Sioux Falls is a relatively large city located in the state of South Dakota. With a population of 202,078 people and 47 associated neighborhoods, Sioux Falls is the largest community in South Dakota. Sioux Falls has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Sioux Falls, where the median household income is $92,989.00.
Sioux Falls real estate is some of the most expensive in South Dakota, although Sioux Falls house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Sioux Falls has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.80% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One thing noticeable about Sioux Falls, although not a huge city, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Sioux Falls is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Sioux Falls a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
If knowledge is power, Sioux Falls is a pretty powerful place. 50.23% of the adults in Sioux Falls have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Sioux Falls in 2022 was $51,311, which is wealthy relative to South Dakota and the nation. This equates to an annual income of $205,244 for a family of four. However, Sioux Falls contains both very wealthy and poor people as well.
The people who call Sioux Falls home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Sioux Falls residents report their race to be White, followed by Black or African-American. Important ancestries of people in Sioux Falls include German, Irish, Norwegian, English, and Dutch.
The most common language spoken in Sioux Falls is English. Other important languages spoken here include Spanish and African languages.