Drinking Places (Alcoholic Beverages) in South Dakota

Drinking Places (Alcoholic Beverages) (NAICS 722410) in South Dakota reports 3,292 workers across 350 establishments, with $65.6M of aggregate annual payroll flowing through Census CBP 2023 filings. That represents 0.8% 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 0.9% of the national Drinking Places (Alcoholic Beverages) establishment count (350 of 40,835), according to Census County Business Patterns.

Wage benchmarking is where state-level data earns its keep. The average annual compensation for Drinking Places (Alcoholic Beverages) employees in South Dakota is $19,916/yr, versus a national average of $25,612/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 Drinking Places (Alcoholic Beverages) 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 Drinking Places (Alcoholic Beverages) national page (entity structure, SBA lending, sub-industries) and the South Dakota overview (top employers, payroll dispersion across industries).