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Faulkton, SD 57438 has a population of approximately 1,508 and experiences a population change rate of -9.32%. The population density is 3.2 / sq mi .
The median household income for Faulkton, SD 57438 is $66,172, with 397 households and an average household size of 2.32.
The median value of a home in Faulkton, SD 57438 is $123,300 with an appreciation rate of 17.20%. 56.76% of housing in the state is owned while 14.77% is rented.
The cost of living in Faulkton, SD 57438 is 78.9 %.
The unemployment rate in Faulkton, SD 57438 is 1.90%, and recent job growth is at 3.01%. Future job growth is projected at 45.27%.
The sales tax rate in Faulkton, SD 57438 is 6.50%, while the income tax rate is 0.00% .
School expenditures in Faulkton, SD 57438 are $31,671, and the school ratio is 12.2:1.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 4.4 degrees. The average rainfall is approximately 21.1 inches per year, with 33.3 inches of snow per year.