South Dakota Economic Overview
Key economic indicators for South Dakota (SD). Population: 886,667.
Unemployment Rate
2.3%
Below national avg (~4.2%)
Median Annual Wage
$47,000
Source: Census ACS / BLS
Wage Growth (YoY)
+2.8%
Year-over-year change
Population
0.9M
Source: 2020 Census
About the South Dakota Economy
South Dakota has an unemployment rate of 2.3%, which is below the national average. The median annual wage is $47,000, with wages growing at 2.8% year-over-year. With a population of 886,667, South Dakota is the a smaller state economy in the U.S.