Can you afford to live in Sioux Falls?
Median household income, home values and rent in Sioux Falls, SD — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.
U.S. Census Bureau, American Community Survey 5-year estimates.
This story was assembled using AI and public data sources.
What it costs to live in Sioux Falls.
Median household income: $74,714 — +42.3% since 2015 (not adjusted for inflation)
Median gross rent: $993/mo — +36.8% since 2015
Median home value, 2015 to 2023
- 2015: 157800
- 2023: 271400
Median household income
- Sioux Falls: 74714
- Minnehaha County: 76074
- SD: 72421
- U.S.: 78538
Median gross rent
- Sioux Falls: 993
- Minnehaha County: 954
- SD: 912
- U.S.: 1348
Share of income a typical renter spends on rent: 25.7% — U.S.: 30.2%
What it means
Households here earn about what households nationally earn ($74,714 versus $78,538).
The typical renter here spends 25.7% of household income on rent, below the 30% cost-burden line.
Since 2015, income has kept pace with rent here (+42.3% versus +36.8%), before adjusting for inflation.
Sources
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — Population, income, housing, education, commuting and poverty figures
- Census Bureau API — ACS Detailed Tables — The endpoint these pages are generated from
- data.census.gov — Look up the same tables for any place yourself
- ACS accuracy statement — Estimates carry margins of error; small places vary the most
Loading the live page…