HomeSouth DakotaMinnehaha CountySioux Falls city
Sioux Falls city, South Dakota: commercial real estate data.
Sioux Falls city is a Census city of 201,469 people across 83.58 square miles of land, lying across Minnehaha County and Lincoln County. Median household income is $75,970, 59.5 percent of occupied homes are owned, and the SBA record carries 301 7(a) approvals to borrowers here worth $108.2 m.
79 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Sioux Falls
What Sioux Falls is
- Census place typecity
- Land area83.58 sq mi
- Water area0.55 sq mi
- Population per square mile of land2,411
- County holding the largest share of its areaMinnehaha County, 83.6 percent
- Counties this place lies inMinnehaha County 83.6 percent, Lincoln County 16.4 percent
Sioux Falls city crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sioux Falls
How many people live in Sioux Falls
- Population201,469
- Median age35.5
- Population under 1849,219
- Share under 1824.4 percent
- Population 65 and over28,329
- Share 65 and over14.1 percent
- Households85,992
- Family households48,515
- Share of households that are families56.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sioux Falls
Income and work in Sioux Falls
- Median household income$75,970
- Per capita income$44,604
- Civilian labor force116,457
- Employed113,509
- Unemployed2,948
- Unemployment rate2.5 percent
- Adults 25 and over133,580
- Adults 25 and over with a high school diploma or higher92.9 percent
- Adults 25 and over with a bachelor degree or higher38.1 percent
- Adults 25 and over with a graduate degree12.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sioux Falls
Housing in Sioux Falls
- Housing units90,271
- Occupied units85,992
- Vacant units4,279
- Vacancy rate4.7 percent
- Owner occupied51,206
- Renter occupied34,786
- Ownership rate59.5 percent
- Median owner-occupied home value$292,400
- Median gross rent, monthly$1,035
- Annual rent as a share of median income16.3 percent
- Single family units54,668
- Share single family60.6 percent
- Units in buildings of two or more32,415
- Share in buildings of two or more35.9 percent
- Mobile homes3,148
- Median year structure built1993
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sioux Falls
How Sioux Falls gets to work
- Workers 16 and over who commute99,981
- Commuting under 15 minutes41,369
- Share commuting under 15 minutes41.4 percent
- Commuting 30 minutes or more10,570
- Share commuting 30 minutes or more10.6 percent
- Drove alone78.1 percent
- Carpooled7.5 percent
- Public transport0.6 percent plus or minus 0.2
- Walked1.9 percent
- Worked from home10.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sioux Falls
SBA loans in Sioux Falls (7(a))
- Approvals301
- Gross approval$108,220,700
- Average approval$359,537
- Median approval$150,000
- Ninetieth percentile approval$760,000
- Largest approval$5,000,000
- Jobs supported3,247
- Jobs per approval10.8
- Loans with a final outcome84
- Paid in full76
- Charged off8
- Charge-off rate over resolved loans9.5 percent
- Median term120 months
- Share on real estate terms of 20 years or more4.0 percent
- Share to franchises18.9 percent
- Distinct lenders47
- Distinct industries by NAICS135
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sioux Falls
SBA loans in Sioux Falls (504)
- Approvals399
- Gross approval$316,771,000
- Average approval$793,912
- Median approval$506,000
- Largest approval$5,500,000
- Jobs supported4,658
- Loans with a final outcome126
- Charged off2
- Charge-off rate over resolved loans1.6 percent
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Minnehaha County, not Sioux Falls
Minnehaha County context, not Sioux Falls figures
These are Minnehaha County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Sioux Falls measurements.
- Establishments in Minnehaha County6,262
- Employment at those establishments, Minnehaha County125,353
- Covered employment, Minnehaha County138,556
- Average annual pay, Minnehaha County$65,100
- Average weekly wage, Minnehaha County$1,252
- Housing units permitted, Minnehaha County2,421
- Of those, single family, Minnehaha County1,015
- County product, 2024, Minnehaha County$22,447,462,000
- County product change over the prior year, Minnehaha County7.5 percent
- Average income of an arriving household, Minnehaha County$87,582
Every figure in this section is published for Minnehaha County as a whole and is not a measurement of Sioux Falls. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Sioux Falls questions, answered from the record.
How many people live in Sioux Falls, South Dakota?
201,469, in 85,992 households. Sioux Falls city covers 83.58 square miles of land, which is 2,411 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Sioux Falls in?
Sioux Falls lies in more than one. By area it is 83.6 percent in Minnehaha County, 16.4 percent in Lincoln County. This page sits under Minnehaha County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Sioux Falls?
$75,970. The median owner-occupied home is valued at $292,400. Median gross rent is $1,035 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Sioux Falls businesses?
301 7(a) approvals totalling $108.2 m, across 47 lenders, median approval $150,000, plus 399 504 approvals worth $316.8 m. These count approvals to borrowers whose address is in Sioux Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Sioux Falls borrowers get paid back?
Of the 84 loans that have reached a final outcome, 76 were paid in full and 8 charged off, a charge off rate of 9.5 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Sioux Falls figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Minnehaha County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Sioux Falls.
Is zoning published for Sioux Falls?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.