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South Dakota Profiles

The South Dakota of today is characterized by...

  • Strong work ethic and high productivity workforce
  • #1 business tax climate in America
  • Accessibility to leaders to get the job done

Workforce

  • Prepared: We annually have a steady supply of young workers eager for the opportunity to make a living in South Dakota.We’re committed to equipping our youth with the skills they need for their future.
  • Productive: #3 Most Productive Workforce

Business climate
#1 State Business Tax Climate (Tax Foundation)
#1 Environment for Entrepreneurs (Small Business & Entrepreneurship Council)
#1 Small City for Business: Sioux Falls; #11: Rapid City (Forbes)
#8 Corporate Business Environment (Pollina Corporate Real Estate)
#8 BHI Competitiveness Index (Beacon Hill Institute for Public Policy Research)

Population

Total Population

926,163

Population
Growth Rate

0.80%

Median Age

38

Diversity Index

41.200

Source: ESRI, 2024-09-18

Housing & Income

Households

366,642

Total Housing Units

413,492


Owner Occupied

245,122

Renter Occupied

121,520

Vacant

46,850

Median Home Value

$271,756


Average Home Value

$326,340

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.81%

Income Projection

Median Household

$72,722 $82,484


Average Household

$95,640 $109,683


Per Capita

$37,979 $43,615

Source: ESRI, 2024-09-18

Workforce

Total Businesses

45,708

Total Employed

519,229

Workers 16+

449,118

2024 HealthCare / Social Assistance

cp-industries

Businesses

4,546

Employed

88,622

2024 Retail Trade Businesses

cp-industries

Businesses

5,372

Employed

59,768

2024 Accommodation / Food Service

cp-industries

Businesses

3,059

Employed

45,443

2024 Educational Services - Businesses

cp-industries

Businesses

1,237

Employed

45,282

2024 Manufacturing Businesses

cp-industries

Businesses

1,377

Employed

43,563

2024 Public Administration

cp-industries

Businesses

3,320

Employed

40,620

Some
High School

22,652

Graduated
High School

149,010

Associates
Degree

91,324

Bachelor's
Degree

138,413

Graduate
Degree

61,192

Average Commute Time

17 min.



Resident Commuters

355,465

Non-Resident Commuters

82,749

Drive Alone

354,015

Carpooled

35,206

Public

1,734

Work At Home

38,313

Source: ESRI, 2024-09-18
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The GROW South Dakota Organizations have had a Remarkable Few Years!

NESDEC closed over 70 business loans for a total of $7.38M in 2023!

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GROW South Dakota

GROW South Dakota
104 Ash Street East
Sisseton, SD  57262
Phone (605) 698-7654
Fax (605) 698-3038 info@growsd.org