Minnehaha County, SD Economy


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United States / South Dakota / / Minnehaha County / Cities / Zip Codes
Minnehaha County, South Dakota is a growing community situated just outside of Sioux Falls. It is an attractive area for those looking to settle down as it boasts relatively low rental prices at $950 for a two-bedroom apartment compared to the US average of $1,430. Additionally, food prices in Minnehaha are on par with national averages at an index of 100. Living in Minnehaha offers plenty of employment opportunities with local businesses such as Sanford Health, Avera McKennan Hospital, and Daktronics located in the area. Not only do these companies offer competitive salaries but they also benefit from the low cost of living which allows them to offer generous benefits packages and flexible working hours.

Minnehaha County has an unemployment rate of 3.2%. The US average is 6.0%.

Minnehaha County has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Minnehaha County
- The Sales Tax Rate for Minnehaha County is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Minnehaha County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Minnehaha County
- The average income of a Minnehaha County resident is $27,143 a year. The US average is $28,555 a year.
- The Median household income of a Minnehaha County resident is $66,502 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMinnehaha, South DakotaUnited States
  3.26
  -1.1%-6.2%
  35.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $34,804$37,638
  $66,502$69,021
  $86,092$85,028
  Population by Occupation
  1.2%1.2%
  0.1%0.5%
  7.5%6.8%
  10.9%10.0%
  3.2%2.5%
  12.2%11.0%
  3.9%4.8%
  0.5%0.8%
  1.7%1.9%
  9.8%4.7%
  1.6%1.9%
  4.7%7.6%
  0.2%0.1%
  2.9%4.2%
  6.3%9.3%
  17.3%14.0%
  1.9%2.1%
  7.1%7.0%
  4.5%4.8%
  2.6%4.7%
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