Places/SD/Pennington County, SD
County profile

Pennington County, SD

United States · GDP 2024
#495 of 3,127 US counties by GDP63rd-percentile growthmore diversified than 75% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$8.7B
BEA · 2024
GDP growth (YoY)
+5.6%
BEA · 2024
Jobs tracked
52,402
Census CBP · 2023
Employers
4,137
Census CBP · 2023
Avg. wage
$54.9k
BLS QCEW · 2023
Population
116,792
Census PEP · 2025
Labor, income & education
Unemployment
1.9%
Median HH income
$74.5k±$2.4k
Bachelor's degree+
34.6%±1.7%
Poverty rate
11.2%±1.2%
Business applications
1,690 · 2025
Retail establishments
585
50.3/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Black Hills CorporationUtilities$2.3B59C2National American University Holdings, Inc.Consumer Defensive$37.3M

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care30%
Retail trade23%
Food & accommodation21%
Construction12%
Manufacturing7%
Wholesale trade7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
116,792
residents · 2025 · +6.6% since 2020
Income per capita $78.5k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+5,239
International migration+703
Natural change+1,160

GDP trend

20192024 · nominal
$6.0B
2019
$6.2B
2020
$6.9B
2021
$7.5B
2022
$8.2B
2023
$8.7B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$302.2k±$9.1k
Median gross rent
$1.1k/mo±$40/mo
Vacancy rate
10.3%±1.1%
Affordability
5.5× wages
Residential permits
$180.5M
563 units · 4.8/1k pop
FEMA risk score
78.6
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Wildfire 97Hail 97Winter weather 95
FHFA HOUSE PRICE INDEX · 20162025
360
2016
376
2017
394
2018
409
2019
426
2020
492
2021
591
2022
636
2023
660
2024
676
2025
RESIDENTIAL PERMITS · 20212025
-59% since 2021
1,387
2021
1,453
2022
1,428
2023
1,183
2024
563
2025

Transport access

BTS · FAA · USACE
Nearest interstate
10.9 km
I-90
Nearest freight rail
7.0 km
Freight rail
Nearest port
550.1 km
JEBRO DOCK
Nearest commercial airport
19.1 km
RAPID CITY RGNL
Wage trend
BLS QCEW · 20192023
$54.9k
avg. annual pay · +26% since 2019
The read

What is the GDP of Pennington?

Pennington's economy produced $8.7B in 2024, growing 5.6% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.