Category: Accolades

Sioux Falls Ranks Among the Most Livable Mid-Sized Cities in America

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Out of 227 cities, Sioux Falls ranks No. 11.

Mid-sized cities can be great places to live, offering an urban feel without the congestion. As the pandemic drives some residents out of densely-populated cities, there are smaller metros that perform well across an array of livability metrics.

In the 2020 study, SmartAsset crunched the numbers to find the most livable mid-sized cities nationwide across eight metrics including:

Gini coefficient * A statistical measurement of income inequality. A Gini coefficient of zero indicates total equality of wealth distribution, while a coefficient of one indicates total inequality of wealth distribution across groups.

Median home value change The percentage change in median home values from 2015 through 2019. Data comes from the U.S. Census Bureau’s 2015 and 2019 1-year American Community Surveys.

Median monthly housing costs * .

Percentage of residents below the poverty line *.

Median household income * .

Unemployment rate Data comes from the Bureau of Labor Statistics and is for July 2020

Percentage of residents without health insurance. Data comes from the U.S. Census Bureau’s 2019 1-year American Community Survey.

Average commute time *

* Data comes from the U.S. Census Bureau’s 2019 1-Year American Community Survey.

Sioux Falls is a top 10 best place to live

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Sioux Falls has been named one of the 2020 Top 100 Best Places to Live by Livability.com, outpacing more than 1,000 cities with populations between 20,000 and 1,000,000 in this data-driven ranking.

This year’s rankings were informed by each city’s “Opportunity Score,” which consists of several variables centered around the economy, job opportunities and growth. When combined, these points offer a snapshot of the opportunity landscape of each city, and the potential for businesses and residents to thrive and grow.

“There are many opportunities not only for careers, but for connection. Sioux Falls is growing rapidly, and it’s amazing to see the impact of community groups. I’ve seen things started by a handful of individuals grow into movements that expand across the entire city — from arts programming to running clubs to environmental initiatives! Whether you’d like to lead the charge on a passion project, or join a group of like-minded individuals, Sioux Falls is a great place to find community.”

Tenley Schwartz , Downtown Sioux Falls Marketing & Content Coordinator

The city’s affordability, low crime rate, top-notch healthcare systems, great schools and four-seasons climate make it the perfect place to build a life. 

Check out the 2020 Top 100 Best Places to Live list.

Sioux Falls is a Top 10 City for First-time Homebuyers

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SmartAsset uncovered the best cities for first-time homebuyers in 2020, comparing 185 of the largest U.S. cities. Sioux Falls cracked the top 10!

SmartAsset analyzed data on 12 metrics across four major categories: home market favorability, affordability, livability and employment. These points offer a snapshot of the opportunity landscape of each city, and the potential for businesses and residents to thrive and grow.

The full report, including the methodology and key findings, can be found here: https://smartasset.com/mortgage/best-cities-for-first-time-homebuyers-2020.

Sioux Falls Named the Happiest City in South Dakota

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Happy and we know it

Zippia turned happiness into a science and scoured the country examining 600 cities to find those with all the ingredients for happiness:

  • Being well educated (Population with at least a bachelor’s degree)
  • Percent of households earning above $75,000
  • Median home prices
  • A short commute to work (Traffic = unhappiness)
  • Having a family (Getting, and staying married, has a ton of happiness benefits, on average)

Zippia listed Sioux Falls as the happiest city in South Dakota.

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Best Housing Markets for Growth & Stability – Sioux Falls Cracks the Top 25

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The Sioux Falls metro area cracked the top 25 places in SmartAsset’s study of the Best Housing Markets for Growth and Stability coming in at No. 24.

SmartAsset, in their sixth annual study set out to find the housing markets that have experienced the most stable growth throughout the past 25 years (1995-2019). They specifically considered historical data on home price growth and volatility in 357 metro areas nationwide.

Best Cities for Young Professionals – Sioux Falls No. 4

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SmartAsset analyzed data from various sources to find the cities across America that are the best for young professionals.

They compared 150 cities across the following metrics: percentage of the population between 25 and 34, county level unemployment rate from May 2020, labor force participation rate for young professionals, median rent, cost of living, density of entertainment establishments, median earnings for full-time workers, four-year change in median earnings and median rent as a percentage of full-time workers earnings.

Seven of the top 10 cities are in the Midwest including Sioux Falls at No. 4!. Midwest cities stand out in two metrics in particular: median rent as a low percentage of full-time workers’ earnings and a high percentage of the population between 25 and 34.

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Least Stressed Cities in America – Sioux Falls No. 3

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To determine the cities where Americans cope best, WalletHub compared 182 cities across 42 key metrics. The data set ranges from how vulnerable the state is to COVID-19 to average weekly work hours to divorce and suicide rates.

Sioux Falls ranked as the third least stressed city. Regional communities ranking alongside Sioux Falls include Lincoln, Fargo and Bismarck.

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Best Cities to Start a Career – Sioux Falls No. 2

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Zippia looked at over 200 cities and ranked them on median income, average rent and unemployment using data from the most recent Census ACS.

The Best Cities to Start a Career according to Zippia’s research are:

  1. Fargo, North Dakota
  2. Sioux Falls, South Dakota
  3. Salt Lake City, Utah
  4. Lincoln, Nebraska
  5. Madison, Wisconsin
  6. Raleigh, North Carolina
  7. Charleston, South Carolina
  8. Boise City, Idaho
  9. Oklahoma City, Oklahoma
  10. Nashville-Davidson, Tennessee
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Sioux Falls Ranks at Top of Hottest U.S. Job Markets

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Sioux Falls is among the top ranked hottest job markets in the U.S. according to the Wall Street Journal. WSJ worked with Moody’s Analytics to assess the labor market of the country’s 381 metro areas based on five metrics:

  • Unemployment Rate
  • Labor-force Participation Rate
  • Job Growth
  • Labor-force Growth
  • Wage Growth

Those rankings were averaged to determine the hottest labor markets for metro areas over 1 million people, and for those under one million people.

Sioux Falls ranked No. 5 among communities with less than one million residents.

Source: The Wall Street Journal

Sioux Falls one of ZipRecruiter’s 10 Hottest Job Markets for 2020

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ZipRecruiter® released its annual list of the 10 Hottest Job Markets for 2020 based on job market size, job market growth, median annual wage, and the average number of job openings per job seeker. ZipRecruiter then averaged the percentile rankings to compare overall job market hotness on a 100-point scale. Sioux Falls ranked No. 3.

The top 10 include:

  1. Fargo, ND
  2. Boston, MA
  3. Sioux Falls, SD
  4. Providence, RI
  5. Portland, ME
  6. San Francisco, CA
  7. Washington, DC
  8. Philadelphia, PA
  9. Bismarck, ND
  10. New York, NY
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