Wood, South Dakota Median Income

Wood, South Dakota has a population of 71, with a median household income of $38,100.

Current median income data for Wood.

$38,100

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Population

71

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Median Income

$38,100

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Unemployment

7.00%

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Housing Price

$63,100

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Crime Rate

10.80

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Internet Speed

157.80 Mbps

Wood is a small local community located in South Dakota. The city has a population that is below the average city population in South Dakota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Wood is a notable city in South Dakota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Wood has a population of 71, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Wood is $38,100, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Wood is about $63,100, making it relatively affordable compared to many cities in South Dakota.

Employment and Safety

The unemployment rate in Wood is 7.00%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Wood are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in South Dakota, Wood shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Wood offers a balanced mix of economic conditions, population trends, and housing opportunities within South Dakota.

Frequently Asked Questions about Wood

What is the population of Wood?

The population of Wood is approximately 71.

Is Wood a good place to live?

Wood offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Wood?

The median household income in Wood is around $38,100.

How expensive is housing in Wood?

The average housing price in Wood is approximately $63,100.