Everything You Should Know Before Moving to Milbank, SD
Thinking about relocating to Milbank, SD? This friendly city of 3,270 residents offers a low cost of living, with median home prices around $150,000 and average rents under $700. Milbank boasts a crime rate well below the national average, short 13-minute commutes, and a close-knit community feel. With quality public schools, a local hospital, and four-season weather featuring 60% sunny days, Milbank is a great choice for those seeking affordability and small-town charm.
Demographics - Milbank, SD
Demographics - Milbank, SD
Milbank, SD is home to about 3,270 residents, with a median age of 44 and a balanced gender ratio. The city is predominantly White, with over 96% of the population, and has a small percentage of non-English speakers, reflecting a close-knit and homogenous community.
Population:
3,270
Density:
1,220 per sq mi
Median Age:
44.1
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
3.1%
Ethnic Composition
White:
96.7%
Black:
0.3%
Asian:
0.5%
Others:
2.5%
Cost Of Living
What is the average cost of living in Milbank, SD?
Milbank offers an affordable cost of living, with a median home value of $150,000 and average rents around $690 per month. The overall cost of living index is 82.5, well below the national average, and residents benefit from low utility and transportation costs as well as no state income tax.
Median House Value:
$150,000
Gross Rent:
$690
Monthly Electricity Charges:
$115
Auto Insurance:
$1,125
House Owner Cost With Mortgage:
$1,050
House Owner Cost Without Mortgage:
$420
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
82.5
Grocery:
94.1
Housing:
66.0
Utilities:
96.5
Transportation:
87.5
Health Care:
97.2
Miscellaneous:
88.0
Crime
Is Milbank, SD a safe place to live?
Milbank enjoys a low crime rate, with only 102 violent crimes and 1,230 property crimes per 100,000 residents. The chances of experiencing violent or property crime are significantly lower than in larger cities, making Milbank a safe place to live.
Violent Crimes Per 100k:
102
Property Crimes Per 100k:
1,230
Crime Index:
1,332
Chance Of Violent Crime:
1 in 980
Chance Of Property Crime:
1 in 81
Weather
What is the weather like in Milbank, SD year-round?
Milbank experiences four distinct seasons, with cold winters that can dip to 5°F and warm summers reaching up to 83°F. The area receives about 24 inches of rainfall annually and enjoys sunny weather 60% of the year, offering a pleasant climate for outdoor activities.
Winter
Min:
5°F
Max:
28°F
Spring
Min:
32°F
Max:
62°F
Summer
Min:
57°F
Max:
83°F
Fall
Min:
35°F
Max:
65°F
Average Rainfall Inches:
23.6 inches
Sunny Days Percentage:
60%
Neighbors
Residents of Milbank have a typical household income of around $59,000 and a poverty rate just above 10%. Most people commute about 13 minutes to work, and over 92% of adults have at least a high school diploma, reflecting a stable and educated local community.
Median Income:
$31,800
Household Income:
$58,900
Family Income:
$71,200
Per Capita Income:
$29,200
Income Male:
$40,700
Income Female:
$32,300
Poverty Rate:
10.8%
Non English Speakers:
3.1%
Rent:
$690
Unemployment Rate:
3.1%
Public Transport Usage:
0.2%
Commute Time:
13.2 minutes
Education
High School or Higher:
92.4%
Bachelors or More:
21.5%
Education
How are the schools in Milbank, SD?
Milbank offers quality education through its public schools, which have favorable student-teacher ratios and serve all grade levels. Private schooling is also available, and higher education options can be found nearby at Lake Area Technical College, just 29 miles away.
Public Schools
Name:
Milbank High School
Street:
1001 E Park Ave
Phone:
605-432-5546
Students:
315
Student Teacher Ratio:
13.5
Name:
Milbank Middle School
Street:
1001 E Park Ave
Phone:
605-432-5519
Students:
220
Student Teacher Ratio:
14.3
Name:
Koch Elementary School
Street:
101 2nd Ave S
Phone:
605-432-6615
Students:
390
Student Teacher Ratio:
14.1
Private Schools
Name:
St. Lawrence School
Street:
410 W 8th Ave
Phone:
605-432-5673
Students:
130
Colleges
Name:
Lake Area Technical College
City:
Watertown
State:
SD
Distance:
29 miles
Students:
2,600
Healthcare
Milbank is served by Milbank Area Hospital Avera, providing general and emergency care for residents. With 1.8 physicians per 1,000 people and nearly 90% health insurance coverage, the city offers accessible healthcare services for its small population.
Major Hospitals
Name:
Milbank Area Hospital Avera
Address:
901 E Virgil Ave, Milbank, SD 57252
Phone:
(605) 432-4538
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.8
Health Insurance Coverage:
89.0%
Health Care Index:
78.0
Housing Market
What is the housing market like in Milbank, SD?
Milbank's housing market is quite affordable, with a median home price of $150,000 and an average rent of $690 for a two-bedroom. The majority of homes are owner-occupied, and the area sees low foreclosure and vacancy rates, indicating a stable real estate environment.
Median Home Price:
$150,000
Average Rent For 2 Bedroom:
$690
Owner Occupied Rate:
73.4%
Rental Vacancy Rate:
6.7%
Home Appreciation Rate (1yr):
3.9%
New Construction Rate:
0.8%
Foreclosure Rate:
0.4%
DMV Information
Residents of Milbank handle driver licensing and vehicle matters through the South Dakota Department of Public Safety, with resources available online or at the Sioux Falls office. The DMV provides essential services for licensing, registration, and renewals.
State:
South Dakota
Department:
South Dakota Department of Public Safety - Driver Licensing
Address:
811 E. 10th St., Dept. 403, Sioux Falls, SD 57103
Phone:
1-605-773-6883
Website:
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.