1031 Exchange Sioux Falls, South Dakota

 

Surrounding metropolitan Area

Sioux Falls, South Dakota is a part of the Sioux Falls, SD metropolitan area, and contains 15 zip codes, including: 57118, 57117, 57106, 57103, 57110, and 57108.

Sioux Falls Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Sioux Falls, SD metropolitan area was $888, which is 15.32% lower than 2014 average rent. This represents a compounded annual growth rate of 2.89%. 2019 vacancy in Sioux Falls, SD was 6.90%.

The total population of the city of Sioux Falls, SD has grown 18.19% since 2010. As of 2018, the population was 181,883. The median household income of the Sioux Falls was $59,017, which is 2.12% lower than the national average.

  • metropolitan area Sioux Falls, SD
  • avg rent $888
  • rent growth 15.32%
  • vacancy 6.90%
  • median income $59,017
  • population (2018) 181,883
  • population growth 18.19%
  • vs. nat'l avg 2.12%
  • zip codes 57101 57103 57104 57105 57106 57107 57108 57109 57110 57117 57118 57186 57193 57197 57198

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