HomeSouth DakotaMarshall County
Marshall County, South Dakota: commercial real estate data.
Marshall County, South Dakota had an estimated 4,395 residents on July 1, 2024, up 2.2 percent since the 2020 census base of 4,300, across 838 square miles. County output reached $453.8 m in 2024, 140 establishments operate here, and the SBA record carries 1 7(a) approvals worth $202,600 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Marshall County
How many people live in Marshall County
- Population, American Community Survey 2020-20244,344
- Households1,651
- Average household size2.63
- Median household income$78,156
- Median age42.5
- Median gross rent$752 per month
- Median owner-occupied home value$156,500
- Home value to household income2.0 times
- Annual rent as a share of median income11.5 percent
- Adults 25 and over with a bachelor degree or higher25.4 percent
- Adults 25 and over with a graduate degree6.1 percent
- Adults 25 and over2,950
- Population under 181,057
- Share under 1824.3 percent
- Population 65 and over1,009
- Share 65 and over23.2 percent
- Working age population, 18 to 642,278
- Civilian labor force2,161
- Unemployment rate0.3 percent
- Labor force participation, adults 18 and over65.7 percent
- Rank by population among South Dakota counties37th of 66
- Rank by population among US county-equivalents, Puerto Rico included2943rd of 3,222
Marshall County is the 37th largest of 66 South Dakota counties by population. A median home costs 2.0 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 24.3 percent against 23.2 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Marshall County
Is Marshall County's population growing?
- Population, July 1, 20244,395
- Census 2020 base population4,300
- Population change since the 2020 census base2.21 percent
- Population change, 2023 to 202437
- Births, 202461
- Deaths, 202449
- Natural change, 202412
- Net domestic migration, 202423
- Net international migration, 20243
- Total net migration, 202426
- Cumulative net domestic migration, 2021 to 202452
- Rank by growth among US county-equivalents1105th of 3,144
The county has grown 2.21 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Marshall County
Where are people moving to Marshall County from?
- Tax returns filed by households arriving86
- People arriving, from those returns189
- Tax returns filed by households leaving85
- Net household movement1
- Adjusted gross income arriving$6.8 m
- Net adjusted gross income movement$2.3 m
- Average income of an arriving household$78,953
- Average income of a leaving household$52,859
| Origin | Households | People | Adjusted gross income |
|---|
Households arriving report $26,094 more average income than households leaving, so the migration is raising local spending power rather than just moving it around.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Marshall County
What is the Marshall County economy?
- County GDP, 2024$453.8 m
- County GDP, 2023$402.8 m
- GDP change, 2023 to 202412.7 percent
- GDP change over five years56.2 percent
- Rank by GDP among the South Dakota areas BEA publishes25th of 66
- Rank by GDP among the US county areas BEA publishes2465th of 3,127
- GDP per resident$104,455
Output grew 12.7 percent in the latest year and 56.2 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.
Marshall County
Employment by industry in Marshall County
- Covered employment, annual average1,681
- Establishments reporting212
- Average annual pay$55,097
- Average weekly wage$1,060
- Manufacturing, employment299
- Manufacturing, average annual pay$74,795
- Retail trade, employment146
- Retail trade, average annual pay$31,339
- Wholesale trade, employment108
- Wholesale trade, average annual pay$82,320
- Construction, employment91
- Construction, average annual pay$50,562
- Professional, scientific and technical services, employment40
- Management of companies and enterprises, employment15
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 299 | 5 | $74,795 |
| Retail trade | 146 | 16 | $31,339 |
| Wholesale trade | 108 | 19 | $82,320 |
| Construction | 91 | 22 | $50,562 |
| Professional, scientific and technical services | 40 | 22 | $55,268 |
| Management of companies and enterprises | 15 | 4 | $179,788 |
| Administrative and support and waste management services | 15 | 8 | $52,291 |
Manufacturing is the largest private sector at 299 jobs, 17.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Marshall County
How many businesses are in Marshall County?
- Establishments, all industries140
- Employment at those establishments1,184
- Annual payroll$59.5 m
- Establishments per 1,000 residents32.2
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.
Marshall County
Building permits in Marshall County
- Housing units authorized by permit, 202416
- Declared construction value permitted$4.7 m
- Single family units authorized16
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$294,064
- Units authorized per 1,000 households9.7
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.
Marshall County
SBA loans in Marshall County (7(a) and 504)
- 7(a) approvals recorded1
- 7(a) gross approval dollars$202,600
- Average 7(a) approval$202,600
- Median 7(a) approval$202,600
- Largest single approval$202,600
- Jobs reported supported, 7(a)2
- Jobs per approval2.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term180 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter0
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded4
- 504 gross approval dollars$1.3 m
- Average 504 approval$331,750
- Median 504 approval$95,000
- Distinct CDCs active2
- 504 jobs per approval2.0
- 504 jobs per million dollars approved6.0
- Most active CDCAlly Dakota Development, Inc. (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$1.5 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.
Marshall County
SBA loan default and charge-off rates in Marshall County
Do SBA loans in Marshall County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure1
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.
Marshall County
How large is Marshall County?
- Land area838 sq mi
- Rank by land area among South Dakota counties36th of 66
- Width, east to west36.2 mi
- Height, north to south26.1 mi
- Geographies sharing a boundary4
- Residents per square mile of land5
- Establishments per square mile0.17
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.
Marshall County
Flood risk in Marshall County
- Participation of the county's own NFIP community Marshall County, unincorporated areasNot participating, community 460279
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP2
- NFIP participation rate50.0 percent
- Communities carrying a CRS class0
- Radon levels in Marshall County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Marshall County (community 460279), does not participate in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Marshall County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 50.0 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 Marshall 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 Marshall County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20244,344
- Households1,651
- Average household size2.63
- Median household income$78,156
- Median age42.5
Common questions
Marshall County questions, answered from the record.
How many people live in Marshall County, South Dakota?
The Census Bureau estimates 4,395 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 4,344, in 1,651 households, ranking 37th of 66 South Dakota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Marshall County's population growing?
The population has grown 2.21 percent since the 2020 census base of 4,300, to 4,395 on July 1, 2024. In 2024 there were 61 births against 49 deaths, with net migration of 26. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Marshall County?
$78,156. The median owner-occupied home is valued at $156,500, which is 2.0 times income, and median gross rent is $752 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Marshall County?
140 establishments, employing 1,184 people with an annual payroll of $59.5 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 Marshall County?
Manufacturing is the largest private sector at 299 jobs, 17.8 percent of covered employment. Covered employment averages 1,681 jobs at an average annual pay of $55,097, or $1,060 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Marshall County?
1 7(a) approvals totaling $202,600 since FY2020, across 1 lenders, with a median approval of $202,600, plus 4 504 approvals worth $1.3 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Marshall County?
16 housing units were authorized by permit in 2024, with a declared construction value of $4.7 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Marshall County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Are traffic counts available for Marshall 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 Marshall 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.
Marshall County
Cities and places in Marshall.
10 Census places lie wholly or partly in Marshall County. 8 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Britton | city | 988 | 1 | Wholly in this county |
| Langford | town | 481 | None recorded | Wholly in this county |
| Veblen | city | 455 | None recorded | Wholly in this county |
| Eden | town | 221 | None recorded | Wholly in this county |
| Sunset Colony | CDP | 68 | None recorded | Wholly in this county |
| Clear Lake | CDP | 41 | None recorded | Wholly in this county |
| Lake City | town | 40 | None recorded | Wholly in this county |
| Kidder | CDP | 8 | None recorded | Wholly in this county |
| Newport Colony | CDP | 0 | None recorded | Wholly in this county |
| Westwood Colony | CDP | 0 | None recorded | Wholly in this county |