
Gender
Household Income
| Income | Milbank | South Dakota | Country |
|---|---|---|---|
| Less than $10,000 | 1.1% | 5.3% | 5.8% |
| $10,000 to $14,999 | 8% | 4.1% | 4.1% |
| $15,000 to $24,999 | 11.2% | 8.7% | 8.5% |
| $25,000 to $34,999 | 8.7% | 10% | 8.6% |
| $35,000 to $49,999 | 26.5% | 13.6% | 12.0% |
| $50,000 to $74,999 | 14.9% | 19.1% | 17.2% |
| $75,000 to $99,999 | 14.9% | 14.6% | 12.8% |
| $100,000 to $149,999 | 3.3% | 15.1% | 15.6% |
| $150,000 to $199,999 | 5.9% | 5.1% | 7.1% |
| $200,000 or more | 5.5% | 4.4% | 8.3% |
Education
| Education | Milbank | South Dakota | Country |
|---|---|---|---|
| < 9th Grade | 3% | 3% | 5.0% |
| 9-12th Grade | 5% | 5% | 7.0% |
| High School or GED | 32% | 30% | 27.0% |
| Other College | 20% | 21% | 20.0% |
| Associate's Degree | 14% | 12% | 9% |
| Bachelor's Degree | 19% | 20% | 20.0% |
| Master's Degree | 6% | 6% | 9.0% |
| Professional Degree | 1% | 2% | 2.0% |
| Doctorate Degree | 0% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
| Ethnicity | Milbank | South Dakota | Country |
|---|---|---|---|
| White | 87.8% | 81.3% | 60.1% |
| African American | 0.2% | 2.1% | 12.2% |
| American Indian | 1.3% | 8.2% | 0.6% |
| Asian | 0% | 1.4% | 5.6% |
| Hawaiian | 0% | 0.1% | 0.2% |
| Other | 0% | 0.1% | 0.3% |
| Multiracial | 2.2% | 2.7% | 2.8% |
| Hispanic | 8.5% | 4.1% | 18.2% |