HomeSouth DakotaFall River County
Fall River County, South Dakota: commercial real estate data.
Fall River County, South Dakota has a population of 7,258 across 1,740 square miles, up 5.6 percent since the 2020 census base. County output reached $372.0 m in 2024, 209 establishments operate here, and the SBA record carries 7 7(a) approvals worth $4.5 m.
111 sourced county values · tier FULL · 10 sections
Fall River County
How many people live in Fall River County
- Population7,258
- Households3,632
- Average household size2.00
- Median household income$67,917
- Median age55.3
- Median gross rent$931 per month
- Median owner-occupied home value$193,200
- Home value to household income2.8 times
- Annual rent as a share of median income16.4 percent
- Adults 25 and over with a bachelor degree or higher29.4 percent
- Adults 25 and over with a graduate degree9.4 percent
- Adults 25 and over5,792
- Population under 181,178
- Share under 1816.2 percent
- Population 65 and over2,382
- Share 65 and over32.8 percent
- Working age population, 18 to 643,698
- Civilian labor force3,267
- Unemployment rate2.5 percent
- Labor force participation, adults 18 and over53.7 percent
- Rank by population among South Dakota counties25th of 66
- Rank by population among US county-equivalents2719th
Fall River County is the 25th largest of 66 South Dakota counties by population. A median home costs 2.8 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 32.8 percent against 16.2 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Fall River County
Is Fall River County growing
- Population change since the 2020 census base5.57 percent
- Census 2020 base population6,971
- Births, 202444
- Deaths, 2024134
- Natural change, 2024-90
- Net domestic migration, 202480
- Net international migration, 20240
- Total net migration, 202480
- Cumulative net domestic migration, 2021 to 2024772
- Rank by growth among US county-equivalents463rd
The county has grown 5.57 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Fall River County
Where people moving to Fall River County come from
- Tax returns filed by households arriving341
- People arriving, from those returns595
- Adjusted gross income arriving$24.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$72,950
- Largest single originFall River County Non-migrants (2,859 households)
- Largest single destination (2,859 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Fall River County Non-migrants | 2,859 | 5,517 | $188.1 m |
| Other flows - Different State | 235 | 422 | $17.5 m |
| Other flows - West | 136 | 247 | $10.7 m |
| Other flows - Midwest | 70 | 119 | $5.1 m |
| Other flows - Same State | 61 | 98 | $3.3 m |
| Pennington County | 45 | 75 | $4.0 m |
| Other flows - South | 29 | 56 | $1.8 m |
The largest single source of arrivals is Fall River County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Fall River County
What the Fall River County economy runs on
- County GDP, 2024$372.0 m
- County GDP, 2023$333.0 m
- GDP change, 2023 to 202411.7 percent
- GDP change over five years53.1 percent
- Rank by GDP among South Dakota counties31st
- Rank by GDP among US county-equivalents2590th
- GDP per resident$51,260
Output grew 11.7 percent in the latest year and 53.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Fall River County
Who employs people in Fall River County
- Covered employment, annual average2,516
- Establishments reporting352
- Average annual pay$51,214
- Average weekly wage$985
- Sector 44-45, employment291
- Sector 44-45, average annual pay$33,333
- Sector 72, employment255
- Sector 72, average annual pay$19,871
- Sector 23, employment120
- Sector 23, average annual pay$60,075
- Sector 54, employment82
- Sector 54, average annual pay$67,768
- Sector 81, employment68
- Sector 42, employment60
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 291 | 36 | $33,333 |
| Sector 72 | 255 | 42 | $19,871 |
| Sector 23 | 120 | 39 | $60,075 |
| Sector 54 | 82 | 47 | $67,768 |
| Sector 81 | 68 | 14 | $23,351 |
| Sector 42 | 60 | 19 | $49,116 |
| Sector 71 | 58 | 7 | $30,310 |
| Sector 11 | 55 | 10 | $53,721 |
The largest sector is the biggest private employer group at 291 jobs, 11.6 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Fall River County
What businesses operate in Fall River County
- Establishments, all industries209
- Employment at those establishments1,722
- Annual payroll$103.3 m
- Establishments per 1,000 residents28.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Fall River County
What is being built in Fall River County
- Housing units authorised by permit, 20249
- Declared construction value permitted$998,100
- Single family units authorised9
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$110,900
- Units authorised per 1,000 households2.5
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Fall River County
How much SBA lending happens in Fall River County
- 7(a) approvals recorded7
- 7(a) gross approval dollars$4.5 m
- Average 7(a) approval$648,143
- Median 7(a) approval$243,000
- 10th percentile approval$25,000
- 90th percentile approval$1,850,000
- Largest single approval$1,850,000
- Jobs reported supported, 7(a)77
- Jobs per approval11.0
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals6
- Median 7(a) term240 months
- Share of loans on real estate terms, 240 months or longer57.1 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter3
- Franchise loans1
- Franchise share of approvals14.3 percent
- Leading industry by approval countLimited-Service Restaurants (2)
- Most active lenderFirst Interstate Bank (3)
- 504 approvals recorded6
- 504 gross approval dollars$3.0 m
- Average 504 approval$499,167
- Median 504 approval$457,000
- Distinct CDCs active3
- 504 jobs per approval4.0
- 504 jobs per million dollars approved8.0
- Most active CDCSouth Dakota Development Corporation (2)
- 7(a) share of SBA approvals53.8 percent
- Combined SBA approval dollars$7.5 m
The average approval of $648,143 sits well above the median of $243,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. 57.1 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Fall River County
Do SBA loans in Fall River County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure7
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fall River County
How big is Fall River County
- Land area1,740 sq mi
- Rank by land area among South Dakota counties12th of 66
- Width, east to west53.2 mi
- Height, north to south33 mi
- Geographies sharing a boundary1
- Residents per square mile of land4
- Establishments per square mile0.12
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Fall River County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Fall River County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population7,258
- Households3,632
- Average household size2.00
- Median household income$67,917
- Median age55.3
Common questions
Fall River County questions, answered from the record.
How many people live in Fall River County, South Dakota?
7,258, in 3,632 households, ranking 25th of 66 South Dakota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Fall River County growing?
The population has grown 5.57 percent since the 2020 census base. In 2024 there were 44 births against 134 deaths, with net migration of 80. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Fall River County?
$67,917. The median owner-occupied home is valued at $193,200, which is 2.8 times income, and median gross rent is $931 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Fall River County?
209 establishments, employing 1,722 people with an annual payroll of $103.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Fall River County?
Average annual pay is $51,214, or $985 a week, across 2,516 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Fall River County?
7 7(a) approvals totalling $4.5 m since FY2020, across 5 lenders, with a median approval of $243,000, plus 6 504 approvals worth $3.0 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Fall River County?
9 housing units were authorised by permit in 2024, with a declared construction value of $998,100. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Fall River County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Fall River County come from?
The largest single origin is Fall River County Non-migrants, with 2,859 households. Arriving households report an average income of $72,950 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Fall River County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Fall River County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.