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Rapid City, SD Employment Information
Rapid City, South Dakota Overview
Rapid City, the second largest city in South Dakota after Sioux Falls, has a population of nearly 68,000. It is the county seat of Pennington County. Known as the "City of Presidents," Rapid City is located in the beautiful Black Hills and close to Mount Rushmore, a tourist attraction that draws hundreds of thousands of visitors each year. The city is also home to the South Dakota School of Mines and Technology, a well-regarded technical university; it is also the site of the Oglala Lakota College He Sapa College Center.
Those seeking jobs in Rapid City, SD will find a reasonable cost of living. According to Forbes, it is 6.5 percent below the national average, with a median home price of just $143,900, well below the national median of $181,400. Median household income is $46,957 compared to the national median of $53,046. Forbes also ranks the city at number 25 for cost of doing business, making it a magnet for new Rapid City jobs.
Rapid City Job Opportunities
The city has a diverse economy with a moderate amount of industrial and manufacturing jobs. While originally a mining town, most mining activities have ceased, although Rapid City is the site of manufacture for Black Hills Gold jewelry.
Most residents are employed in government jobs in Rapid City. Major employers include Ellsworth Air Force Base, which boasts the B-1B long range bomber and the 28th Bomb Wing. Camp Rapid, where the Army National Guard is based, hosts troops from upwards of ten states for annual exercises and is another source of Rapid City jobs.
Tourism is another source of Rapid City, SD jobs. In addition to Mount Rushmore tourists, the city provides accommodations to the hoard of attendees at the annual Sturgis Motorcycle Rally. Other sectors providing a large percentage of jobs include healthcare (8,000 jobs) and financial services (2,700 jobs).
Rapid City Employment Trends
The unemployment rate in Rapid City as of July 2014 was just 3.8 percent, well below the national average of 6.1 percent. The growth rate was 1.1 percent last year and is projected to be 1.9 percent next year. Forbes ranks Rapid City at number 19 for best small places for business and careers and number 31 for job growth.
If you don't find your ideal job opportunity in Rapid City, search for jobs in Spearfish, just a few miles away, which is home to Black Hills State University.