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Sioux Falls, South Dakota

city · Minnehaha County (primary) , Lincoln County

At a glance

201,469
Population
$292,400
Median home value (all homes)
4% below U.S. median
$336,110
Typical market value
Zillow, 2026-07
$1,035/mo
Median rent
23% below U.S. median
$75,970
Median household income
3% below U.S. median
17 min
Average commute
93.4%
Homes with broadband
64.26%
Locations with fiber available
2.5%
Unemployment

Cost of living (Clay Affordability Index)

CAI 93 — 7% below the national average. how it's computed

Housing14% above
Goods & services6% below
Utilities21% below
Taxes68% below
Insurance12% below
Commute cost39% below
For business: South Dakota is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Colleges in town:
Augustana University Graduate degrees
Sioux Falls Seminary Graduate degrees
University of Sioux Falls Graduate degrees
National American University-Sioux Falls 4-year
Southeast Technical Institute 2-year
Avera McKennan Hospital School of Radiologic Technology Certificates
Sanford Medical Center Certificates
Stewart School Certificates
Nearest 4-year college2 mi
Nearest community college4 mi
Nearest technical college1 mi
High school graduates92.9%
College graduates38.1%

Doing business here

Economic development contacts, most local first:

city Sioux Falls Development Foundation
A Sioux Falls-based development foundation and regional economic development organization focused on promoting business growth, workforce development, and economic activity in Sioux Falls.
state South Dakota Prairie Gateway
state South Dakota Rural Enterprise
Dakota Resources is an intermediary serving rural economic development organizations (EDOs), providing flexible financing, leadership coaching, collaborative networks, and real-time resources to strengthen EDOs and rural communities.
state South Dakota's Governor's Office of Eco Dev
GOED provides financing, research, networking, and other resources to help new and existing businesses flourish in South Dakota.
State sales taxYes
State income taxNone
Right-to-work stateYes

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