Child Day Care Services in South Dakota

Child Day Care Services (NAICS 624410) in South Dakota reports 4,004 workers across 280 establishments, with $89.0M of aggregate annual payroll flowing through Census CBP 2023 filings. That represents 0.4% of national employment for this industry, a concentration ratio that tells you whether South Dakota is a primary labor market for this NAICS code or a smaller satellite. A share above 5% signals a meaningful regional cluster; below 1% usually means the state is not a structural fit for this industry at scale. South Dakota accounts for 0.3% of the national Child Day Care Services establishment count (280 of 82,162), according to Census County Business Patterns.

Wage benchmarking is where state-level data earns its keep. The average annual compensation for Child Day Care Services employees in South Dakota is $22,216/yr, versus a national average of $29,695/yr. South Dakota pays below the national average for this industry, common in lower cost-of-living states or where the industry has a smaller, less specialized local workforce.

Profitability data is only available at the national level because the IRS Statistics of Income program does not publish state-level margin breakdowns. The national net profit margin for Child Day Care Services is not reported, and while margins do vary by state, the direction of variance usually follows labor cost and establishment size, both shown above. For a complete picture, pair this state-industry view with the Child Day Care Services national page (entity structure, SBA lending, sub-industries) and the South Dakota overview (top employers, payroll dispersion across industries).