Living in Sioux Falls, South Dakota
Cost of living, income, home prices, rent and demographics of Sioux Falls · Census data 2020–2024
Sioux Falls has 201,469 residents with a median age of 35.5. The median household income is $75,970 (about the same as the South Dakota median), the median home value is $292,400, the median rent is $1,035/month.
Sioux Falls at a glance
- Population
- 201,469
- Median age
- 35.5State: 38
- Median household income
- $75,970State: $75,081
- Median home value
- $292,400State: $257,400
- Median rent
- $1,035/moState: $946
- Homeowners
- 59.5%
- Bachelor's degree or higher
- 38.1%
- Average commute
- 17 min
Is Sioux Falls a good place to live?
Pros: Median household income about the same as the South Dakota median; an average commute of 17 minutes; unemployment of 2.5%; a poverty rate of 9.6%.
Cons: Home values 14% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Sioux Falls
Housing is the biggest part of the cost of living. In Sioux Falls the median home value is $292,400, 12% lower than the U.S. median. Renters pay a median of $1,035 per month, which is 26.5% of household income. Homeowners with a mortgage pay $1,727 a month in housing costs.
Sioux Falls median household income
The median household income in Sioux Falls is $75,970 and the income per person is $44,604. 9.6% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Sioux Falls: homes for sale and rent
- Housing units
- 90,271
- Owner-occupied
- 59.5%
- Renter-occupied
- 40.5%
- Vacant
- 4.7%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.28
Sioux Falls demographics
- Population
- 201,469
- Median age
- 35.5
- Under 18
- 24.4%
- 65 and older
- 14.1%
- Households
- 85,992
- Foreign-born
- 8.7%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Sioux Falls ›
Education in Sioux Falls
38.1% of adults 25 and older in Sioux Falls have a bachelor's degree or higher (South Dakota: 31.9%), and 12.1% have a graduate or professional degree.
Jobs and commute in Sioux Falls
- Unemployment rate
- 2.5%State: 2.9%
- Average commute
- 17 minState: 18 min
- Work from home
- 10.6%
- Drive alone
- 78.1%
- Public transit
- 0.6%
- Walk to work
- 1.9%
- Homes with broadband
- 93.4%
Sioux Falls vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sioux Falls | 201,469 | $75,970 | $292,400 | $1,035 |
| Pine Lakes Addition | 282 | $170,795 | $616,100 | — |
| Meadow View Addition | 879 | $99,760 | $250,600 | — |
| Anderson | 219 | $145,556 | $364,500 | — |
| Shindler | 579 | $146,154 | $617,600 | — |
| Harrisburg | 8,519 | $108,724 | $312,200 | $1,362 |
| Tea | 6,786 | $120,139 | $351,100 | $1,220 |
| Renner Corner | 279 | $96,050 | $465,600 | — |
| Brandon | 10,996 | $110,806 | $336,600 | $976 |
More for people moving to Sioux Falls
Sioux Falls ZIP code ›Weather and climate ›Living in Sioux Falls: FAQ
What is the median household income in Sioux Falls, SD?
The median household income in Sioux Falls is $75,970, about the same as the South Dakota median of $75,081 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Sioux Falls?
The median home value in Sioux Falls is $292,400, compared with $257,400 in South Dakota.
How much is rent in Sioux Falls?
The median gross rent in Sioux Falls is $1,035 per month, about 26.5% of household income.
Is Sioux Falls, SD a good place to live?
Pluses: median household income about the same as the South Dakota median; an average commute of 17 minutes; unemployment of 2.5%; a poverty rate of 9.6%. Minuses: home values 14% higher than the state median.
What is the median age in Sioux Falls?
The median age in Sioux Falls is 35.5 years (South Dakota: 38).
How long is the commute in Sioux Falls?
The average commute to work in Sioux Falls is 17 minutes; 10.6% of workers work from home.
What is the unemployment rate in Sioux Falls?
The unemployment rate in Sioux Falls is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sioux Falls?
38.1% of adults in Sioux Falls have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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