Sioux Falls: Economy & Jobs
Households in Sioux Falls earn a median $75,970 (about the same as Minnehaha County median $76,880; about the same as South Dakota median $74,625), with homes at a median value of $292,400. The surrounding county supports 29,694 jobs (avg $65,125).
- $124,882 avg taxable income per return — higher than the median household income.
Income & Affordability
Median household income $75,970 — near the South Dakota median ($74,625). Poverty rate 9.6% (U.S. average ~12.5%).
| Affordability · Price To Income Ratio | 3.8× |
|---|---|
| Affordability · Rent To Income Pct | 16.3% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | affordable |
| Irs Income · IRS tax returns filed | $35,390 |
| Irs Income · Total Adjusted Gross Income (thousands) | $4,419,568 |
| Irs Income · Average AGI per return | $124,882 |
| Irs Income · Year | 2022 |
| Income Estimate | $85,137 |
| Median Household Income | $75,970 (vs South Dakota $74,625) |
| Poverty Rate | 9.6% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | mixed |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | upper-middle |
| Economic Character · Median Income | $75,970 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.9% — below the U.S. average of ~4%. 11% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 17.00 |
|---|---|
| Commuter Profile · Work From Home Pct | 10.6% |
| Commuter Profile · Profile | short commute |
| Employment · Avg annual employment (county) | 29,694 |
| Employment · Total annual wages (county) | $1,933,814,617 |
| Employment · Average annual pay | $65,125 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 444,400 |
| Unemployment Rate | 1.9% (vs South Dakota 3.3%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 195 |
|---|---|
| Agriculture · Land In Farms Acres | 16,713 |
| Agriculture · Avg Farm Size Acres | 85.70 |
| Agriculture · Top Commodities | Crop Totals, Animal Totals, Grain, Corn, Soybeans |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 2,091 |
| Business Patterns · Total Employees | 27,234 |
| Business Patterns · Annual Payroll Thousands | 1,699,500 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 8 |
|---|---|
| Local Businesses · Gas Stations | 20 |
| Local Businesses · General Merchandise | 8 |
| Local Businesses · Pet Stores | 3 |
| Local Businesses · New Car Dealers | 4 |
| Local Businesses · Used Car Dealers | 11 |
| Local Businesses · Beauty Salons | 15 |
| Local Businesses · Pet Grooming | 9 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 20 |
|---|---|
| Dining Scene · Fast Food | 30 |
| Dining Scene · Bars | 17 |
| Dining Scene · Coffee Snacks | 17 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (20)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (5)
| Nearest Snap · Name | Onestop North Cliff |
|---|---|
| Nearest Snap · Total In Area | 176 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | GREATER SIOUX FALLS CHAMBER OF COMMERCE |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $405,355,570 |
|---|---|
| Federal Spending · Per Capita | 6,220.83 |
| Federal Spending · Population | 65,161 people |
Sources: USAspending API
Other
| Job Training · Total count | 2 |
|---|---|
| Pct Drove Alone | 78.1% |
| Pct Public Transit | 1.9% |
| Pct Walked | 10.6% |
| Retirement Score · Median age | 35.5 years (vs South Dakota 38.2y) |
| Retirement Score · Ss Household Pct | 24.1% |
| Retirement Score · Hospitals Nearby | 2 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Affordable | Yes |
| Retirement Score · Factors | hospital access, VA nearby, affordable |
| Retirement Score · Rating | good |
Sources: IRS BMF keyword search · Census ACS 5-Year 2023 · Refreshed 2026-04-12