Economy in Sioux Falls, South Dakota

Sioux Falls has an unemployment rate of 3.2%. The US average is 6.0%.

Sioux Falls 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 36.6%, which is higher than the US average of 33.5%.

Tax Rates for Sioux Falls
- The Sales Tax Rate for Sioux Falls is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sioux Falls 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 Sioux Falls
- The average income of a Sioux Falls resident is $28,120 a year. The US average is $28,555 a year.
- The Median household income of a Sioux Falls resident is $52,607 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

ECONOMY	Sioux Falls, South Dakota	United States
	3.2%	6.0%
	-1.1%	-6.2%
	36.6%	33.5%
	6.5%	6.2%
	0.0%	4.6%
	$31,161	$31,177
	$56,714	$57,652
	$74,598	$70,850
POPULATION BY OCCUPATION
	0.6%	1.3%
	0.2%	0.6%
	5.8%	6.2%
	10.5%	10.4%
	3.5%	2.7%
	12.6%	11.6%
	3.4%	4.1%
	0.4%	0.9%
	2.2%	2.1%
	10.5%	4.7%
	1.3%	1.9%
	4.3%	6.7%
	0.0%	0.1%
	3.3%	4.3%
	7.2%	9.3%
	18.5%	13.8%
	1.9%	2.2%
	7.1%	7.4%
	4.1%	4.9%
	2.7%	4.8%

ECONOMY MAP

Unemployment Rate (US Avg: 6%)

Median HH Income (US Avg: $53k)

Recent Job Growth (US Avg: 1.59%)

Income Less Than $15k (US Avg: 12.55%)

Income Greater Than $200k (US Avg: 5.03%)

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Reviews for Sioux Falls 56 Reviews

Four Stars for Now - It Could Go Either Way - 2/7/2023
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... Read More

Jason | Sioux Falls, SD | Reply | No Replies

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Sioux Falls - not so bad after all - 5/29/2022
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... Read More

Tyler | Sioux Falls, SD | Reply | No Replies

Crime is on the rise - 6/21/2021
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... Read More

Jared | Sioux Falls, SD | Reply | 1 Reply

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MAPS OF SIOUX FALLS, SOUTH DAKOTA

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ZIP CODES IN SIOUX FALLS, SOUTH DAKOTA

57106 57103 57104 57105 57108 57110 57107 57197 57117

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