Median Income
$60,000
household / year
Median Home Value
$106,300
owner-occupied
Median Rent
$964
gross / month
Cost of Living
91
national avg = 100

Is Faulkton, SD a Good Place to Live?

Faulkton is a small town of 672 in South Dakota, with a median household income of $60,000 and a 9.5% unemployment rate. Its cost of living index is 91 (US average = 100), which is 9% below the national average.

Strengths: Faulkton stands out for an affordable cost of living, below-average home prices, solid school ratings (B), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Faulkton is right for you depends on your priorities — the full breakdown is below.

All Faulkton city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 90.7

Faulkton's overall cost of living index is 90.7, where 100 represents the US national average. Living in Faulkton costs roughly 9% less than the average American city.

Metric Faulkton, SD National Avg
Median Home Value $106,300 $244,900
Median Monthly Rent $964 $1,163
Homeownership Rate 72.6% 65.9%
Median Household Income $60,000 $74,755

Crime & Safety

Crime data for Faulkton is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Faulkton is served primarily by Faulkton Area Schools 24-4. The student-to-teacher ratio is 11.2:1 (better than the national average of ~16:1).

Metric Faulkton, SD National Avg
School District Faulkton Area Schools 24-4 —
Elementary Schools 4 —
Middle Schools 1 —
High Schools 2 —
Student/Teacher Ratio 11.2:1 16:1
Bachelor's Degree or Higher 20.0% 35.4%
High School Diploma or Higher 85.4% 91.1%

Weather & Climate

Faulkton sees average highs of 24.0°F in January and 84.5°F in July, with 22.0 inches of annual precipitation and 43.7 inches of snow per year.

MetricFaulkton, SD
Average High — January24.0°F
Average High — July84.5°F
Annual Precipitation22.0"
Annual Snowfall43.7"

Demographics

MetricFaulkton, SDNational Avg
Population672—
Median Age41.238.9
Unemployment Rate9.5%3.7%
Avg Commute Time10.0 min26 min
White (non-Hispanic)94.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1823.1%22.2%
65 and over28.4%16.8%

Nearby Cities

ZIP Codes in Faulkton

Faulkton, SD is covered by 1 ZIP code:

Faulkton vs Other Cities

Frequently Asked Questions

Faulkton's cost of living index is 91, where 100 is the national average. That makes Faulkton roughly 9% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $106,300 and median rent is $964/month.
Crime data for Faulkton is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Faulkton are operated by Faulkton Area Schools 24-4. The district has 4 elementary, 1 middle, and 2 high schools. The student-to-teacher ratio is 11.2:1. 20.0% of adults 25+ hold a bachelor's degree or higher.
Faulkton, SD has a population of 672, a median household income of $60,000, and an unemployment rate of 9.5%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Faulkton averages 24.0°F in January and 84.5°F in July. Annual rainfall is 22.0 inches with about 43.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Faulkton, SD is covered by 1 ZIP code: 57438.
The population of Faulkton, South Dakota is 672 with a median age of 41.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Faulkton: cost of living index 91 (100 = US average), median home $106,300, median household income $60,000, schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Faulkton side by side with your current city to see the trade-offs.