Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Ratings
Polls and surveys done by AreaVibes among area residents did not yield positive feedback when it came to the walkability of amenities, safety, nearby parks and the overall sense of community.
Milbank, South Dakota is a small-sized city with a population of 3,218 inhabitants. If we look at the most recent Census, Milbank is known to have a predominantly White population. The next two most common races are Black and Asian. If you are looking for a family friendly city, Milbank might be a good fit as 74% of the population over 15 years old are married, and 37% have kids who are 18 years old or younger. Not a fan of sitting in traffic during your commute to work? Milbank offers shorter work commutes, with an average one-way commute time taking only 11 minutes, far lower than the national average of 26 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Milbank, South Dakota could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like cost of living, health & safety, employment and other key data points, finding the best places to live in Milbank and in the areas around Milbank is a much easier task.
Milbank has a livability score of 76/100 and is ranked #19 in South Dakota and #3,009 in the USA. This is a fantastic score, as Milbank ranks well in multiple categories! For each of the livability categories, we can establish that Milbank ranks very well for crime (A-) and housing (A+). On a more negative note, Milbank does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Milbank has an unemployment rate of 2.7% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Milbank apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Milbank real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Milbank. Median real estate prices in Milbank come in at $234,980, which is 9.8% lower than the South Dakota average. The home price to income ratio compares the median home prices to the median household income. In Milbank, the home price to income ratio is 2.7, which is 18.2% lower than the South Dakota average.
| Statistic | Milbank | South Dakota | National |
| Average one way commute | 11min | 17min | 26min |
| Workers who drive to work | 84.2% | 79.6% | 76.4% |
| Workers who carpool | 9.9% | 9.1% | 9.3% |
| Workers who take public transit | 0.0% | 0.5% | 5.1% |
| Workers who bicycle | 0.6% | 0.5% | 0.6% |
| Workers who walk | 1.9% | 3.8% | 2.8% |
| Working from home | 3.4% | 5.5% | 4.6% |
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