Facts About Rapid City
The typical household size in Rapid City, MI is 2.84 family members members, with 83.1% being the owner of their own residences. The mean home cost is $134065. For those people renting, they pay out an average of $729 monthly. 41.2% of families have two incomes, and a median household income of $50952. Average individual income is $25440. 23% of citizens survive at or beneath the poverty line, and 16% are considered disabled. 12.3% of residents are veterans associated with US military.
The work force participation rate in Rapid City is 51.6%, with an unemployment rate of 6.4%. For anyone located in the labor force, the common commute time is 24.3 minutes. 6% of Rapid City’s residents have a masters diploma, and 7.1% have a bachelors degree. For many without a college degree, 33.5% have some college, 43.7% have a high school diploma, and just 9.7% have received an education significantly less than twelfth grade. 11.9% are not included in medical health insurance.
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