Big Sioux, SD Economy


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Big Sioux, SD is a small town located in Minnehaha County. It offers affordable rental options with an average 2 bedroom rent of $1,100 compared to the US average rent of $1,430. Grocery prices are also lower than the national average with a Grocery Cost Index of 102 versus 100 in the US. Big Sioux has many local businesses that contribute to its economy such as Avera Health, Sanford Health, and KELOLAND Automall. The area also hosts several local restaurants like The Queen City Bakery & Cafe and Sushi Masu. Big Sioux is a great place to live due to its affordability and diverse business offerings.

Big Sioux has an unemployment rate of 3.7%. The US average is 6.0%.

Big Sioux has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Big Sioux
- The Sales Tax Rate for Big Sioux is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Big Sioux 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 Big Sioux
- The average income of a Big Sioux resident is $62,292 a year. The US average is $28,555 a year.
- The Median household income of a Big Sioux resident is $111,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBig Sioux, South DakotaUnited States
  3.76
  -3.0%-6.2%
  25.0%33.5%
  6.5%6.2%
  0.0%4.6%
  $69,410$37,638
  $111,875$69,021
  $135,096$85,028
  Population by Occupation
  2.8%1.2%
  2.0%0.5%
  3.2%6.8%
  19.7%10.0%
  5.5%2.5%
  8.8%11.0%
  8.3%4.8%
  0.8%0.8%
  1.3%1.9%
  11.3%4.7%
  1.8%1.9%
  7.5%7.6%
  0.0%0.1%
  2.9%4.2%
  7.8%9.3%
  12.1%14.0%
  2.9%2.1%
  0.5%7.0%
  0.9%4.8%
  0.0%4.7%
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