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Wakonda, South Dakota

town · Clay County

At a glance

399
Population
$107,100
Median home value (all homes)
65% below U.S. median
$257,619
Typical market value
Zillow, 2026-07
$807/mo
Median rent
40% below U.S. median
$61,250
Median household income
22% below U.S. median
23.3 min
Average commute
86.9%
Homes with broadband
8.8%
Locations with fiber available
0%
Unemployment

Cost of living (Clay Affordability Index)

CAI 78 — 22% below the national average. how it's computed

Housing47% below
Goods & services6% below
Utilities27% above
Taxes68% below
Insurance12% below
Commute cost16% 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 college18 mi
Nearest community college42 mi
Nearest technical college18 mi
High school graduates89.9%
College graduates20.5%

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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