HomeSouth DakotaHamlin County
Hamlin County, South Dakota: commercial real estate data.
Hamlin County, South Dakota has a population of 6,373 across 507 square miles, up 7.0 percent since the 2020 census base. County output reached $424.8 m in 2024, 213 establishments operate here, and the SBA record carries 4 7(a) approvals worth $1.3 m.
110 sourced county values · tier FULL · 10 sections
Hamlin County
How many people live in Hamlin County
- Population6,373
- Households2,194
- Average household size2.90
- Median household income$87,101
- Median age31.8
- Median gross rent$800 per month
- Median owner-occupied home value$208,600
- Home value to household income2.4 times
- Annual rent as a share of median income11.0 percent
- Adults 25 and over with a bachelor degree or higher24.5 percent
- Adults 25 and over with a graduate degree6.1 percent
- Adults 25 and over3,686
- Population under 182,111
- Share under 1833.1 percent
- Population 65 and over911
- Share 65 and over14.3 percent
- Working age population, 18 to 643,351
- Civilian labor force3,182
- Unemployment rate0.5 percent
- Labor force participation, adults 18 and over74.7 percent
- Rank by population among South Dakota counties28th of 66
- Rank by population among US county-equivalents2784th
Hamlin County is the 28th largest of 66 South Dakota counties by population. A median home costs 2.4 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 33.1 percent against 14.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Hamlin County
Is Hamlin County growing
- Population change since the 2020 census base7.04 percent
- Census 2020 base population6,162
- Births, 2024137
- Deaths, 202454
- Natural change, 202483
- Net domestic migration, 202436
- Net international migration, 202426
- Total net migration, 202462
- Cumulative net domestic migration, 2021 to 202445
- Rank by growth among US county-equivalents308th
The county has grown 7.04 percent since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Hamlin County
Where people moving to Hamlin County come from
- Tax returns filed by households arriving166
- People arriving, from those returns327
- Adjusted gross income arriving$11.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$71,934
- Largest single originHamlin County Non-migrants (2,162 households)
- Largest single destination (2,162 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hamlin County Non-migrants | 2,162 | 5,377 | $193.3 m |
| Other flows - Different State | 56 | 122 | $3.9 m |
| Other flows - Same State | 53 | 93 | $4.8 m |
| Other flows - West | 34 | 80 | $1.9 m |
| Codington County | 33 | 76 | $1.7 m |
| Brookings County | 24 | 36 | $1.6 m |
| Other flows - Midwest | 22 | 42 | $2.0 m |
The largest single source of arrivals is Hamlin 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.
Hamlin County
What the Hamlin County economy runs on
- County GDP, 2024$424.8 m
- County GDP, 2023$398.8 m
- GDP change, 2023 to 20246.5 percent
- GDP change over five years53.7 percent
- Rank by GDP among South Dakota counties27th
- Rank by GDP among US county-equivalents2510th
- GDP per resident$66,652
Output grew 6.5 percent in the latest year and 53.7 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.
Hamlin County
Who employs people in Hamlin County
- Covered employment, annual average2,629
- Establishments reporting279
- Average annual pay$55,544
- Average weekly wage$1,068
- Sector 23, employment491
- Sector 23, average annual pay$64,459
- Sector 44-45, employment196
- Sector 44-45, average annual pay$49,537
- Sector 42, employment193
- Sector 42, average annual pay$70,919
- Sector 62, employment115
- Sector 62, average annual pay$31,257
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 23 | 491 | 68 | $64,459 |
| Sector 44-45 | 196 | 18 | $49,537 |
| Sector 42 | 193 | 19 | $70,919 |
| Sector 62 | 115 | 14 | $31,257 |
The largest sector is the biggest private employer group at 491 jobs, 18.7 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.
Hamlin County
What businesses operate in Hamlin County
- Establishments, all industries213
- Employment at those establishments1,725
- Annual payroll$102.2 m
- Establishments per 1,000 residents33.4
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.
Hamlin County
What is being built in Hamlin County
- Housing units authorised by permit, 202462
- Declared construction value permitted$18.9 m
- Single family units authorised52
- Multifamily units authorised10
- Multifamily share of units16.1 percent
- Average declared value per unit$305,467
- Units authorised per 1,000 households28.3
Multifamily is 16.1 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Hamlin County
How much SBA lending happens in Hamlin County
- 7(a) approvals recorded4
- 7(a) gross approval dollars$1.3 m
- Average 7(a) approval$322,700
- Median 7(a) approval$540,000
- 10th percentile approval$100,000
- 90th percentile approval$550,800
- Largest single approval$550,800
- Jobs reported supported, 7(a)21
- Jobs per approval5.3
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter4
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countPlumbing, Heating, and Air-Conditioning Contractors (2)
- Most active lenderNewtek Bank, National Association (2)
- 504 approvals recorded10
- 504 gross approval dollars$9.1 m
- Average 504 approval$906,400
- Median 504 approval$569,000
- Distinct CDCs active3
- 504 jobs per approval4.2
- 504 jobs per million dollars approved4.6
- Most active CDCAlly Dakota Development, Inc. (8)
- 7(a) share of SBA approvals28.6 percent
- Combined SBA approval dollars$10.4 m
The average approval of $322,700 sits close to the median of $540,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
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.
Hamlin County
Do SBA loans in Hamlin County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure3
- Status: Committed, not yet disbursed1
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.
Hamlin County
How big is Hamlin County
- Land area507 sq mi
- Rank by land area among South Dakota counties60th of 66
- Width, east to west29.9 mi
- Height, north to south18 mi
- Geographies sharing a boundary5
- Residents per square mile of land13
- Establishments per square mile0.42
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 Hamlin 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 Hamlin County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population6,373
- Households2,194
- Average household size2.90
- Median household income$87,101
- Median age31.8
Common questions
Hamlin County questions, answered from the record.
How many people live in Hamlin County, South Dakota?
6,373, in 2,194 households, ranking 28th of 66 South Dakota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hamlin County growing?
The population has grown 7.04 percent since the 2020 census base. In 2024 there were 137 births against 54 deaths, with net migration of 62. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hamlin County?
$87,101. The median owner-occupied home is valued at $208,600, which is 2.4 times income, and median gross rent is $800 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Hamlin County?
213 establishments, employing 1,725 people with an annual payroll of $102.2 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 Hamlin County?
Average annual pay is $55,544, or $1,068 a week, across 2,629 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hamlin County?
4 7(a) approvals totalling $1.3 m since FY2020, across 3 lenders, with a median approval of $540,000, plus 10 504 approvals worth $9.1 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Hamlin County?
62 housing units were authorised by permit in 2024, with a declared construction value of $18.9 m. Multifamily was 16.1 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hamlin County?
Zone 1, a predicted average indoor radon screening level greater than 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 Hamlin County come from?
The largest single origin is Hamlin County Non-migrants, with 2,162 households. Arriving households report an average income of $71,934 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 Hamlin 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 Hamlin 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.