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Hot Springs, South Dakota

city · Fall River County

At a glance

3,548
Population
$202,600
Median home value (all homes)
33% below U.S. median
$340,420
Typical market value
Zillow, 2026-07
$897/mo
Median rent
33% below U.S. median
$66,338
Median household income
16% below U.S. median
13.5 min
Average commute
83.6%
Homes with broadband
99.67%
Locations with fiber available
1.8%
Unemployment

Cost of living (Clay Affordability Index)

CAI 86 — 14% below the national average. how it's computed

Housing16% below
Goods & services6% below
Utilities22% above
Taxes68% below
Insurance12% below
Commute cost51% 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 college43 mi
Nearest community college47 mi
Nearest technical college46 mi
High school graduates87.1%
College graduates28.9%

Doing business here

Economic development contacts, most local first:

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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Fairburn, SD 22 mi · pop 61 · $85k