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2024 Compare Cities Economy:
Lakeville, MN vs Sioux Falls, SD

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Highlights
- Household income in Sioux Falls, is 44% less than it is in Lakeville and is 3% below the National Average.
- Lakeville unemployment rate is 3.5%.
- Sioux Falls unemployment rate is 3.2%.

Economy
 Lakeville, MNSioux Falls, SDUnited States
 Unemployment Rate3.5%3.2%6.0%
 Recent Job Growth1.8%1.7%1.6%
 Future Job Growth39.9%36.6%33.5%
 Sales Taxes7.1%6.5%6.2%
 Income Taxes7.1%0.0%4.6%
 Income per Cap.$48,875$36,430$37,638
 Household Income$119,970$66,761$69,021
 Family Median Income$135,244$85,908$85,028
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 Est. Households By Income
 Lakeville, MNSioux Falls, SDUnited States
 Income Less Than 15K3.0%7.3%9.4%
 Income between 15K and 20K1.2%2.9%3.8%
 Income between 20K and 30K2.4%8.5%8.1%
 Income between 30K and 40K4.9%10.2%8.0%
 Income between 40K and 50K3.8%8.0%7.6%
 Income between 50K and 60K4.3%7.9%7.2%
 Income between 60K and 75K7.8%11.2%9.6%
 Income between 75K and 100K11.3%15.0%12.8%
 Income between 100K and 150K24.6%17.1%16.3%
 Income between 150K and 200K17.5%5.8%7.8%
 Income greater than 200K19.1%6.1%9.5%
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 Population By Occupation
 Lakeville, MNSioux Falls, SDUnited States
 Management, business, finance24.0%15.2%16.4%
 Engineering, computers, science8.8%5.9%6.5%
 Community, social services1.3%1.6%1.8%
 Legal0.5%1.0%1.2%
 Education, library6.5%4.6%6.2%
 Arts, design, media, sports, entertainment1.5%1.7%2.0%
 Healthcare practitioners and technology7.8%8.7%6.2%
 Healthcare support2.5%3.3%3.3%
 Firefighters, law enforcement1.4%1.4%2.1%
 Food preparation, serving3.2%6.1%5.4%
 Building maintenance2.3%3.2%3.6%
 Personal care2.0%2.7%2.6%
 Sales, office, administrative support22.1%22.4%20.9%
 Farming, fishing, forestry0.1%0.5%0.6%
 Construction, extraction, maintenance/repair6.3%7.4%8.1%
 Production, transportation, material moving9.8%14.4%13.1%

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Reviews for Lakeville    8 Reviews

We lived in Lakeville for 3 years (2015-18). My husband and I have traveled all over the country. We've lived in California, Hawaii, Arizona, Colorado and Minnesota.  More

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I’ve grown up in Lakeville for 20 years. I know this area better than the back of my hand. The schools are excellent, especially North HS. The housing is cheap and  More

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I have found Lakeville to have many amenities and its nice its so close to the Twin Cities. HOWEVER, unless have bunches of money in your pocket or are a local you will  More

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Reviews for Sioux Falls    56 Reviews

I've lived in Sioux Falls for 2 years. I've found it to be a good place to live. The city is not too big, and has an thriving economy. Traffic is not bad, but as the  More

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Sioux Falls isn’t as bad as people make it out to be. I’ve lived here for 2 years and my experience has been pleasant. Sioux Falls is a decent sized city, not too big or  More

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Over 3 years ago

Lived on both sides of the city (it's split up by east side and west side by the locals and they're kinda in competition with each other). I've been here for 3 years and  More

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ZIPS IN LAKEVILLE, MINNESOTA
55044
ZIPS IN SIOUX FALLS, SOUTH DAKOTA
57106 57103 57104 57105 57108 57110 57107 57197 57117

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