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New Underwood, South Dakota

city · Pennington County

At a glance

509
Population
$193,800
Median home value (all homes)
36% below U.S. median
$452,051
Typical market value
Zillow, 2026-07
$850/mo
Median rent
37% below U.S. median
$56,250
Median household income
28% below U.S. median
26.9 min
Average commute
76.2%
Homes with broadband
100%
Locations with fiber available
7%
Unemployment

Cost of living (Clay Affordability Index)

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

Housing18% below
Goods & services6% below
Utilities33% above
Taxes68% below
Insurance12% below
Commute cost3% 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 college13 mi
Nearest community college17 mi
Nearest technical college19 mi
High school graduates92.7%
College graduates10.4%

Doing business here

Economic development contacts, most local first:

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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