NAICS 23
Construction in Sioux Falls, SD
Metro Market Score 49.1 (Challenging), ranked #180 of 342 metros. 1,466 establishments, 12,031 jobs.
Metro Market Assessment
Metro Market Score 49.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging
Lower is better. Relative to national construction average.
Rapid Growth
Sioux Falls ranks in the lower half for construction market conditions, driven by above-average employment growth. With a market score of 49.1, conditions are relatively favorable compared to most metros.
Industry Concentration
81.0
LQ: 1.30
Rank #277 of 342 metros
Wage Competitiveness
59.4
$74,368 avg wage
Growth Trend
↑ 77.2
Employment growth index
Rank #79 of 342 metros
Wage Pressure
35.9
YoY wage change index
1,466 Construction Firms in Sioux Falls
1,466
Establishments
+6.5% YoY
12,031
Total Employment
+5.4% YoY
$74,368
Average Annual Wage
+5.3% YoY
1.30
Location Quotient
Above national avg
Sioux Falls vs South Dakota Statewide
How this metro's construction market compares to South Dakota overall. The state ranks #9/51 for entry risk.
| Measure | Sioux Falls | SD Statewide |
|---|---|---|
| Overall Score | 49.1 Challenging | 34.7 Moderate |
| Score Type | Metro Market Score | Entry Risk Score |
| Rank | #180 of 342 metros | #9 of 51 states |
Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.
Other Industries in Sioux Falls
Construction in Other South Dakota Metros
Data Sources
- Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Sioux Falls, SD-MN MSA area.
Data period: 2024. Last updated: April 2026.