State Overview · Census CBP 2023

South Dakota Industries

Employment and payroll benchmarks for 601 industries in South Dakota

Reading the South Dakota Industry Picture

South Dakota (SD) shows 1,216,413 workers employed across 115,316 business establishments, covering 601 industries tracked by the Census Bureau County Business Patterns 2023 program. That single-state footprint is a starting point for anyone benchmarking location strategy, evaluating a market for expansion, or simply understanding where jobs concentrate. The single largest employer-industry in South Dakota is Retail Trade with 54,784 workers — a signal about what kind of labor market and supplier ecosystem the state actually supports.

Beyond the top employer, Manufacturing (47,333) and Accommodation and Food Services (42,968) fill out the top three, giving you a quick read on the state's economic base. Payroll dispersion is just as important as headcount: the highest-paying tracked industry (Finance and Insurance) pays $199,478/yr per employee, while the lowest-paying (Arts, Entertainment, and Recreation) pays $9,080/yr. That gap tells you how the state's median wage is being pulled up or down by its industry composition — critical context for anyone comparing cost of labor across markets.

Census CBP data does not include profit margins (that comes from IRS Statistics of Income at the national level only), so a full benchmark on any specific NAICS code in South Dakota requires combining this state page with the national industry page. Click any industry in the table below to drop into a South Dakota-specific NAICS view showing employment, establishments, annual payroll, and average compensation for that exact combination — then cross-reference the national page for profitability, entity structure, and SBA lending activity in the same industry.

Total Employment

1,216,413

Total Establishments

115,316

Industries Tracked

601

Top Industries by Employment

Industry Employment
Retail Trade

NAICS 44

54,784
Manufacturing

NAICS 31

47,333
Accommodation and Food Services

NAICS 72

42,968
Accommodation and Food Services

NAICS 722

33,640
Accommodation and Food Services

NAICS 7225

28,093
Accommodation and Food Services

NAICS 72251

28,093
Construction

NAICS 23

25,640
Finance and Insurance

NAICS 52

24,370
Health Care and Social Assistance

NAICS 621

21,960
Wholesale Trade

NAICS 42

20,550
Finance and Insurance

NAICS 522

15,769
Construction

NAICS 238

15,754
Other Services (except Public Administration)

NAICS 81

15,640
Professional, Scientific, and Technical Services

NAICS 54

14,227
Professional, Scientific, and Technical Services

NAICS 541

14,227
Health Care and Social Assistance

NAICS 623

13,185
Administrative and Support and Waste Management

NAICS 56

12,832
Accommodation and Food Services

NAICS 722513

12,769
Accommodation and Food Services

NAICS 722511

12,327
Transportation and Warehousing

NAICS 48

11,714

Frequently Asked Questions

How many people are employed in South Dakota?
According to Census Bureau County Business Patterns 2023 data, South Dakota has 1,216,413 employees across 115,316 business establishments in 601 tracked industries.
What are the largest industries in South Dakota?
The largest industries in South Dakota by employment are Retail Trade (54,784), Manufacturing (47,333), and Accommodation and Food Services (42,968).
What is the average payroll in South Dakota?
Average payroll per employee varies widely by industry in South Dakota. The highest-paying tracked industry is Finance and Insurance at $199,478/yr. All data is from Census Bureau County Business Patterns 2023.
How many businesses operate in South Dakota?
South Dakota has 115,316 business establishments across 601 industries tracked by the Census Bureau County Business Patterns program. Each establishment represents a single physical location or operating unit.
Disclaimer: PlainBizBench provides publicly available IRS and Census data for informational purposes only. This is not financial, tax, or business advice. Consult a qualified accountant or financial advisor for business-specific guidance.

Source: Census Bureau County Business Patterns (CBP) 2023 · SD

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Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainBizBench Editorial

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