Everything You Need to Know About the City of Sioux Falls South Dakota

In 2017, Sioux Falls, South Dakota had a population of 170k people with a median age of 34.3 and a median household income of $56,714 dollars. Between 2016 and 2017 the population of Sioux Falls, SD grew from 167,884 to 170,401, a 1.5 percent increase and its median household income grew from $54,110 dollars to $56,714 dollars, a 4.81 percent increase.

The population of Sioux Falls, SD is 82.2 percent White Alone, 5.29 percent Black or African American Alone, and 5.01 percent Hispanic or Latino. N/A% of the people in Sioux Falls, SD speak a non-English language, and 95.5 percent are U.S. citizens.

The largest universities in Sioux Falls, SD are Southeast Technical Institute (916 degrees awarded in 2017), Augustana University (579 degrees), and University of Sioux Falls (508 degrees).

The median property value in Sioux Falls, SD is $168,600 dollars, and the homeownership rate is 61.2 percent. Most people in Sioux Falls, SD commute by Drove Alone, and the average commute time is 16.4 minutes. The average car ownership in Sioux Falls, SD is 2 cars per household.

 

Education in Sioux Falls

In 2017, universities in Sioux Falls, SD awarded 2,238 degrees. The student population of Sioux Falls, SD is skewed towards women, with 2,599 male students and 3,772 female students.

Most students graduating from Universities in Sioux Falls, SD are White (2,004 and 91.3 percent), followed by Hispanic or Latino (50 and 2.28 percent), Black or African American (48 and 2.19 percent), and Unknown (36 and 1.64 percent).

The largest universities in Sioux Falls, SD by the number of degrees awarded are Southeast Technical Institute (916 and 40.9 percent), Augustana University (579 and 25.9 percent), and University of Sioux Falls (508 and 22.7 percent).

The most popular majors in Sioux Falls, SD are General Business Administration & Management (159 and 7.1 percent), General Business (146 and 6.52 percent), and Registered Nursing (140 and 6.26 percent).

The median tuition costs in Sioux Falls, SD are $29,715 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Sioux Falls

The economy of Sioux Falls, SD employs 94.7k people and Sioux Falls has an unemployment rate of 2.7 percent. Sioux Falls has seen the job market increase by 1.7 percent over the last year. Future job growth over the next ten years is predicted to be 36.6 percent, which is higher than the US average of 33.5 percent. The largest industries in Sioux Falls, SD are Health Care & Social Assistance (17,464 people), Finance & Insurance (10,069 people), and Retail Trade (12,302 people), and the highest paying industries are Utilities ($72,750 dollars), Mining, Quarrying, & Oil & Gas Extraction ($68,466 dollars), and Professional, Scientific, & Technical Services ($52,446 dollars).

Households in Sioux Falls, SD have a median annual income of $56,714 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $54,110 dollars in 2016, which represents a 4.81 percent annual growth.

 

Tax Rates for Sioux Falls

– The Sales Tax Rate for Sioux Falls is 6.5 percent.

– The Income Tax Rate for Sioux Falls is 0.0 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Sioux Falls

– The average earnings of a Sioux Falls resident are $28,120 dollars a year.

– The Median household earnings of a Sioux Falls resident is $52,607 dollars a year.