Pennington County Real Estate and Livability Trends

Pennington County, South Dakota has experienced a notable rise in average taxable income, jumping from $71,510.19 in 2020 to $90,064.33 in 2021, alongside increasing real estate taxes which climbed from $3,791.22 in 2012 to $6,452.05 in 2021. Median home values peaked at $247,800 in 2022, outpacing state and national figures, indicating a robust local market. Crime trends have shown wide... Read more

Economic Outlook

Info Icon
poverty line illustration

Pennington County, South Dakota has seen a significant rise in average taxable income per tax return, jumping from $71,510.19 in 2020 to $90,064.33 in 2021. This, combined with a general increase in state and local income taxes, suggests a potentially flourishing economic landscape. However, there have also been notable fluctuations in poverty rates and total tax liabilities, with the latter peaking at $16,062.75 in 2021. These dynamics could influence property values and investment... Read more

Average Taxable Income per Tax Return in Pennington County, SD over the last 9 years

Pennington County, South Dakota has seen a steady increase in average taxable income per tax return over the last nine years, with a notable spike from $71,510.19 in 2020 to $90,064.33 in 2021. This upward trend suggests a growing economic vitality that could be appealing to investors, potential residents, and real estate developers. Rising incomes may also influence property values and insurance premiums, indicating a gradually strengthening financial landscape in the area.

Cost of Living in Pennington County

Family Size Housing Food Heath Care Child Care Taxes
2 adults
4 children
$1,374 $1,568 $2,760 $1,227 $1,215
1 adult
4 children
$1,374 $1,281 $2,126 $1,227 $1,297
2 adults
3 children
$1,374 $1,281 $2,387 $1,227 $970
1 adult
3 children
$1,374 $1,046 $1,753 $1,227 $1,032
2 adults
2 children
$995 $1,049 $2,014 $1,077 $770
1 adult
2 children
$995 $783 $1,380 $1,077 $710
2 adults
1 child
$995 $829 $1,642 $590 $730
1 adult
1 child
$995 $535 $1,007 $590 $572
2 adults
$756 $666 $1,269 $0 $598
1 adult
$665 $363 $634 $0 $475

Safety trends & Data

Info Icon
safety trends illustration

Pennington County, South Dakota, shows fluctuating property crime trends over the past five years. Larceny-theft incidents peaked at 416 in 2018 but dropped to 128 in 2021, slightly rebounding to 250 in 2022. Fraud incidents followed a high of 521 in 2018 but decreased to 332 by 2022. Burglary saw a notable spike from 42 incidents in 2018 to 69 in 2022, while vandalism remained relatively stable with minor fluctuations between 83 and 121 incidents annually. These crime trends suggest that... Read more

Property Crime Trends in Pennington County, SD Over the Last 5 Years

The data on property crime trends in Pennington County, South Dakota, reveals fluctuating incidences over the last five years. Larceny-theft consistently presents the highest numbers, peaking at 416 incidents in 2018 and dropping to 128 by 2021 but slightly rebounding to 250 in 2022. Fraud incidents saw a high of 521 in 2018 before gradually decreasing to 332 by 2022. Burglary has varied, with 42 incidents in 2018 and a noticeable spike to 69 in 2022, while vandalism has remained relatively stable, with minor fluctuations between 83 and 121 incidents annually. Duplexes, commercial buildings, and retail outlets might benefit from enhanced security measures given these trends, impacting insurance assessments and property values.

Demographics

Info Icon
age groups illustration

Pennington County, South Dakota's demographic trends suggest a nearly balanced gender distribution, which may indicate a stable workforce and consumer base. Educational attainment features a large proportion of high school graduates, alongside a significant number holding bachelor's and graduate degrees. This points to a potentially well-educated population that might drive various economic and cultural activities. The age distribution leans slightly towards a middle-aged population, hinting at... Read more

Race Distribution in Pennington County, South Dakota (2022)

Educational Attainment in Pennington County, South Dakota (2022)

Age Distribution in Pennington County, South Dakota

Citizen Population in Pennington County, South Dakota (2022)

Political Trends & Data

Info Icon
policy data illustration

Pennington County, South Dakota, leaned heavily Republican in the 2020 Presidential Election, with roughly 61% of the votes favoring the GOP. Democrats pulled around 36%, and the Libertarian Party captured over 3%. These numbers highlight a significant Republican stronghold, but the variety in party support suggests some political diversity among local... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

Pennington County, South Dakota, exhibited a tendency towards Republican preferences in the 2020 U.S. Presidential Election, with approximately 61% of votes cast in favor of the Republican Party. The Democratic Party garnered around 36%, while the Libertarian Party received just over 3%. These figures suggest a strong Republican leaning in this county, though the presence of multiple parties indicates a diversity of political affiliations among the electorate.

60.96% of voters voted for the Republican party in the 2020 Presidential Election

35.83% of voters voted for the Democrat party in the 2020 Presidential Election

3.21% of voters voted for the Livertarian party in the 2020 Presidential Election

School Data

Info Icon
school data illustration

Pennington County, South Dakota has seen its student-to-teacher ratio fluctuate significantly over the past decade, peaking at 28 students per teacher in 2021. While it typically hovers just above the national average of 14 students per teacher, recent stabilization around 15 indicates a possible return to more manageable classroom sizes. These trends are crucial for property investors and families prioritizing education, as higher ratios might suggest challenges in educational quality or... Read more

Student-to-teacher ratio in Pennington County, South Dakota over the last 10 years

Over the past decade, Pennington County, South Dakota has showcased fluctuations in its student-to-teacher ratio, peaking significantly in 2021 with a ratio of 28 students per teacher, a stark departure from the year-to-year trends. Despite the spike, ratios have otherwise hovered around or just above the national average of 14 students per teacher, with recent years stabilizing around 15. These changes could impact property investment attractiveness, school funding evaluations, and real estate market decisions, particularly for families prioritizing education. Elevated ratios might signal challenges in educational quality or funding which could deter potential movers or affect property values.