HomeSouth DakotaSpink County
Spink County, South Dakota: commercial real estate data.
Spink County, South Dakota has a population of 6,219 across 1,504 square miles, down 3.9 percent since the 2020 census base. County output reached $549.1 m in 2024, 197 establishments operate here, and the SBA record carries 2 7(a) approvals worth $967,500.
111 sourced county values · tier FULL · 10 sections
Spink County
How many people live in Spink County
- Population6,219
- Households2,486
- Average household size2.50
- Median household income$70,139
- Median age45.5
- Median gross rent$734 per month
- Median owner-occupied home value$123,300
- Home value to household income1.8 times
- Annual rent as a share of median income12.6 percent
- Adults 25 and over with a bachelor degree or higher28.2 percent
- Adults 25 and over with a graduate degree5.7 percent
- Adults 25 and over4,511
- Population under 181,313
- Share under 1821.1 percent
- Population 65 and over1,522
- Share 65 and over24.5 percent
- Working age population, 18 to 643,384
- Civilian labor force3,071
- Unemployment rate1.3 percent
- Labor force participation, adults 18 and over62.6 percent
- Rank by population among South Dakota counties29th of 66
- Rank by population among US county-equivalents2795th
Spink County is the 29th largest of 66 South Dakota counties by population. A median home costs 1.8 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 24.5 percent against 21.1 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.
Spink County
Is Spink County growing
- Population change since the 2020 census base-3.92 percent
- Census 2020 base population6,357
- Births, 202463
- Deaths, 202488
- Natural change, 2024-25
- Net domestic migration, 2024-21
- Net international migration, 20244
- Total net migration, 2024-17
- Cumulative net domestic migration, 2021 to 2024-169
- Rank by growth among US county-equivalents2892nd
The county has lost 3.92 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Spink County
Where people moving to Spink County come from
- Tax returns filed by households arriving116
- People arriving, from those returns203
- Adjusted gross income arriving$6.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$55,836
- Largest single originSpink County Non-migrants (2,356 households)
- Largest single destination (2,356 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Spink County Non-migrants | 2,356 | 4,836 | $198.7 m |
| Other flows - Same State | 47 | 71 | $2.3 m |
| Other flows - Different State | 45 | 99 | $3.2 m |
| Other flows - Midwest | 25 | 54 | $1.4 m |
| Brown County | 24 | 33 | $1.0 m |
| Other flows - West | 20 | 45 | $1.8 m |
The largest single source of arrivals is Spink 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.
Spink County
What the Spink County economy runs on
- County GDP, 2024$549.1 m
- County GDP, 2023$646.4 m
- GDP change, 2023 to 2024-15.1 percent
- GDP change over five years28.7 percent
- Rank by GDP among South Dakota counties22nd
- Rank by GDP among US county-equivalents2349th
- GDP per resident$88,290
Output grew -15.1 percent in the latest year and 28.7 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.
Spink County
Who employs people in Spink County
- Covered employment, annual average2,310
- Establishments reporting272
- Average annual pay$51,117
- Average weekly wage$983
- Sector 42, employment232
- Sector 42, average annual pay$98,212
- Sector 11, employment224
- Sector 11, average annual pay$56,885
- Sector 44-45, employment188
- Sector 44-45, average annual pay$28,011
- Sector 23, employment105
- Sector 23, average annual pay$56,184
- Sector 52, employment88
- Sector 31-33, employment84
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 42 | 232 | 23 | $98,212 |
| Sector 11 | 224 | 40 | $56,885 |
| Sector 44-45 | 188 | 22 | $28,011 |
| Sector 23 | 105 | 24 | $56,184 |
| Sector 52 | 88 | 17 | $62,005 |
| Sector 31-33 | 84 | 6 | $61,774 |
| Sector 81 | 52 | 15 | $44,507 |
| Sector 54 | 44 | 13 | $70,180 |
The largest sector is the biggest private employer group at 232 jobs, 10.0 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.
Spink County
What businesses operate in Spink County
- Establishments, all industries197
- Employment at those establishments1,311
- Annual payroll$66.7 m
- Establishments per 1,000 residents31.7
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.
Spink County
What is being built in Spink County
- Housing units authorised by permit, 202420
- Declared construction value permitted$8.7 m
- Single family units authorised16
- Multifamily units authorised4
- Multifamily share of units20.0 percent
- Average declared value per unit$434,000
- Units authorised per 1,000 households8.0
Multifamily is 20.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Spink County
How much SBA lending happens in Spink County
- 7(a) approvals recorded2
- 7(a) gross approval dollars$967,500
- Average 7(a) approval$483,750
- Median 7(a) approval$910,000
- 10th percentile approval$57,500
- 90th percentile approval$910,000
- Largest single approval$910,000
- Jobs reported supported, 7(a)6
- Jobs per approval3.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term84 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 shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countHay Farming (2)
- Most active lenderRed River State Bank (2)
- 504 approvals recorded10
- 504 gross approval dollars$3.0 m
- Average 504 approval$301,900
- Median 504 approval$301,000
- Distinct CDCs active4
- 504 jobs per approval1.2
- 504 jobs per million dollars approved4.0
- Most active CDCAlly Dakota Development, Inc. (6)
- 7(a) share of SBA approvals16.7 percent
- Combined SBA approval dollars$4.0 m
The average approval of $483,750 sits close to the median of $910,000, 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.
Spink County
Do SBA loans in Spink County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
Too few loans have reached a final outcome to publish a charge off rate. only 2 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.
Spink County
How big is Spink County
- Land area1,504 sq mi
- Rank by land area among South Dakota counties17th of 66
- Width, east to west36.2 mi
- Height, north to south42.3 mi
- Geographies sharing a boundary6
- Residents per square mile of land4
- Establishments per square mile0.13
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 Spink 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 Spink County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population6,219
- Households2,486
- Average household size2.50
- Median household income$70,139
- Median age45.5
Common questions
Spink County questions, answered from the record.
How many people live in Spink County, South Dakota?
6,219, in 2,486 households, ranking 29th of 66 South Dakota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Spink County growing?
The population has fallen 3.92 percent since the 2020 census base. In 2024 there were 63 births against 88 deaths, with net migration of -17. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Spink County?
$70,139. The median owner-occupied home is valued at $123,300, which is 1.8 times income, and median gross rent is $734 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Spink County?
197 establishments, employing 1,311 people with an annual payroll of $66.7 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 Spink County?
Average annual pay is $51,117, or $983 a week, across 2,310 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Spink County?
2 7(a) approvals totalling $967,500 since FY2020, across 1 lenders, with a median approval of $910,000, plus 10 504 approvals worth $3.0 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Spink County?
20 housing units were authorised by permit in 2024, with a declared construction value of $8.7 m. Multifamily was 20.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Spink 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 Spink County come from?
The largest single origin is Spink County Non-migrants, with 2,356 households. Arriving households report an average income of $55,836 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 Spink 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 Spink 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.