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 is a small city located in the state of South Dakota. The city has a population of 3,137 inhabitants. At 91%, the majority of the Milbank population is White; this is followed by 0% Black and 0% 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.
Living in Milbank can be a good experience for anyone relocating to the town. Having said that, in the state of South Dakota, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Milbank and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, commute, education, employment and other important metrics.
Milbank, SD receives 74/100 for its livability score; this results in a ranking of #22 in South Dakota and #3,465 in the USA. If we consider each of the categories individually, we see that Milbank ranks well for crime (B) and housing (A+). There is at least one category that you should be aware of in Milbank. The following was graded with a discouraging score: amenities (F).
The unemployment rate in Milbank has consistently declined over the years and currently stands well below the national average at 2.57%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Milbank excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Milbank is actually affordable. The median home price for Milbank homes is $134,100, which is 8.6% lower than the South Dakota average. If we take a closer look at the affordability of homes in Milbank, we’ll see that the home price to income ratio is 2.3, which is 17.9% 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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