HomeSouth DakotaWalworth County
Walworth County, South Dakota: commercial real estate data.
Walworth County, South Dakota has a population of 5,271 across 709 square miles, down 0.9 percent since the 2020 census base. County output reached $319.3 m in 2024, 210 establishments operate here, and the SBA record carries 3 7(a) approvals worth $1.7 m.
115 sourced county values · tier FULL · 11 sections
Walworth County
How many people live in Walworth County
- Population5,271
- Households2,415
- Average household size2.18
- Median household income$65,026
- Median age41.7
- Median gross rent$926 per month
- Median owner-occupied home value$136,600
- Home value to household income2.1 times
- Annual rent as a share of median income17.1 percent
- Adults 25 and over with a bachelor degree or higher29.6 percent
- Adults 25 and over with a graduate degree9.6 percent
- Adults 25 and over3,799
- Population under 181,250
- Share under 1823.7 percent
- Population 65 and over1,212
- Share 65 and over23.0 percent
- Working age population, 18 to 642,809
- Civilian labor force2,558
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over63.6 percent
- Rank by population among South Dakota counties34th of 66
- Rank by population among US county-equivalents2871st
Walworth County is the 34th largest of 66 South Dakota counties by population. A median home costs 2.1 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.7 percent against 23.0 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Walworth County
Is Walworth County growing
- Population change since the 2020 census base-0.90 percent
- Census 2020 base population5,318
- Births, 202482
- Deaths, 202456
- Natural change, 202426
- Net domestic migration, 2024-21
- Net international migration, 20241
- Total net migration, 2024-20
- Cumulative net domestic migration, 2021 to 2024-43
- Rank by growth among US county-equivalents2158th
The county has lost 0.90 percent of its population since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Walworth County
Where people moving to Walworth County come from
- Tax returns filed by households arriving109
- People arriving, from those returns195
- Adjusted gross income arriving$5.2 m
- Net adjusted gross income movement$0
- Average income of an arriving household$48,128
- Largest single originWalworth County Non-migrants (2,084 households)
- Largest single destination (2,084 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Walworth County Non-migrants | 2,084 | 4,249 | $168.3 m |
| Other flows - Same State | 73 | 128 | $3.7 m |
| Other flows - Different State | 36 | 67 | $1.5 m |
| Other flows - Midwest | 36 | 67 | $1.5 m |
The largest single source of arrivals is Walworth 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.
Walworth County
What the Walworth County economy runs on
- County GDP, 2024$319.3 m
- County GDP, 2023$342.8 m
- GDP change, 2023 to 2024-6.9 percent
- GDP change over five years20.8 percent
- Rank by GDP among South Dakota counties36th
- Rank by GDP among US county-equivalents2670th
- GDP per resident$60,576
Output grew -6.9 percent in the latest year and 20.8 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.
Walworth County
Who employs people in Walworth County
- Covered employment, annual average2,033
- Establishments reporting252
- Average annual pay$46,774
- Average weekly wage$899
- Sector 44-45, employment348
- Sector 44-45, average annual pay$25,942
- Sector 72, employment195
- Sector 72, average annual pay$17,371
- Sector 42, employment127
- Sector 42, average annual pay$63,132
- Sector 48-49, employment95
- Sector 48-49, average annual pay$51,012
- Sector 52, employment91
- Sector 56, employment76
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 348 | 38 | $25,942 |
| Sector 72 | 195 | 30 | $17,371 |
| Sector 42 | 127 | 13 | $63,132 |
| Sector 48-49 | 95 | 6 | $51,012 |
| Sector 52 | 91 | 16 | $74,008 |
| Sector 56 | 76 | 12 | $57,217 |
| Sector 54 | 66 | 21 | $66,349 |
| Sector 22 | 38 | 5 | $102,044 |
The largest sector is the biggest private employer group at 348 jobs, 17.1 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.
Walworth County
What businesses operate in Walworth County
- Establishments, all industries210
- Employment at those establishments1,607
- Annual payroll$70.9 m
- Establishments per 1,000 residents39.8
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.
Walworth County
What is being built in Walworth County
- Housing units authorised by permit, 20242
- Declared construction value permitted$641,300
- Single family units authorised2
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$320,650
- Units authorised per 1,000 households0.8
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Walworth County
How much SBA lending happens in Walworth County
- 7(a) approvals recorded3
- 7(a) gross approval dollars$1.7 m
- Average 7(a) approval$571,667
- Median 7(a) approval$247,500
- 10th percentile approval$15,000
- 90th percentile approval$1,452,500
- Largest single approval$1,452,500
- Jobs reported supported, 7(a)18
- Jobs per approval6.0
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term144 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 shorter1
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countFurniture Stores (1)
- Most active lenderFirst Interstate Bank (1)
- 504 approvals recorded1
- 504 gross approval dollars$142,000
- Average 504 approval$142,000
- Median 504 approval$142,000
- Distinct CDCs active1
- 504 jobs per approval1.0
- 504 jobs per million dollars approved7.0
- Most active CDCAlly Dakota Development, Inc. (1)
- 7(a) share of SBA approvals75.0 percent
- Combined SBA approval dollars$1.9 m
The average approval of $571,667 sits well above the median of $247,500, 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.
Walworth County
Do SBA loans in Walworth County get paid back
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Exempt from disclosure2
- Status: Paid in full1
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.
Walworth County
Which parts of Walworth County get the lending
- Places in the county with recorded lending2
- Mobridge, approvals2
- SELBY, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Mobridge | 2 | $1,700,000 |
| SELBY | 1 | $15,000 |
Mobridge accounts for 2 approvals against 1 in SELBY. 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.
Walworth County
How big is Walworth County
- Land area709 sq mi
- Rank by land area among South Dakota counties45th of 66
- Width, east to west37.8 mi
- Height, north to south24.1 mi
- Geographies sharing a boundary6
- Residents per square mile of land7
- Establishments per square mile0.30
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 Walworth 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 Walworth County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population5,271
- Households2,415
- Average household size2.18
- Median household income$65,026
- Median age41.7
Common questions
Walworth County questions, answered from the record.
How many people live in Walworth County, South Dakota?
5,271, in 2,415 households, ranking 34th of 66 South Dakota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Walworth County growing?
The population has fallen 0.90 percent since the 2020 census base. In 2024 there were 82 births against 56 deaths, with net migration of -20. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Walworth County?
$65,026. The median owner-occupied home is valued at $136,600, which is 2.1 times income, and median gross rent is $926 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Walworth County?
210 establishments, employing 1,607 people with an annual payroll of $70.9 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 Walworth County?
Average annual pay is $46,774, or $899 a week, across 2,033 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Walworth County?
3 7(a) approvals totalling $1.7 m since FY2020, across 3 lenders, with a median approval of $247,500, plus 1 504 approvals worth $142,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Walworth County?
2 housing units were authorised by permit in 2024, with a declared construction value of $641,300. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Walworth 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 Walworth County come from?
The largest single origin is Walworth County Non-migrants, with 2,084 households. Arriving households report an average income of $48,128 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 Walworth 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 Walworth 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.