Spearfish is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in Spearfish enrolled in college, Spearfish has a number of services, amenities and opportunities geared towards the needs and activities of students.
Spearfish, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
Compared to the rest of the country, citizens of Spearfish spend much less time in their cars: on average, their commute to work is only 16.80 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.
The education level of Spearfish ranks among the highest in the nation. Of the 25-and-older adult population in Spearfish, 45.23% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Spearfish in 2022 was $44,700, which is wealthy relative to South Dakota and the nation. This equates to an annual income of $178,800 for a family of four. However, Spearfish contains both very wealthy and poor people as well.
The people who call Spearfish home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Spearfish residents report their race to be White, followed by Native American. Important ancestries of people in Spearfish include German, Norwegian, Irish, English, and Swedish.
The most common language spoken in Spearfish is English. Other important languages spoken here include Spanish and Native American languages.
