HomeSouth DakotaLincoln CountyTea city
Tea city, South Dakota: commercial real estate data.
Tea city is a Census city of 6,786 people across 3.79 square miles of land, in Lincoln County. Median household income is $120,139, 79.7 percent of occupied homes are owned, and the SBA record carries 23 7(a) approvals to borrowers here worth $9.9 m.
77 sourced place values · tier FULL · 8 sections
Tea
What Tea is
- Census place typecity
- Land area3.79 sq mi
- Water area0 sq mi
- Population per square mile of land1,792
- County holding the largest share of its areaLincoln County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tea
How many people live in Tea
- Population6,786
- Median age30.6
- Population under 182,466
- Share under 1836.3 percent
- Population 65 and over371 plus or minus 133
- Share 65 and over5.5 percent plus or minus 2.0
- Households2,171
- Family households1,839
- Share of households that are families84.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tea
Income and work in Tea
- Median household income$120,139
- Per capita income$41,840
- Civilian labor force3,907
- Employed3,830
- Unemployed77 plus or minus 76
- Unemployment rate2.0 percent plus or minus 1.9
- Adults 25 and over3,765
- Adults 25 and over with a high school diploma or higher98.7 percent
- Adults 25 and over with a bachelor degree or higher47.1 percent
- Adults 25 and over with a graduate degree13.8 percent plus or minus 5.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tea
Housing in Tea
- Housing units2,336
- Occupied units2,171
- Vacant units165 plus or minus 131
- Vacancy rate7.1 percent plus or minus 5.6
- Owner occupied1,731
- Renter occupied440 plus or minus 150
- Ownership rate79.7 percent
- Median owner-occupied home value$351,100
- Median gross rent, monthly$1,220 plus or minus $260
- Annual rent as a share of median income12.2 percent plus or minus 3.3
- Single family units1,989
- Share single family85.1 percent
- Units in buildings of two or more347 plus or minus 166
- Share in buildings of two or more14.9 percent plus or minus 7.0
- Mobile homes0
- Median year structure built2004
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tea
How Tea gets to work
- Workers 16 and over who commute3,008
- Commuting under 15 minutes858 plus or minus 219
- Share commuting under 15 minutes28.5 percent plus or minus 6.8
- Commuting 30 minutes or more373 plus or minus 157
- Share commuting 30 minutes or more12.4 percent plus or minus 5.1
- Drove alone74.6 percent
- Carpooled3.6 percent plus or minus 2.4
- Public transport0.0 percent
- Walked1.1 percent plus or minus 1.1
- Worked from home19.7 percent plus or minus 5.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tea
SBA 7(a) lending to Tea borrowers
- Approvals23
- Gross approval$9,897,800
- Average approval$430,339
- Median approval$226,500
- Ninetieth percentile approval$500,000
- Largest approval$4,800,000
- Jobs supported227
- Jobs per approval9.9
- Loans with a final outcome6
- Paid in full5
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more4.3 percent
- Share to franchises4.3 percent
- Distinct lenders12
- Distinct industries by NAICS20
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Tea
SBA 504 lending to Tea borrowers
- Approvals42
- Gross approval$20,543,000
- Average approval$489,119
- Median approval$351,000
- Largest approval$3,679,000
- Jobs supported277
- Loans with a final outcome16
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term300 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lincoln County, not Tea
Lincoln County context, not Tea figures
These are Lincoln County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Tea measurements.
- Establishments in Lincoln County2,184
- Employment at those establishments, Lincoln County29,283
- Covered employment, Lincoln County29,694
- Average annual pay, Lincoln County$65,125
- Average weekly wage, Lincoln County$1,252
- Housing units permitted, Lincoln County268
- Of those, single family, Lincoln County206
- County product, 2024, Lincoln County$8,822,794,000
- County product change over the prior year, Lincoln County2.0 percent
- Average income of an arriving household, Lincoln County$83,648
Every figure in this section is published for Lincoln County as a whole and is not a measurement of Tea. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Tea questions, answered from the record.
How many people live in Tea, South Dakota?
6,786, in 2,171 households. Tea city covers 3.79 square miles of land, which is 1,792 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Tea in?
Lincoln County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Tea?
$120,139. The median owner-occupied home is valued at $351,100. Median gross rent is $1,220 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Tea businesses?
23 7(a) approvals totalling $9.9 m, across 12 lenders, median approval $226,500, plus 42 504 approvals worth $20.5 m. These count approvals to borrowers whose address is in Tea, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Tea borrowers get paid back?
No rate is published for Tea. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Tea figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lincoln County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Tea.
Is zoning published for Tea?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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