Apartments for rent in New Underwood, SD

The small town of New Underwood, South Dakota is home to slightly less than 1,000 residents. Retirees are common, as they account for 18% of the population compared to 14% nationally. Home ownership is more common than renting in New Underwood, and 11% of residents rent. With a relatively low average rent of $464/month in the town, renting remains an affordable option, particularly compared to other cities in South Dakota. Over the course of a year, renters in New Underwood will save around $3,500 compared to the state average.

Many New Underwood residents work in one of three industries: healthcare, retail, and construction. Combined, these industries make up 21% of the town's labor force. Meanwhile, looking at job function, many of the town's workers are in transportation, as 8% of the town's population reports this as their field of work, the highest number of any career path. New Underwood workers bring in an average annual income of about $79K, around $13,000 more than the average South Dakota resident. The town's average income also compares favorably to the national average ($73,345). Eighteen percent of New Underwood residents older than 25 have earned a Bachelor's, Master's, Professional, or Doctoral degree.

Averaging about 25 minutes, the commute time for New Underwood residents is longer than the South Dakota average of about 18 minutes. Driving a car or truck is the prevailing mode of getting to work, chosen by 46% of commuters, while public transportation isn't used. Relatively few residents (3%) walk to work, though the number surpasses the national average.