HomeSouth DakotaFall River County
Fall River County, South Dakota: commercial real estate data.
Fall River County, South Dakota had an estimated 7,359 residents on July 1, 2024, up 5.6 percent since the 2020 census base of 6,971, across 1,740 square miles. County output reached $372.0 m in 2024, 209 establishments operate here, and the SBA record carries 7 7(a) approvals worth $4.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Fall River County
How many people live in Fall River County
- Population, American Community Survey 2020-20247,258
- Households3,632
- Average household size2.00
- Median household income$67,917
- Median age55.3
- Median gross rent$931 per month
- Median owner-occupied home value$193,200
- Home value to household income2.8 times
- Annual rent as a share of median income16.4 percent
- Adults 25 and over with a bachelor degree or higher29.4 percent
- Adults 25 and over with a graduate degree9.4 percent
- Adults 25 and over5,792
- Population under 181,178
- Share under 1816.2 percent
- Population 65 and over2,382
- Share 65 and over32.8 percent
- Working age population, 18 to 643,698
- Civilian labor force3,267
- Unemployment rate2.5 percent
- Labor force participation, adults 18 and over53.7 percent
- Rank by population among South Dakota counties25th of 66
- Rank by population among US county-equivalents, Puerto Rico included2719th of 3,222
Fall River County is the 25th largest of 66 South Dakota counties by population. A median home costs 2.8 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 32.8 percent against 16.2 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Fall River County
Is Fall River County's population growing?
- Population, July 1, 20247,359
- Census 2020 base population6,971
- Population change since the 2020 census base5.57 percent
- Population change, 2023 to 2024-10
- Births, 202444
- Deaths, 2024134
- Natural change, 2024-90
- Net domestic migration, 202480
- Net international migration, 20240
- Total net migration, 202480
- Cumulative net domestic migration, 2021 to 2024772
- Rank by growth among US county-equivalents463rd of 3,144
The county has grown 5.57 percent since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Fall River County
Where are people moving to Fall River County from?
- Tax returns filed by households arriving341
- People arriving, from those returns595
- Tax returns filed by households leaving247
- Net household movement94
- Adjusted gross income arriving$24.9 m
- Net adjusted gross income movement$8.5 m
- Average income of an arriving household$72,950
- Average income of a leaving household$66,482
- Largest single originPennington County (45 households)
- Largest single destinationPennington County (38 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Pennington County | 45 | 75 | $4.0 m |
Households arriving report $6,468 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Pennington County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Fall River County
What is the Fall River County economy?
- County GDP, 2024$372.0 m
- County GDP, 2023$333.0 m
- GDP change, 2023 to 202411.7 percent
- GDP change over five years53.1 percent
- Rank by GDP among the South Dakota areas BEA publishes31st of 66
- Rank by GDP among the US county areas BEA publishes2590th of 3,127
- GDP per resident$51,260
Output grew 11.7 percent in the latest year and 53.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Fall River County
Employment by industry in Fall River County
- Covered employment, annual average2,516
- Establishments reporting352
- Average annual pay$51,214
- Average weekly wage$985
- Retail trade, employment291
- Retail trade, average annual pay$33,333
- Accommodation and food services, employment255
- Accommodation and food services, average annual pay$19,871
- Construction, employment120
- Construction, average annual pay$60,075
- Professional, scientific and technical services, employment82
- Professional, scientific and technical services, average annual pay$67,768
- Other services, except public administration, employment68
- Wholesale trade, employment60
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 291 | 36 | $33,333 |
| Accommodation and food services | 255 | 42 | $19,871 |
| Construction | 120 | 39 | $60,075 |
| Professional, scientific and technical services | 82 | 47 | $67,768 |
| Other services, except public administration | 68 | 14 | $23,351 |
| Wholesale trade | 60 | 19 | $49,116 |
| Arts, entertainment and recreation | 58 | 7 | $30,310 |
| Agriculture, forestry, fishing and hunting | 55 | 10 | $53,721 |
Retail trade is the largest private sector at 291 jobs, 11.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Fall River County
How many businesses are in Fall River County?
- Establishments, all industries209
- Employment at those establishments1,722
- Annual payroll$103.3 m
- Establishments per 1,000 residents28.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Fall River County
Building permits in Fall River County
- Housing units authorized by permit, 20249
- Declared construction value permitted$998,100
- Single family units authorized9
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$110,900
- Units authorized per 1,000 households2.5
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Fall River County
SBA loans in Fall River County (7(a) and 504)
- 7(a) approvals recorded7
- 7(a) gross approval dollars$4.5 m
- Average 7(a) approval$648,143
- Median 7(a) approval$243,000
- Largest single approval$1,850,000
- Jobs reported supported, 7(a)77
- Jobs per approval11.0
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals6
- Median 7(a) term240 months
- Share of loans on real estate terms, 240 months or longer57.1 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter3
- Franchise loans1
- Franchise share of approvals14.3 percent
- Most active lenderFirst Interstate Bank (3)
- 504 approvals recorded6
- 504 gross approval dollars$3.0 m
- Average 504 approval$499,167
- Median 504 approval$443,000
- Distinct CDCs active3
- 504 jobs per approval4.0
- 504 jobs per million dollars approved8.0
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$7.5 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Fall River County
SBA loan default and charge-off rates in Fall River County
Do SBA loans in Fall River County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure7
Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fall River County
How large is Fall River County?
- Land area1,740 sq mi
- Rank by land area among South Dakota counties12th of 66
- Width, east to west53.2 mi
- Height, north to south33 mi
- Geographies sharing a boundary4
- Residents per square mile of land4
- Establishments per square mile0.12
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Fall River County
Flood risk in Fall River County
- Participation of the county's own NFIP community Fall River County, unincorporated areasParticipating, community 460238
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Fall River County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Fall River County (community 460238), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Fall River County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Fall River County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Fall River County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20247,258
- Households3,632
- Average household size2.00
- Median household income$67,917
- Median age55.3
Common questions
Fall River County questions, answered from the record.
How many people live in Fall River County, South Dakota?
The Census Bureau estimates 7,359 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 7,258, in 3,632 households, ranking 25th of 66 South Dakota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Fall River County's population growing?
The population has grown 5.57 percent since the 2020 census base of 6,971, to 7,359 on July 1, 2024. In 2024 there were 44 births against 134 deaths, with net migration of 80. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Fall River County?
$67,917. The median owner-occupied home is valued at $193,200, which is 2.8 times income, and median gross rent is $931 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Fall River County?
209 establishments, employing 1,722 people with an annual payroll of $103.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Fall River County?
Retail trade is the largest private sector at 291 jobs, 11.6 percent of covered employment. Covered employment averages 2,516 jobs at an average annual pay of $51,214, or $985 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Fall River County?
7 7(a) approvals totaling $4.5 m since FY2020, across 5 lenders, with a median approval of $243,000, plus 6 504 approvals worth $3.0 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Fall River County?
9 housing units were authorized by permit in 2024, with a declared construction value of $998,100. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Fall River County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Fall River County come from?
The largest single origin is Pennington County, with 45 households. Arriving households report an average income of $72,950 against $66,482 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Fall River County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Fall River County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Fall River County
Cities and places in Fall River.
10 Census places lie wholly or partly in Fall River County. All 10 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Hot Springs | city | 3,548 | 7 | Wholly in this county |
| Edgemont | city | 860 | None recorded | Wholly in this county |
| Oelrichs | town | 198 | None recorded | Wholly in this county |
| Angostura | CDP | 144 | None recorded | Wholly in this county |
| Maverick Junction | CDP | 123 | None recorded | Wholly in this county |
| Oral | CDP | 55 | None recorded | Wholly in this county |
| Smithwick | CDP | 25 | None recorded | Wholly in this county |
| Dudley | CDP | 8 | None recorded | Wholly in this county |
| Ardmore | CDP | 5 | None recorded | Wholly in this county |
| Provo | CDP | 0 | None recorded | Wholly in this county |