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Economy, jobs and prices in Sioux Falls, South Dakota: official figures

The median household income in Sioux Falls was $75,970 a year in the 2020-2024 American Community Survey (in 2024 dollars), 363rd lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the South Dakota median $75,081.

Median household income
$75,970
2020-2024
Unemployment rate (ACS)
2.5%
2020-2024
Mean travel time to work
17.0 min
2020-2024
Median gross rent (monthly)
$1,035
2020-2024
Median home value (owner-occupied)
$292,400
2020-2024
Homes occupied by their owners
59.5%
2020-2024
Households with a broadband subscription
93.4%
2020-2024

What is the per capita income in Sioux Falls?

Income per resident (per capita income) in Sioux Falls averaged $44,604 a year in 2020-2024, 317th highest of 823 US cities of 50,000 or more (US: $44,673; South Dakota: $40,550).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Sioux Falls?

Sioux Falls' Gini index of household income inequality was 0.452 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 367th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Sioux Falls, South Dakota?

2.5% of the civilian labor force in Sioux Falls was unemployed on average over 2020-2024 (2,948 people), 16th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and South Dakota's 2.9%.

Source: U.S. Census Bureau · saved copy

What share of people in Sioux Falls are working?

74.0% of Sioux Falls' 157,576 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 30th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Sioux Falls have jobs?

113,509 residents of Sioux Falls held civilian jobs, 72.0% of those aged 16 and over (US: 59.7%), and 180 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Sioux Falls?

The largest industry group for working residents of Sioux Falls was education, health care and social assistance (24.9% of employed residents), followed by retail trade (12.8%) and finance, insurance and real estate (10.7%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Sioux Falls work in manufacturing?

Manufacturing employed 10.1% of working residents of Sioux Falls, 318th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 8.6% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Sioux Falls, South Dakota?

Commuters in Sioux Falls took 17.0 minutes on average to get to work in 2020-2024, 43rd shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 2.4% travelled an hour or more and 41.4% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Sioux Falls get to work?

10.6% of workers living in Sioux Falls worked from home in 2020-2024, 241st lowest of 823 US cities of 50,000 or more (US: 15.1%). 78.1% drove to work alone, 7.5% carpooled, 0.6% used public transport and 1.9% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Sioux Falls, South Dakota?

The median gross rent (rent plus utilities) in Sioux Falls was $1,035 a month in 2020-2024, 87th lowest of 823 US cities of 50,000 or more (US: $1,413; South Dakota: $946).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Sioux Falls?

Owner-occupied homes in Sioux Falls had a median value of $292,400 in 2020-2024 as estimated by their owners, 258th lowest of 823 US cities of 50,000 or more (US: $332,700; South Dakota: $257,400).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Sioux Falls?

The median home value in Sioux Falls was 3.8 times the median household income, 281st lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Sioux Falls, South Dakota own their home?

59.5% of the 85,992 occupied homes in Sioux Falls were lived in by their owners in 2020-2024 and 34,786 were rented, 377th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; South Dakota: 68.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Sioux Falls have broadband?

93.4% of households in Sioux Falls had a broadband internet subscription of some type in 2020-2024, 340th highest of 823 US cities of 50,000 or more (US: 91.0%; South Dakota: 89.6%).

Source: U.S. Census Bureau · saved copy

How many households in Sioux Falls have no internet?

4.0% of households in Sioux Falls (3,429) had no internet access at home in 2020-2024, 314th lowest of 823 US cities of 50,000 or more (US: 6.5%); 9.2% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Sioux Falls compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Sioux Falls ranks 461 of 823, highest first.

RankCityMedian household income (2024 dollars)
458Garland$76,320
459Conroe$76,206
460Denton$76,019
461Sioux Falls$75,970
462Hawthorne$75,848
463Salem$75,487
464Yuba City$75,477
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Sioux Falls ranks 317 of 823, highest first.

RankCityPer capita income (2024 dollars)
314Lakewood$44,695
315Marietta$44,683
316Clearwater$44,653
317Sioux Falls$44,604
318New Braunfels$44,596
319Long Beach$44,575
320Tempe$44,493
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Sioux Falls ranks 367 of 823, highest first.

RankCityGini index of household income inequality
364Santa Rosa0.452
365Dubuque0.452
366Temple0.452
367Sioux Falls0.452
368Topeka0.452
369Richmond0.452
370Shoreline0.451
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Sioux Falls ranks 808 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
805Sherman2.6%
806Rapid City2.6%
807Bismarck2.5%
808Sioux Falls2.5%
809Rogers2.5%
810Greer2.4%
811Grand Forks2.4%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Sioux Falls ranks 30 of 823, highest first.

RankCityLabor force participation rate (16 and over)
27Seattle74.2%
28Grapevine74.1%
29Commerce City74.1%
30Sioux Falls74.0%
31Thornton74.0%
32Logan73.9%
33Huntersville73.8%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Sioux Falls ranks 781 of 823, highest first.

RankCityMean travel time to work (minutes)
778Harrisonburg17.1
779Lake Charles17.0
780Casper17.0
781Sioux Falls17.0
782St. Joseph17.0
783Grand Island16.9
784Lynchburg16.8
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Sioux Falls ranks 583 of 823, highest first.

RankCityWorkers who worked from home
580Midwest City10.6%
581Lowell10.6%
582North Little Rock10.6%
583Sioux Falls10.6%
584Yucaipa10.6%
585Riverside10.6%
586Edinburg10.5%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Sioux Falls ranks 553 of 823, highest first.

RankCityWorkers commuting by public transportation
550Casper0.6%
551Grand Island0.6%
552Manchester0.6%
553Sioux Falls0.6%
554Pontiac0.6%
555Norman0.6%
556Hemet0.6%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Sioux Falls ranks 318 of 823, highest first.

RankCityEmployed residents working in manufacturing
315Arlington10.2%
316Fishers10.2%
317Allen10.2%
318Sioux Falls10.1%
319Auburn10.1%
320Layton10.1%
321Olathe10.1%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Sioux Falls ranks 253 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
250Omaha24.9%
251Boynton Beach24.9%
252Logan24.9%
253Sioux Falls24.9%
254Akron24.8%
255Chino Hills24.8%
256Gulfport24.8%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Sioux Falls ranks 737 of 823, highest first.

RankCityMedian gross rent per month
734Syracuse$1,039
735Cuyahoga Falls$1,038
736Pharr$1,037
737Sioux Falls$1,035
738Cleveland$1,034
739South Bend$1,033
740Racine$1,033
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Sioux Falls ranks 566 of 823, highest first.

RankCityMedian value of owner-occupied homes
563Huntsville$293,600
564Lexington$293,500
565Lawrence$292,700
566Sioux Falls$292,400
567West Haven$291,700
568Albuquerque$291,500
569Norfolk$289,900
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Sioux Falls ranks 540 of 820, highest first.

RankCityMedian home value as a multiple of median household income
537Euless3.9x
538DeSoto3.9x
539Irving3.9x
540Sioux Falls3.8x
541Kenner3.8x
542Bryan3.8x
543Anchorage3.8x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Sioux Falls ranks 377 of 823, highest first.

RankCityOccupied homes lived in by their owners
374Melbourne59.7%
375Amarillo59.7%
376Clifton59.6%
377Sioux Falls59.5%
378McAllen59.5%
379Coeur d'Alene59.5%
380Duluth59.4%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Sioux Falls ranks 340 of 823, highest first.

RankCityHouseholds with a broadband subscription
337Jurupa Valley93.4%
338Citrus Heights93.4%
339Joliet93.4%
340Sioux Falls93.4%
341Vancouver93.4%
342Edina93.4%
343Murfreesboro93.4%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Sioux Falls ranks 510 of 823, highest first.

RankCityHouseholds with no internet access
507Chico4.0%
508Escondido4.0%
509Durham4.0%
510Sioux Falls4.0%
511Clarksville4.0%
512Salinas4.0%
513Manteca4.0%
Source: U.S. Census Bureau · saved copy

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Sources

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