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According to statistics, the population in Sioux Falls, SD amounts to 170,401, which shows growth 2% compared to the previous year. The median age of the city’s residents is 34. The average household income is $56,714, shifting growth 5% from the past year, and the average property value in Sioux Falls, SD growth 4% to $168,600 throughout the year.
Population | 170,401 |
Median Age | 34.3 |
Poverty Rate | 11% |
Household Income | $56,714 |
Number Of Employees | 94,693 |
Median Property Value | $168,600 |
The average household income in Sioux Falls, SD grew from $54,110 to $56,714 in the past year. This data is an estimate based upon 69,055 households in Sioux Falls, SD . The chart below presents how household income is distributed in Sioux Falls, SD in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Sioux Falls, SD shifted from $161,500 to $168,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Sioux Falls, SD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Sioux Falls, SD properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Sioux Falls, SD compared to median property taxes around the country. The prevalent amount of property taxes in Sioux Falls, SD equals $2500, which is less than the national average.