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Milbank, South Dakota

city · Grant County

At a glance

3,525
Population
$155,000
Median home value (all homes)
49% below U.S. median
$241,980
Typical market value
Zillow, 2026-07
$548/mo
Median rent
59% below U.S. median
$56,011
Median household income
29% below U.S. median
9.1 min
Average commute
82.4%
Homes with broadband
99.96%
Locations with fiber available
1.4%
Unemployment

Cost of living (Clay Affordability Index)

CAI 80 — 20% below the national average. how it's computed

Housing31% below
Goods & services6% below
Utilities11% below
Taxes68% below
Insurance12% below
Commute cost67% 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 college44 mi
Nearest community college31 mi
Nearest technical college111 mi
High school graduates93.1%
College graduates31.2%

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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