NAICS 51

Information in Rapid City, SD

Metro Market Score 45.8 (Moderate), ranked #158 of 294 metros. 160 establishments, 729 jobs.

Metro Market Assessment

Metro Market Score 45.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

ⓘ Lower is better. Relative to national information average.

At #158 of 294 metros, Rapid City's information sector scores 45.8 on the market index. Concentration (61.2), wage levels (37.1), and growth (45.2) all track close to the median. Local factors like lease costs and client access will matter more than macro signals.

Industry Concentration
61.2
LQ: 0.53
Rank #180 of 294 metros
Wage Competitiveness
37.1
$70,295 avg wage
Growth Trend
45.2
Employment growth index
Rank #162 of 294 metros
Wage Pressure
23.8
YoY wage change index

160 Information Firms in Rapid City

160
Establishments
+3.9% YoY
729
Total Employment
-3.1% YoY
$70,295
Average Annual Wage
+7.1% YoY
0.53
Location Quotient
Below national avg

Rapid City vs South Dakota Statewide

How this metro's information market compares to South Dakota overall. The state ranks #8/51 for entry risk.

Measure Rapid City SD Statewide
Overall Score 45.8 Moderate 33.6 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #158 of 294 metros #8 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 Rapid City

Construction 47.7 Real Estate and Rental and Leasing 48.5 Finance and Insurance 50.7 Other Services 52.6 Healthcare and Social Assistance 59.9 Retail Trade 70.8

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Rapid City's information sector, the employment growth component (54.8) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.