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Sioux Falls, SD Employment Information
Sioux Falls, South Dakota Overview
As the largest city in South Dakota, Sioux Falls offers ample opportunities for job seekers. The picturesque Falls, for which the city is known, is just a few blocks away from the downtown district. Sioux Falls population has consistently grown by about 10,000 people every decade, and its unemployment rate is lower than the national average.
Sioux Falls Job Opportunities
Sioux Falls boasts a nice mix of industry. A mix like this means that when a particular industry is hit hard, this city continues to grow. The top employers include companies from different industries like healthcare: Sanford USD Medical Center; banking and finance: Citibank; government/military: US Air National Guard; education: Sioux Falls School District; and food: the John Morrell Food Group.
Sioux Falls Employment Trends
The employment outlook is good, with the highest growth in professional and business services (6.6 percent over the past 12 months) and mining, logging and Construction jobs in Sioux Falls. Unemployment is low at 3.8 percent (the national is around 6.8 percent). The fastest growing occupation for high school graduates in Sioux Falls is machine tool operator and setters with an expected 31 percent and 28 percent increase (respectively) in opportunities over the next decade. As far as Healthcare jobs in Sioux Falls, medical secretaries are in high demand at 27 percent expected job growth through 2020. If you have a college degree, some of the fastest growing careers for your experience level are biomedical engineers (with an astounding projected 58 percent growth through 2020) and personal financial advisors (expected growth of 34 percent). Food scientists and technologists round out the top three fastest growing college careers in South Dakota through 2020 at a projected 31 percent growth rate. The median earnings for men and women exceed the national average.
Sioux Falls Cost of Living
Like most of America's heartland, Sioux Falls enjoys an inexpensive cost of living ? 10.7 percent under the national average, and 9.3 percent less than the South Dakota average. Utilities, goods and services fetch a slightly higher price in Sioux Falls than the national average. Housing costs are at 60 percent of the national average, while healthcare and transportation cost slightly less than the national average. Overall, Sioux Falls is an economical place to live with good job opportunities and affordable housing. The housing market is stable. Sioux Falls offers a high income per capita, a low-cost of living and lot of local amenities, making it an exceptionally livable city.