Platte, South Dakota

Population

Down 4.4% since 2020.

1,230

people, the 55th-largest of South Dakota's cities and towns.

Census Population Estimates, 2025. Rank among South Dakota's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

7 in 10 jobs here go to people who live somewhere else.

73.7%

of 780 jobs located in Platte are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Rent

Median rent is up 102% since the 2005–2009 survey, before inflation.

$832

a month. South Dakota's median is $946.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent jumps $113.

A $113 gap between neighbors, the sharpest rent edge between adjacent tracts in Charles Mix County.

• $725 Tract 9402
• $838 Tract 9701

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

Local wages can carry more rent than the median charged today.

$851–$1,276

is the monthly rent range local workforce wages support.

• $832 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 0 homes permitted, 2022–2025
• 96% of all homes were built before 2000

Census Building Permits Survey, 2022–2025; Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.2–1.3% to the 596 homes here.

1–8

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 30% less than South Dakota's.

$179,200

median home value in Platte.

• $179,200 Platte
• $257,400 South Dakota
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year