South Dakota Profile
Transcription
South Dakota Profile
2016 S O U T H D A K O T A P R O F I L E Overview SOUTH DAKOTA FACTS South Dakota Quick Facts Population (2015)..........................................................................................................858,469 People per Sq. Mile (2015)................................................................................................11.3 Urban (2010).................................................................................................................. 56.6% Rural (2010)................................................................................................................... 43.4% State Capital..................................................................................................................... Pierre Largest City.............................................................................................................. Sioux Falls Gross Domestic Product by State (2014) (3.4% increase over 2013)..................................................................................... $46.2 billion Per Capita Personal Income (2014) (1.1% increase from 2013)...........................................................................................$45,279 Unemployment Rate (2015).................................................................................. 3.1% percent Average Commute Time (2014) (Shortest commute in the nation)........................................................................... 16.7 minutes Land Area (2010)....................................................................................... 75,811 square miles Return on Payroll (2013) (based on GDP by State).......................................................................... 2nd Most Productive 1 South Dakota Profile Overview POPULATION Population of Largest Cities & MSAs (2014) City Population MSA / MiSA Population Counties in MSA / MiSA 168,586 72,638 27,800 23,225 22,057 15,693 14,552 14,054 13,163 11,091 248,351 143,638 42,391 33,314 27,938 23,304 22,684 22,063 18,169 24,657 Lincoln, Minnehaha, McCook, Turner Custer, Meade, Pennington Brown, Edmunds Brookings Codington Davison, Hanson Yankton Hughes, Stanley, Sully Beadle Lawrence Sioux Falls (Minnehaha Co.) Rapid City (Pennington Co.) Aberdeen (Brown Co.) Brookings (Brookings Co.) Watertown (Codington Co.) Mitchell (Davison Co.) Yankton (Yankton Co.) Pierre (Hughes Co.) Huron (Beadle Co.) Spearfish (Lawrence Co.) Source: U.S. Census Bureau, 2014 Population Estimates. Age Distribution (2014) Age Total 0-17 18-24 25-44 45-64 65 & over Population % 853,175 210,407 85,678 207,650 219,217 130,223 100.0% 24.7% 10.0% 24.3% 25.7% 15.3% Source: U.S. Census Bureau, Population Division, Annual Estimates of the Resident Population for Selected Age Groups: 2014. Race Distribution (2014) Asian, 10,739, 1.3% Pacific Islander, 625, 0.07% Two or More Races 18,602, 2.2% American Indian, 75,879, 8.9% African American 15,971, 1.9% *Hispanic population counts are provided in combination with other races but also separated to illustrate the total hispanic population. Source: U.S. Census Bureau, Annual Estimates of the Population by Sex, Race, and Hispanic Origin: 2014. Hispanic* 25,715 3.1% White 731,359 85.7% 2 Labor Force Demographics LABOR FORCE 2,3 45 05 8,2 44 75 4,9 44 50 2,5 44 65 0,8 44 44 1,3 40 10 6,0 44 6,6 44 2,5 44 5,0 43 0,6 43 7,6 42 3,0 42 7,5 41 2,7 41 40 8,6 60 75 20 35 60 05 10 00 20 00 South Dakota’s Labor Force continues to grow even with low unemployment rates. Since 2000, more than 43,000 workers have been added to the labor force, a 10.7% increase, or just over 2,900 annually. Further, most recent figures for labor supply — a combination of unemployed, underemployed, and disadvantaged workers — indicate more than 54,000 workers are available to fill job vacancies. Source: S.D. Dept of Labor, Labor Market Information Center, Labor Force Statistics, Not Seasonally Adjusted, 2000-2014, Labor Supply, December 2015. Travel Time to Work (2014) Union Membership (2015) 30 to 59 min 50,991, 11.7% 60 min or More 12,639, 2.9% South Dakota.........5.9% United States....... 11.1% Source: U.S. Dept. of Labor, Bureau of Labor Statistics, Table 5: Union Affiliation of Employed Wage & Salary Workers by State, 2015. South Dakota is a Right-to-Work state Less Than 10 min 129,438 29.7% 15 to 29 min 152,100 34.9% 10 to 14 min 90,650 20.8% Source: U.S. Census Bureau, 2014 American Community Survey, 1-Year Estimates, Travel Time to Work. 3 South Dakota Profile Labor Force Demographics EDUCATION & TRAINING INSTITUTES IN SOUTH DAKOTA Workforce Programs Build Dakota Scholarship Fund - Build Dakota Scholarship students graduate with no student debt and a set of skills in high demand, ready to hit the ground running. There are more than 10 elligible programs including agriculture, nursing, engineering, and welding at South Dakota’s technical institutes. Learn more at www.builddakotascholarships.com Dakota Seeds Program - Internships help fill temporary workforce needs and establish a pipeline for permanent employees. Internships also enhance a student’s education by providing work experience in their chosen career pathway. The Dakota Seeds Program can provide 50% of an intern’s wages in high need industry sectors. Learn more at: www.sdreadytowork.com/Financing-Incentives/Dakota-Seeds 4 Industry INDUSTRY IN SOUTH DAKOTA Workers by Industry (2014) Industry Establishments Workers Pay 942 3,950 1,118 8,164 616 3,294 4,982 2,757 3,240 2,272 2,426 33,761 5,891 21,261 42,389 84,879 6,056 29,254 30,246 63,120 45,420 10,610 71,812 410,939 $39,300 $42,890 $44,503 $36,062 $44,909 $50,189 $48,421 $45,055 $14,553 $28,205 $38,981 $38,689 Natural Resources/Mining Construction Manufacturing Trade/Transportation/Utilities Information Financial Activities Professional/Business Services Education/Health Services Leisure/Hospitality Services Other Services Total Government Total Industry Source: S.D. Dept. of Labor, Labor Market Information Center, Covered Workers Annual Information, 2014. Major Employers (2016) South Dakota’s 15 Largest Private Employers Company Industry Community 3M Manufacturing Statewide Avera Medical Citibank Dakota Provisions Daktronics Inc. Esurance John Morrell & Co. LSI, Inc. Molded Fiberglass Premier Bankcard Inc. Rapid City Regional Hospital Inc. Sanford Medical Starmark Co. Walmart Wells Fargo Bank Healthcare Finance Manufacturing Manufacturing Insurance Manufacturing Manufacturing Manufacturing Finance Healthcare Healthcare Manufacturing Retail Finance Statewide Sioux Falls Huron Statewide Statewide Sioux Falls Alpena Aberdeen Statewide Rapid City Statewide Sioux Falls Statewide Statewide Source: SD Dept of Labor, Labor Market Information Center, February 2016. 5 South Dakota Profile Industry Gross Domestic Product by Industry (2014) $46.2 Billion Industry Sales by SIC Code (2015) 2015 Sales by SIC Code Divisions Gross Sales % Change from 2014 Agriculture, Forestry & Fishing.............................................. $727,057,731..................... -2.1% Mining.................................................................................... $113,531,272................... -25.0% Construction............................................................................ $46,219,654.......................6.8% Manufacturing.................................................................... $8,091,622,861..................... -9.2% Transportation & Public Utilities......................................... $4,121,126,336.......................5.0% Wholesale Trade............................................................... $16,751,386,422.......................1.9% Retail Trade....................................................................... $27,394,724,304..................... -1.6% Finance, Insurance & Real Estate.......................................... $540,486,334..................... -2.8% Services............................................................................ $10,523,223,670.......................1.9% Public Administration................................................................ $4,464,700.....................17.9% Source: S.D. Dept of Revenue, South Dakota Sales and Use Tax Reports, State Statistics by SIC, CY 2014 & 2015. 6 Infrastructure HIGHWAYS South Dakota is intersected by two Interstate highways, I-29 & I-90, along with several major U.S. highways, providing easy access to anywhere in the United States. The South Dakota Department of Transportation operates approximately 7,810 miles of highway including 679.1 miles of interstate highway. Travel Distance to 5 Nearest Major Cities Major City Rapid City Sioux Falls Chicago....................................... 897............................. 576 Denver......................................... 396............................. 723 Kansas City................................. 713............................. 369 Minneapolis................................. 568............................. 268 Omaha......................................... 510............................. 185 Source: www.mapquest.com. High Priority Corridors Three high priority corridors intersect South Dakota. The Heartland Expressway (Corridor 14) in the west, the I-29/I-35 Corridor (Corridor 23) in the east and the Theodore Roosevelt Expressway (Corridor 58). yy The Heartland Expressway starts in Denver, CO and extends through Scottsbluff, NE ending in Rapid City, SD. This stretch of highway is under construction and when complete, a four-lane highway will exist between western Texas and western South Dakota. yy Corridor 23 begins in Laredo, Texas with I-35 and includes all of I-35 and all of I-29 north of Kansas City to the Canadian border through eastern South Dakota. I-35 continues on from Kansas City through Iowa, ending in Northern Minnesota. yy The Theodore Roosevelt Expressway starts in Rapid City, SD and extends north along US85 to Williston, ND, west on US 2 to Culbertson, MT and north on Montana Highway 16 to the international border with Canada at the port of Raymond, MT. Source: U.S. Dept. of Transportation, Federal Highway Administration, Office of Planning, Environment and Realty, May 2013. RAILROADS In 2012, nine freight railroads in South Dakota operated 1,753 miles of track, and shipped 19.1 million tons of goods to or from the state. Railroad Miles Class 925 724 74 197 38 26 11 67 29 Class I Class I Regional Local Local Local Local Switching Switching Burlington Northern Santa Fe Soo Line Railroad Co. Dakota, Missouri Valley & Western D&I Railroad Sisseton Milbank Railroad, Inc. Sunflour Railroad, Inc. Twin Cities & Western Railroad Co. Dakota Southern Railway Ellis & Eastern Co. Source: Association of American Railroads, Freight Railroads in South Dakota, 2012. 7 South Dakota Profile Infrastructure COMMUNICATIONS With today’s telecommunications infrastructure, a business is no longer in the middle of nowhere. They are everywhere. And South Dakota’s telecom providers ensure a business can be everywhere without delay or interruption. A wide array of services are available through our telecom providers, including: More than 28,000 miles of Fiber Connected to more than 30 regional & national fiber networks Self-healing architectures Redundant rings 24/7/365 Monitoring Symmetrical upload/download speeds Networks scalable up to 4 terabits/second Metro & Long-Haul Ethernet All communities with fiber access have at least DS3 service Micro & Metropolitan areas have access to OC3 to OC192 and EGig networks MPLS & IP/MPLS Complete Business Service Offerings 8 Governor’s Office of Economic Development 711 E Wells Ave, Pierre, SD 57501 800.872.6190 www.SDreadytowork.com