South Dakota / County

Moving to Milbank Mutual Insurance, SD

Thinking of making a move to Milbank Mutual Insurance, SD? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Milbank Mutual Insurance, SD

Considering a move to Milbank Mutual Insurance, SD? This welcoming community of 3,300 residents offers a blend of suburban charm and convenience, with median home prices around $185,000 and average rents near $760. Commute times average 14 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (57% annually), ideal for families and commuters alike. Explore Milbank Mutual Insurance's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Milbank Mutual Insurance, SD

Milbank Mutual Insurance has a population of 3,300 residents, offering a diverse community with a median age of nearly 44 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 90% White, 1% Black, and 1% Asian residents, and over 5% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
3,300
Density
1,150 per sq mi
Median Age
44.2
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
4.5%

Ethnic Composition

White
89.5%
Black
1.4%
Asian
0.8%
Others
8.3%

Cost Of Living

What is the average cost of living in Milbank Mutual Insurance, SD?

The cost of living in Milbank Mutual Insurance is higher than the national average, with a cost of living index of 84.6. Median home values are around $185,000 and average rents for a two-bedroom apartment are approximately $760. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$185,000
Gross Rent
$760
Monthly Electricity Charges
$132
Auto Insurance
$1,420
House Owner Cost With Mortgage
$1,330
House Owner Cost Without Mortgage
$520
State Taxes
Low: 0.0%| High: 0.0%
Cost Of Living Index
84.6
Grocery
92.1
Housing
70.8
Utilities
96.4
Transportation
87.5
Health Care
93.8
Miscellaneous
88.9

Crime

Is Milbank Mutual Insurance, SD a safe place to live?

Milbank Mutual Insurance is considered a safe community, with a low violent crime rate of 210 incidents per 100,000 residents and a property crime chance of 1 in 70. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in South Dakota.

Violent Crimes Per 100k
210
Property Crimes Per 100k
1,430
Crime Index
1,640
Chance Of Violent Crime
1 in 476
Chance Of Property Crime
1 in 70

Weather

What is the weather like in Milbank Mutual Insurance, SD year-round?

Milbank Mutual Insurance experiences four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 5°F. The area receives about 25 inches of rainfall annually and enjoys sunshine on 57% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
5°F
Max
28°F

Summer

Min
60°F
Max
84°F

Spring

Min
36°F
Max
62°F

Fall

Min
38°F
Max
65°F
Average Rainfall Inches
24.8 inches
Sunny Days Percentage
57%

Neighbors

The neighborhood boasts a healthy median household income of $62,000 and a low poverty rate of 11.8%. Over 92% of residents have at least a high school diploma, and nearly 22% hold a bachelor's degree or higher. Commute times average 14 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$34,500
Household Income
$62,000
Family Income
$78,500
Per Capita Income
$30,200
Income Male
$41,000
Income Female
$33,500
Poverty Rate
11.8%
Non English Speakers
6.2%
Rent
$760
Unemployment Rate
2.9%
Public Transport Usage
1.3%
Commute Time
13.8 minutes

Education

High School or Higher
92.4%
Bachelors or More
21.8%

Education

How are the schools in Milbank Mutual Insurance, SD?

Milbank Mutual Insurance offers quality education options, with public schools like Milbank Elementary School and Milbank Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Lake Area Technical College and South Dakota State University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Milbank Elementary School
Street
1021 E Park Ave
Phone
605-432-5500
Students
420
Student Teacher Ratio
13.8
Name
Milbank Middle School
Street
1001 E Park Ave
Phone
605-432-5510
Students
210
Student Teacher Ratio
14.6

Private Schools

Name
St. Lawrence School
Street
15 S Main St
Phone
605-432-5671
Students
85

Colleges

Name
Lake Area Technical College
City
Watertown
State
SD
Distance
43 miles
Students
2,300
Name
South Dakota State University
City
Brookings
State
SD
Distance
78 miles
Students
12,000

Healthcare

Milbank Mutual Insurance residents have access to quality healthcare, with major hospitals like Milbank Area Hospital Avera and Children's Minnesota - Fergus Falls nearby. The community benefits from a high physician-to-resident ratio of 1.9 per 1,000 people and 92.1% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Milbank Area Hospital Avera
Address
1600 W 4th Ave, Milbank, SD 57252
Phone
(605) 432-4538
Type
Critical Access Hospital
Emergency Services
Yes
Name
Children's Minnesota - Fergus Falls
Address
225 E Vernon Ave, Fergus Falls, MN 56537
Phone
(218) 736-8000
Type
Pediatric & Specialty Care
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.9
Health Insurance Coverage
92.1%
Health Care Index
68.4

Housing Market

What is the housing market like in Milbank Mutual Insurance, SD?

The local housing market is strong, with a median home price of $185,000 and an owner-occupied rate of nearly 68%. The market has seen a 3.1% appreciation over the past year, and rental vacancy rates remain moderate at 7.1%. Milbank Mutual Insurance offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$185,000
Average Rent For 2 Bedroom
$760
Owner Occupied Rate
68.4%
Rental Vacancy Rate
7.1%
Home Appreciation Rate (1yr)
3.1%
New Construction Rate
0.8%
Foreclosure Rate
0.4%

DMV Information

Residents of Milbank Mutual Insurance handle vehicle services through the South Dakota Department of Public Safety, conveniently located in Pierre. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
South Dakota
Department
South Dakota Department of Public Safety
Address
118 W Capitol Ave, Pierre, SD 57501
Phone
(605) 773-3178

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Milbank Mutual Insurance, SD

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Milbank Mutual Insurance, review the core fields on this page: population 3,300, median home value $185,000, average rent for 2 bedroom $760, commute time 13.8 minutes, and sunny days percentage 57%.

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