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Rapid City has a population of approximately 73,942 and experiences a population change rate of 24.05%. The population density is 1,356.1 / sq mi .
The median household income for Rapid City is $58,072, with 30,737 households and an average household size of 2.29.
The median value of a home in Rapid City is $292,500 with an appreciation rate of 18.10%. 56.76% of housing in the state is owned while 35.09% is rented.
The cost of living in Rapid City is 98.1 %.
The unemployment rate in Rapid City is 1.90%, and recent job growth is at 0.81%. Future job growth is projected at 43.19%.
The sales tax rate in Rapid City is 6.50%, while the income tax rate is 0.00% .
School expenditures in Rapid City are $10,333, and the school ratio is 15.1:1.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 18.2 inches per year, with 38 inches of snow per year.
