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Economic Atlas
Places/SD/Pennington
County profile

Pennington

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
GDP growth
+5.6%
Jobs tracked
52,402
Employers
4,137
Avg. wage
$54.9k
Population
116,792
Labor & formation
Unemployment
1.9%
Median HH income
$74.5k±$2.4k
Business applications
1,690 · 2025

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 · 2020–2025
116,792
residents · 2025 · +6.6% since 2020
Income per capita $78.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+5,239
International migration+703
Natural change+1,160

GDP trend

2019–2024 · 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
563 (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 · 2016–2025
360
2016
376
2017
394
2018
409
2019
426
2020
492
2021
591
2022
636
2023
660
2024
676
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
Filing activity
SEC EDGAR

4 filings from 1 company here in the last 90 days.

8-KBlack Hills Corporation05-15
10-QBlack Hills Corporation05-07
8-KBlack Hills Corporation05-06
8-KBlack Hills Corporation05-01
8-KBlack Hills Corporation04-02
DEF 14ABlack Hills Corporation03-18
8-KBlack Hills Corporation02-19
10-KBlack Hills Corporation02-11
8-KBlack Hills Corporation02-04
10-QBlack Hills Corporation11-06
Wage trend
BLS QCEW · 2019–2023
$54.9k
avg. annual pay · +26% since 2019
Similar US counties
nearest by GDP
Charles$8.7BBartow$8.6BPueblo$8.8BNewport$8.8BPortage$8.8BGrant$8.6B
The read

Pennington's economy produced $8.7B in 2024, growing 5.6% year over year — faster 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.
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