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LOCAL ECONOMY

You‘ve come to the right place...
   to enjoy a diverse, vibrant economy.

  • No personal income tax
  • No corporate income tax
  • One of America’s best small cities for business and careers. (Forbes, 2003, 2004, 2005, 2006)
  • 2010 City Population: 156,500 (Source: City Planning Office, August, 2010) The population has increased by an average of 3,200 residents annually over the last ten years.
  • New jobs: Non-farm wage and salary employment has increased by 20,500 in the MSA since 2000. (Source: Sioux Falls Development Foundation)
  • Median age of residents: 34.8 for City of Sioux Falls and 35.0 for the MSA.

Industry employment:
Sioux Falls MSA Non-farm wage and Salary Worker Levels.

TOTAL 412,600
Natural Resources, Mining & Construction 22,600
Manufacturing 37,800
Wholesale Trade 19,300
Retail Trade 50,100
Transportation, Warehousing & Utilities 12,900
Information 6,800
Financial Activities 28,800
Professional & Business Services 28,700
Educational & Health Services 63,600
Leisure & Hospitality 46,100
Other Services (except Public Administration) 16,100
Government 79,800
Source: South Dakota Department of Labor - Labor Bulletin 08/2010



 
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