NAICS 53

Real Estate and Rental and Leasing in South Dakota: 2026 Market Risk Report

Entry risk 26.4 (Low), ranked #4 of 51 states. 1,366 establishments, 4,399 jobs.

Entry Risk Assessment

Entry Risk Score 26.4
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Low Risk

ⓘ Lower is better. Relative to national real estate and rental and leasing average.

🛡️Stable Market💎Hidden Gem

South Dakota exhibits structural stability in real estate and rental and leasing, with volatility at 11.7 and firm retention ranking in the top 5. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
96.1%
Percentile within industry
Rank #3 of 51 states
Growth Momentum
41.6
Scale of 0-100
Rank #17 of 51 states
Establishment Density
39.5
vs. national average
Rank #34 of 51 states
Market Volatility
11.7
Lower is more stable
Wage Pressure Index
39.0
Labor cost pressure

1,366 Establishments in South Dakota

1,366
Establishments
+0.6% YoY
4,399
Total Employment
+1.1% YoY
$54,973
Average Annual Wage
+3.1% YoY

South Dakota vs National Real Estate and Rental and Leasing Average

How South Dakota's real estate and rental and leasing market compares to the national average across all 51 states.

Metric SD National Difference
Entry Risk Score 26.4 40.5 -14.1
5-Year Retention 96.1% 51.0% +45.1
Growth Momentum 41.6 39.4 +2.2
Market Volatility 11.7 22.1 -10.4
Establishment Density 39.5 34.1 +5.4
Wage Pressure 39.0 45.1 -6.1

Green = favorable vs national average. Red = less favorable. Metrics are relative within real estate and rental and leasing only.

South Dakota Ranks #4 of 51 for Real Estate and Rental and Leasing

South Dakota ranks #4 out of 51 states for real estate and rental and leasing market entry conditions.

Real Estate and Rental and Leasing Entry Risk by State

Rank State Risk Score Classification
#1 Pennsylvania 24.5 low
#2 Wisconsin 26.0 low
#3 Nebraska 26.3 low
#4 South Dakota You 26.4 low
#5 Massachusetts 27.7 low
Entry Risk by State Alaska — 34.9 · #15 Alabama — 31.9 · #13 Arkansas — 30.5 · #12 Arizona — 52.4 · #46 California — 47.1 · #39 Colorado — 52.1 · #44 Connecticut — 45.9 · #37 District of Columbia — 38.5 · #24 Delaware — 53.2 · #47 Florida — 54.7 · #49 Georgia — 51.6 · #43 Hawaii — 60.3 · #50 Iowa — 35.6 · #16 Idaho — 43.4 · #32 Illinois — 44.3 · #33 Indiana — 30.2 · #10 Kansas — 41.4 · #29 Kentucky — 30.3 · #11 Louisiana — 44.5 · #34 Massachusetts — 27.7 · #5 Maryland — 50.4 · #42 Maine — 28.3 · #6 Michigan — 39.3 · #26 Minnesota — 42.1 · #31 Missouri — 39.2 · #25 Mississippi — 30.0 · #8 Montana — 37.5 · #20 North Carolina — 38.1 · #23 North Dakota — 54.3 · #48 Nebraska — 26.3 · #3 New Hampshire — 29.6 · #7 New Jersey — 37.3 · #19 New Mexico — 52.3 · #45 Nevada — 61.9 · #51 New York — 37.6 · #21 Ohio — 33.2 · #14 Oklahoma — 42.0 · #30 Oregon — 44.8 · #35 Pennsylvania — 24.5 · #1 Rhode Island — 37.8 · #22 South Carolina — 44.9 · #36 South Dakota — 26.4 · #4 Tennessee — 37.2 · #18 Texas — 41.4 · #28 Utah — 46.6 · #38 Virginia — 35.6 · #17 Vermont — 30.1 · #9 Washington — 48.0 · #40 Wisconsin — 26.0 · #2 West Virginia — 40.6 · #27 Wyoming — 49.6 · #41
Low Moderate Elevated High

Tap a state to view details

About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does South Dakota stack up against other states for real estate and rental and leasing?

Select a state above to see the comparison

Real Estate and Rental and Leasing in Neighboring States

How South Dakota's real estate and rental and leasing market compares to bordering states.

Nebraska 26.3 #3/51 Iowa 35.6 #16/51 Montana 37.5 #20/51 Minnesota 42.1 #31/51 Wyoming 49.6 #41/51 North Dakota 54.3 #48/51

Other Industries in South Dakota

Construction → Healthcare and Social Assistance → Retail Trade → Accommodation and Food Services → Professional, Scientific, and Technical Services → Finance and Insurance → Administrative and Support Services → Information → Other Services →