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Ramona, South Dakota

town · Lake County

At a glance

538
Population
$85,800
Median home value (all homes)
72% below U.S. median
$317,192
Typical market value
Zillow, county-wide, 2026-07
$675/mo
Median rent
50% below U.S. median
$78,750
Median household income
0% above U.S. median
15.6 min
Average commute
66.9%
Homes with broadband
100%
Locations with fiber available
0.3%
Unemployment

Cost of living (Clay Affordability Index)

CAI 75 — 25% below the national average. how it's computed

Housing54% below
Goods & services6% below
Utilities4% above
Taxes68% below
Insurance12% below
Commute cost44% 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 college9 mi
Nearest community college44 mi
Nearest technical college46 mi
High school graduates71.1%
College graduates13.7%

Doing business here

Economic development contacts, most local first:

city Lake Area Improvement Corp
The Madison Area Development Corporation (MADC) is a nonprofit organization focused on supporting economic development in Lake County, South Dakota. It connects businesses with the information, resources, and local insight they need when considering expansion or relocation, including workforce data, available sites, and relevant programs.
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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