Black Hills Knowledge Netowork

A study found the average owner-occupied house in Lead costs $73,250.
A study found the average owner-occupied house in Lead costs $73,250.
Black Hills Knowledge Network photo/Chelsea Gortmaker
April 28, 2016

Lead-Deadwood Housing Study Shows High Commuter Rate

The vast majority of workers in Lead and Deadwood commute to their jobs, and community leaders are forming a strategy to add affordable rental housing to both communities, reports the Black Hills Pioneer

In Lead, 75 percent of the city's 650 workers commute to work, while in Deadwood it is more than 95 percent of the city's 2,498 workers. The findings came from a study commissioned by the Deadwood Lead Economic Development Corp. The study found that almost half of Lead's 613 rental units are more than 35 years old, with 54 percent of Deadwood's 368 rental units that old. No new rental units have been built in either community for 15 years. 

The study projects that by 2020 Lead will add 72 households, while Deadwood will add 38, precipitating the need for about 42 new rental units based on a 40 percent rate of renting vs. owning. 

Download the full study. Read more about Housing on the Black Hills Knowledge Network


Related items

  • Lead-Deadwood School Board Announces Vacancy

    Board member Bob Nelson, Jr. submitted his resignation to the Lead-Deadwood School Board at its October 8th meeting, reports the Black Hills Pioneer. It was…
  • Black Hills Energy Donates $25K To Booth Society, Inc.

    Black Hills Energy recently donated $25,000 to the Booth Society, Inc. – the nonprofit group that supports the D.C. Booth Historic National Fish Hatchery and…
  • 2019-2020 Budget Approved For Deadwood’s Outlaw Square

    At its July 15th meeting, the Deadwood City Commission approved a $847,150 budget for the city’s Outlaw Square project for July 1st through December 31st,…

Get Involved!

  • Need more information? Rapid City Public Library associates are standing by to answer your questions! Ask away in the box below during business hours for live feedback.

    For more on this feature, click here.

  • bhkn donate

    Enjoy our work? Donate today to ensure that community members will have access to our wealth of news, history, and data for years to come.

  • 211 logoDid this post inspire you to get involved? Visit our partner 211's Volunteer Database to find volunteer opportunities in your community.

525 University Loop, Suite 202
Rapid City, SD 57701
(605) 716-0058   [email protected]