HomeSouth DakotaHutchinson County
Hutchinson County, South Dakota: commercial real estate data.
Hutchinson County, South Dakota has a population of 7,404 across 813 square miles, down 0.1 percent since the 2020 census base. County output reached $555.5 m in 2024, 239 establishments operate here, and the SBA record carries 3 7(a) approvals worth $536,300.
116 sourced county values · tier FULL · 11 sections
Hutchinson County
How many people live in Hutchinson County
- Population7,404
- Households2,908
- Average household size2.55
- Median household income$73,977
- Median age42.1
- Median gross rent$727 per month
- Median owner-occupied home value$163,000
- Home value to household income2.2 times
- Annual rent as a share of median income11.8 percent
- Adults 25 and over with a bachelor degree or higher28.8 percent
- Adults 25 and over with a graduate degree6.4 percent
- Adults 25 and over4,981
- Population under 181,957
- Share under 1826.4 percent
- Population 65 and over1,613
- Share 65 and over21.8 percent
- Working age population, 18 to 643,834
- Civilian labor force3,698
- Unemployment rate1.6 percent
- Labor force participation, adults 18 and over67.9 percent
- Rank by population among South Dakota counties24th of 66
- Rank by population among US county-equivalents2705th
Hutchinson County is the 24th largest of 66 South Dakota counties by population. A median home costs 2.2 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 26.4 percent against 21.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Hutchinson County
Is Hutchinson County growing
- Population change since the 2020 census base-0.12 percent
- Census 2020 base population7,425
- Births, 202497
- Deaths, 2024112
- Natural change, 2024-15
- Net domestic migration, 20245
- Net international migration, 20244
- Total net migration, 20249
- Cumulative net domestic migration, 2021 to 202448
- Rank by growth among US county-equivalents1881st
The county has lost 0.12 percent of its population 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.
Hutchinson County
Where people moving to Hutchinson County come from
- Tax returns filed by households arriving162
- People arriving, from those returns309
- Adjusted gross income arriving$8.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$54,617
- Largest single originHutchinson County Non-migrants (2,692 households)
- Largest single destination (2,692 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hutchinson County Non-migrants | 2,692 | 5,700 | $215.7 m |
| Other flows - Same State | 93 | 186 | $5.1 m |
| Other flows - Different State | 45 | 86 | $2.5 m |
| Other flows - Midwest | 25 | 44 | $1.3 m |
| Minnehaha County | 24 | 37 | $1.2 m |
| Other flows - West | 20 | 42 | $1.2 m |
The largest single source of arrivals is Hutchinson 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.
Hutchinson County
What the Hutchinson County economy runs on
- County GDP, 2024$555.5 m
- County GDP, 2023$559.9 m
- GDP change, 2023 to 2024-0.8 percent
- GDP change over five years50.1 percent
- Rank by GDP among South Dakota counties20th
- Rank by GDP among US county-equivalents2339th
- GDP per resident$75,020
Output grew -0.8 percent in the latest year and 50.1 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.
Hutchinson County
Who employs people in Hutchinson County
- Covered employment, annual average2,756
- Establishments reporting306
- Average annual pay$48,418
- Average weekly wage$931
- Sector 42, employment366
- Sector 42, average annual pay$70,000
- Sector 31-33, employment346
- Sector 31-33, average annual pay$58,289
- Sector 44-45, employment243
- Sector 44-45, average annual pay$27,505
- Sector 52, employment90
- Sector 52, average annual pay$74,341
- Sector 23, employment86
- Sector 54, employment77
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 42 | 366 | 33 | $70,000 |
| Sector 31-33 | 346 | 14 | $58,289 |
| Sector 44-45 | 243 | 26 | $27,505 |
| Sector 52 | 90 | 18 | $74,341 |
| Sector 23 | 86 | 24 | $66,574 |
| Sector 54 | 77 | 26 | $68,368 |
| Sector 81 | 64 | 21 | $39,103 |
| Sector 56 | 52 | 10 | $28,880 |
The largest sector is the biggest private employer group at 366 jobs, 13.3 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.
Hutchinson County
What businesses operate in Hutchinson County
- Establishments, all industries239
- Employment at those establishments2,149
- Annual payroll$101.4 m
- Establishments per 1,000 residents32.3
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.
Hutchinson County
What is being built in Hutchinson County
- Housing units authorised by permit, 202421
- Declared construction value permitted$9.1 m
- Single family units authorised21
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$435,093
- Units authorised per 1,000 households7.2
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Hutchinson County
How much SBA lending happens in Hutchinson County
- 7(a) approvals recorded3
- 7(a) gross approval dollars$536,300
- Average 7(a) approval$178,767
- Median 7(a) approval$100,000
- 10th percentile approval$98,800
- 90th percentile approval$337,500
- Largest single approval$337,500
- Jobs reported supported, 7(a)8
- Jobs per approval2.7
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer33.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countFull-Service Restaurants (1)
- Most active lenderCampbell County Bank (1)
- 504 approvals recorded9
- 504 gross approval dollars$3.6 m
- Average 504 approval$402,889
- Median 504 approval$215,000
- Distinct CDCs active3
- 504 jobs per approval1.8
- 504 jobs per million dollars approved4.4
- Most active CDCDakota Business Finance (5)
- 7(a) share of SBA approvals25.0 percent
- Combined SBA approval dollars$4.2 m
The average approval of $178,767 sits well above the median of $100,000, 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. 33.3 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.
Hutchinson County
Do SBA loans in Hutchinson County get paid back
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
- Status: Exempt from disclosure2
Too few loans have reached a final outcome to publish a charge off rate. only 1 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.
Hutchinson County
Which parts of Hutchinson County get the lending
- Places in the county with recorded lending3
- Parkston, approvals1
- Menno, approvals1
- FREEMAN, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Parkston | 1 | $98,800 |
| Menno | 1 | $337,500 |
| FREEMAN | 1 | $100,000 |
Parkston accounts for 1 approvals against 1 in Menno. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hutchinson County
How big is Hutchinson County
- Land area813 sq mi
- Rank by land area among South Dakota counties39th of 66
- Width, east to west36 mi
- Height, north to south22.9 mi
- Geographies sharing a boundary8
- Residents per square mile of land9
- Establishments per square mile0.29
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 Hutchinson 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 Hutchinson County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population7,404
- Households2,908
- Average household size2.55
- Median household income$73,977
- Median age42.1
Common questions
Hutchinson County questions, answered from the record.
How many people live in Hutchinson County, South Dakota?
7,404, in 2,908 households, ranking 24th of 66 South Dakota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hutchinson County growing?
The population has fallen 0.12 percent since the 2020 census base. In 2024 there were 97 births against 112 deaths, with net migration of 9. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hutchinson County?
$73,977. The median owner-occupied home is valued at $163,000, which is 2.2 times income, and median gross rent is $727 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Hutchinson County?
239 establishments, employing 2,149 people with an annual payroll of $101.4 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 Hutchinson County?
Average annual pay is $48,418, or $931 a week, across 2,756 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hutchinson County?
3 7(a) approvals totalling $536,300 since FY2020, across 3 lenders, with a median approval of $100,000, plus 9 504 approvals worth $3.6 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Hutchinson County?
21 housing units were authorised by permit in 2024, with a declared construction value of $9.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hutchinson 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 Hutchinson County come from?
The largest single origin is Hutchinson County Non-migrants, with 2,692 households. Arriving households report an average income of $54,617 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 Hutchinson 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 Hutchinson 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.