Sioux Falls is the 4th best place to rent in America

With inflation driving up the cost of just about everything, it’s more important than ever to ensure living expenses fit within your budget, and renting affordability is a key factor to consider. Sioux Falls has risen to the top once again, ranked the 4th most affordable place to rent in America by WalletHub!

“To determine where renters can get the most bang for their buck, WalletHub compared more than 180 rental markets based on 21 key measures of rental attractiveness and quality of life,” the story releasing the findings says. “Our data set ranges from the difference between rental rates and mortgage payments to historical price changes, the cost of living and job availability.”

To see how other cities compared, check out the link below!

South Dakota ranked the 2nd best state for Doctors

Doctors and health care services are essential to a thriving community and state. We are fortunate to have wonderful health care amenities and providers in South Dakota. Not only do our health systems provide the best care to our citizens, but South Dakota is one of the best states to practice medicine, according to a ranking by WalletHub.

“In order to help doctors decide where to practice, WalletHub compared the 50 states and the District of Columbia across 19 key metrics,” the article releasing the findings says. “Our data set ranges from the average annual wage of physicians to hospitals per capita to the quality of the public hospital system.”

South Dakota is the second best place to practice medicine, according to the ranking. See how other states compared and learn more about the methodology at the link below.

Sioux Falls ranked among top 50 best places for families

A move is a big consideration, and it’s one that doesn’t just affect you, but your family as well. For that reason, Fortune has compiled a list of the top 50 best places for families, and we’re excited that Sioux Falls has made the list as one of the best places for families, coming in at no. 35.

“In our analysis of nearly 1,900 cities across the country, the best places to live scored high on assets like health care, education, and resources for seniors—all of which can help fight isolation and build social ties. For the first time, this year’s list highlights the best place to live in each of the 50 states,” the article releasing the findings says.

To learn more about the methodology, to see which other cities made the list, and more, click the link below.

Sioux Falls is a top 100 city to live

If you’re looking for a new place to lay down some roots and start a new chapter, the options can seem to be endless. But in reality, there are many cities that are “hidden gems” throughout America. However, we may be a little biased towards one specific city: Sioux Falls.

We’ve always known that Sioux Falls is one of the best places to live, work, raise a family, and so much more. Now, Livability has ranked Sioux Falls as a top 100 city to live!

Livability’s Top 100 is compiled each year and considers only cities with populations of 75,000-500,000.

“Together we curated our cities based on nearly 100 data points and an algorithm taking into account measures of a city’s economy, housing and cost of living, amenities, transportation, environment, safety, education and health,” the article releasing the list said.

To see why Sioux Falls made the list, click the link below!

Sioux Falls is a top 25 place to retire for 2023

Retire better in Sioux Falls, SD

After spending decades working, your retirement is something you should enjoy. Fortunately, Forbes has done research to identify the top 25 places for retirement in 2023.

Sioux Falls is one of the best places to retire! With housing prices lower than the national median– $376,000– Sioux Falls is a great place to put down new roots. The study took into account quality of life indicators, factors that promote active retirement, and more.

“Accordingly, the Forbes Best Places to Retire In 2023 list aims to identify the top choices across the U.S. for high quality retirement living at an affordable price,” the article said.

See why Sioux Falls made the list at the link below.

Sioux Falls ranked the #5 best place for college grads

Start your career in Sioux Falls

After four years of hard work and dedication, college graduation is a big moment to celebrate! But what comes next: finding a job, a new place to live, and starting a new phase of life can be intimidating.

Luckily, we know a city that’s a fantastic place to start a new chapter: Sioux Falls, SD, is the no. 5 best place for college grads according to Stacker.

“To be included, each metro needed a large share of residents with advanced degrees and a 2021 unemployment rate lower than or equal to the national average, which was 5.3%,” the article said. “Housing costs for young adults also had to be more affordable than the national average, measured as the ratio of the median income of households headed by people under 25 to the typical rent for a one-bedroom apartment. Metros were sorted by the median income of residents under 25, relative to the overall median income.”

See more about Sioux Falls’ ranking and how other cities compared!

Sioux Falls metro considered “resilient” in post-pandemic economic recovery

To measure how local economies were faring during one of the most volatile economic periods in recent memory, Brookings Metro launched the Metro Recovery Index in 2020. It included critical insights on certain elements of economic recovery, including jobs, home prices, rents, and commuting patterns. Their newly released Metro Monitor provides a comprehensive look at how the pandemic impacted inclusive growth across 192 U.S. metro areas with populations of at least 250,000, which together are home to 78% of the nation’s population and contribute 84% of the nation’s GDP.

The Metro Monitor examines economic performance across five broad categories: growth, prosperity, overall inclusion, racial inclusion and geographic inclusion. Each category is measured using three standardized indicators. To assess how the pandemic influenced inclusive growth, this analysis examines trends across those indicators over two time periods: 2011-2019 and 2019-2021 during the pandemic.

Sioux Falls metro was one of 50 areas considered “Resilient,” having an inclusive growth score that ranked in the top half of metro areas in both periods, meaning it was a strong performer prior to the pandemic (ranking 18th) and sustained strong performance through the pandemic (ranking 12th).

South Dakota is the 7th best state to retire in 2023

The decision to retire can be a difficult one, but with the freedom to live your life to the fullest, why not retire somewhere that your life can be better than ever?

Well, South Dakota is one of those places! According to WalletHub, South Dakota is the 7th best place to retire for 2023.

“If retirement is still a big question mark for you because of finances, consider relocating to a state that lets you keep more money in your pocket without requiring a drastic lifestyle change,” the article releasing the findings says. “To determine the best states to retire, WalletHub compared the 50 states across 47 key indicators of retirement-friendliness. Our analysis examines affordability, health-related factors and overall quality of life.”

See why SD scored highly at the link below!

Sioux Falls is the 8th happiest city in the nation

Sioux Falls is one of the happiest cities in the country! That’s according to a new study conducted by WalletHub.

The researchers used three key dimensions to determine happiness in 182 of America’s largest cities: the 150 most populated cities in the country, plus at least two of the most populated cities in each state.

“WalletHub drew upon the various findings of positive-psychology research in order to determine which among more than 180 of the largest U.S. cities is home to the happiest people in America,” the article releasing the findings says. “We examined each city based on 30 key indicators of happiness, ranging from the depression rate to the income-growth rate to average leisure time spent per day.”

To see the methods and how other cities stacked up, click the link below!

Sioux Falls metro area renters pay lower percentage of income on housing

While the cost of living is rising, renter households in the Sioux Falls area fare better than most peer communities in the region.

Newly released data from the Census Bureau’s American Community Survey provides the housing cost ratio (percentage of household income spent on housing costs) for every county in the nation.

Here’s how Sioux Falls compares:

Housing Cost Ratio

St. Paul, Ramsey County 29.8

Rochester, Olmsted County 28.6

Omaha, Douglas County 28.3

Minneapolis, Hennepin County 28.2

Des Moines, Polk County 26.9

Sioux City, Woodbury County 25.9

Sioux Falls, Minnehaha County 25.9

Sioux Falls, Lincoln County 25.5

Fargo, Cass County 25.3

Households are considered cost burdened when they spend more than 30 percent of their income on rent, mortgage, and other housing needs.

Sioux Falls is the 6th hardest working city in America

We work smarter, and harder

Welcome to Sioux Falls, SD, where our residents are among the hardest working people anywhere in the United States!

Recently, WalletHub ranked Sioux Falls as the 6th hardest-working city in America. Using factors like employment rate, work week hours, commute time, and community activism, the study confirmed that Sioux Falls a great place to work.

“In order to determine which cities outwork the rest of America, WalletHub compared the 116 largest cities across 11 key metrics,” the article publishing the findings says. “Our data set ranges from the employment rate to average weekly work hours to the share of workers with multiple jobs.”

To see the full methodology and how other cities compared, click ‘learn more’ below.

Sioux Falls: A top 10 city for remote work

Sioux Falls: 8th Best City for Remote Work

As companies have increasingly allowed for work from home options, people are looking for the best places to live as remote workers.

Forage has done the research and found which small cities in the U.S. are the best places to live for remote workers, and Sioux Falls is one of them, ranking No. 8.

“If you have the option to work from home, living in a smaller, more affordable city rather than a dense metropolis may be worth considering,” the article says. Cities were scored based on nine criteria relevant to remote workers to assess the feasibility of working from home, affordability, and local entertainment.

Learn more about Sioux Falls’ ranking, how the study was conducted, and how other cities ranked at the link below.

South Dakota ranked No. 2 best business tax climate

When it comes to picking a state that has the best business tax climate, South Dakota is always near the top! With no corporate or individual state income tax, it’s a great place to own a business. The Tax Foundation’s State Business Tax Climate Index revealed South Dakota is the second best state for business tax climate. Curious which other states are in the top ranks? Learn more at the link below.

Sioux Falls metro building homes at 5th fastest rate in the nation

Lately, headlines of housing shortages, inflation, and interest rates have homebuyers wondering if a slowdown will happen any time soon. If you find yourself in that boat, Sioux Falls might be the place for you! According to a recent report from Inspection Support Network, the Sioux Falls Metro is building houses at the 5th fastest rate in America among small metros!

“To determine the metros building the most homes, researchers at Inspection Support Network analyzed the latest data from the U.S. Census Bureau and Zillow,” the release said. “The researchers ranked metro areas according to the number of new housing units authorized per 1,000 existing homes in 2021. In the event of a tie, the metro with higher total new housing units authorized in 2021 was ranked higher.”

Learn more and view the full results below!