Rapid City Chamber of Commerce

Community Guide




2017 Business Directory


2017 Directory Cover

Population

2008 Rapid City MSA Population: 120,000

Metropolitan Statistical Area (MSA) - a geographic entity that has at least one urbanized area of 50,000 or more population, plus adjacent territory with a high degree of social and economic integration with the core as measured by commuting ties. Rapid City MSA includes Pennington and Meade Counties.


 Pennington CountyRapid City
2010 100,948 67,956
2009 96,000 70,092
2008 95,600 70,000
2007 94,900 69,242
2006 94,100 67,447
2000 88,117 59,607
1990 81,343 54,523
1980 70,135 46,492
1970 59,349 43,836
1960 58,195 42,399
Male Population (city): 30,580
Male Median Age: 35
Female Population: 37,375
Female Median Age: 38
Median Household EBI: $44,099
Average Household Size: 2.38

http://www.rapidcitydevelopment.com/

*EBI (Effective Buying Income) is disposable personal income, amount of gross income available after taxes, to purchase goods/services.

Rapid City Sales

Provided by the SD Dept of Revenue
 TOTAL GROSS SALESTOTAL USE TAXABLE SALESTOTAL TAXABLE SALES
2000 3,395,355,542 54,834,615 1,507,876,594
2001 3,807,333,663 55,985,861 1,607,653,214
2002 3,531,471,762 80,522,338 1,717,009,202
2003 3,766,479,907 60,039,017 1,785,512,751
2004 3,810,179,806 58,334,157 1,888,648,140
2005 4,341,746,620 59,065,883 1,952,933,165
2006 4,925,859,402 56,245,215 1,939,491,119
2007 5,028,946,817 64,010,719 2,114,258,269
2008 3,929,175,796 71,143,811 2,180,989,513
2009 4,164,244,545 80,742,259 2,323,996,424
2010 4,493,842,029 73,053,572 2,386,787,932

Housing Units

Rapid City Area Home Statistics (from July 2008-2009) Average Price Listed/Sold:
Single Family (SF) $182,259 / $172,342
New Construction (NC) $262,073 / $207,520
Townhomes (TH) $92,662 / $169,009
   
Average Days on Market: SF-90; NC-153; TH-85
Number of Active Listings: SF-648; NC-153; TH-128
Average Rental Rates
1 Bedroom $599 - $685
2 Bedroom $649 - $845
3 Bedroom $729 - $965

Helpful Websites

Black Hills Association of Realtors: 605-341-2580

South Dakota Housing Authority

Black Hills Free Renters Guide

Black Hills Multiple Listing Service (MLS)