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Elk Point, South Dakota

city · Union County

At a glance

2,537
Population
$248,500
Median home value (all homes)
18% below U.S. median
$293,679
Typical market value
Zillow, 2026-07
$90,473
Median household income
15% above U.S. median
20.9 min
Average commute
87.4%
Homes with broadband
96.04%
Locations with fiber available
3%
Unemployment

Cost of living (Clay Affordability Index)

CAI 90 — 10% below the national average. how it's computed

Housing0% below
Goods & services7% below
Utilities0% below
Taxes68% below
Insurance12% below
Commute cost25% below
For business: South Dakota is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college14 mi
Nearest community college22 mi
Nearest technical college19 mi
High school graduates96.3%
College graduates29.4%

Doing business here

Economic development contacts, most local first:

county Dakota Dunes Development Co
state South Dakota Prairie Gateway
state South Dakota Rural Enterprise
Dakota Resources is an intermediary serving rural economic development organizations (EDOs), providing flexible financing, leadership coaching, collaborative networks, and real-time resources to strengthen EDOs and rural communities.
state South Dakota's Governor's Office of Eco Dev
GOED provides financing, research, networking, and other resources to help new and existing businesses flourish in South Dakota.
State sales taxYes
State income taxNone
Right-to-work stateYes

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