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Rapid City city, SD
ZIP 57703 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Rapid City city, SD (57703)
Median Income
$84,495
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,077
Wealth inflow
Population
17,543
Unemployment
2.5%
1.3pp below US avg
IRS migration statistics show a net inflow of about 1,077 for ZIP 57703 (Rapid City city, SD) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 57703 (2020–Present)
Since 2020, population declined 1.2%, median income rose 5.2% (inflation-adjusted), home values increased 19.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $84,495 |
| Unemployment | 2.5% |
| Establishments | 401 |
| Employees | 5,274 |