Welcome to the Sioux Empire, where business and life are better!
We invite you to learn more about our region and the unique opportunities available here.
Once you get to know us better, we´re confident you´ll understand why so many businesses have chosen
to call the Sioux Empire home.
The City of Sioux Falls is part of a Metropolitan Statistical Area (MSA) that includes
Lincoln, Minnehaha, McCook, and Turner counties in southeastern South Dakota. . .locally known as the Sioux Empire.
The secret is out: Sioux Falls is a better place to live. Our young, well-educated, well-trained workforce is expanding to meet the needs of both new and existing businesses and is creating a larger market for consumer goods and services.
We are one of the fastest-growing areas in the nation, with a rate of population growth nearly four times the national average. [2000-2013]
The Sioux Falls workforce is better. Graduation rates are well above national averages at both the high school and college levels. With a variety of institutions of higher education in the region, Sioux Falls residents have access to a wide range of educational options.
An average of 45,000 students are enrolled in regional institutions within 150 miles each year, providing a steady stream of well-educated workers. A multitude of workforce training options are also available to meet businesses´ needs.
Our effective and efficient transportation system includes two Interstate highways, Class I rail, convenient air service, and the only Port of Entry and Foreign Trade Zone (FTZ) in the state. An excellent county highway system and short line rail provide a second tier of connectivity throughout the region. This makes Sioux Falls a transportation hub that connects people with goods from coast to coast and beyond.
Sioux Falls has an extensive, well-developed network of utilities that service businesses and homes in the region. Electric service is reliable and costs are competitive. Water is plentiful and clean, and our recently upgraded water system ensures that the region is prepared for ongoing business and population growth. Our telecommunications infrastructure provides a strong home base for national data, financial, and customer service centers.
Education is better in Sioux Falls. There are a variety of public and private educational opportunities available in the region, from pre-K through medical and doctoral degrees. Our residents know that educational attainment is important to a bright and productive future, and the number of high school and college graduates in the region reflects that priority.
The Sioux Empire offers a range of higher education options for students. A variety of programs are available to prepare students for future careers in everything from cyber security to agricultural technology to medicine. The Sanford School of Medicine of The University of South Dakota and the South Dakota State University College of Pharmacy provide a steady stream of highly educated graduates to fuel the region´s burgeoning Biomedical industry.
The cost of living is better in Sioux Falls, thanks in part to no personal income tax, low real property and sales taxes, affordable housing and utility costs, and a favorable climate. The overall cost of living is 6% lower than the national average.
Not only is our business climate better, so is our weather. Sioux Falls has a pleasant climate with four distinct seasons; perfect for outdoor recreation. Residents enjoy lots of sunshine for biking, camping, hunting, or just enjoying one of the 80+ parks the region has to offer.
On top of the great weather, Sioux Falls also has one of the lowest natural disaster risks in the US; and we are rated an ISO 1 community. . . one of only 130 communities in the nation. . . which means lower fire insurance rates for your bottom line.
There is better training for our workforce in Sioux Falls. A multitude of options are available to meet businesses´ needs at the postsecondary level including city programs, state grants, technical training, and a new $50 million scholarship program for technical school students.
South Dakota is business friendly when it comes to tax climate, coming in at an impressive #2 in the Tax Foundation´s 2016 State Business Tax Climate Index. With no corporate or personal income taxes, no inventory tax, no inheritance tax, no personal property tax, and low sales tax, you can´t get much friendlier than that. Businesses also benefit from low property and unemployment insurance taxes.
A variety of incentives are available for both new and existing businesses, including:
• Reduced property taxes
• New-construction tax incentive
• Sales tax refund on capital machinery and equipment for certain projects
• Several state-level programs
With so many options, it can be time-consuming to sort through them all. Don´t take the chance of leaving any money on the table. Give us a call - we can work with you to determine your needs and figure out what options are best for you.
The Sioux Empire has better development parks with a multitude of options to meet the needs of new, relocating, and expanding businesses.
Our interactive GIS system - LOIS - provides a searchable database detailing information on buildings and development sites, as well as a host of demographic tools. Search through our available buildings and sites database for the one that uniquely fits your needs.