ExecutivePulse
Official Federal Data

Lyman County, South Dakota

FIPS 46085 · Population 3,724
9 Sources Updated June 22, 2026
$67,143
Median Income
$80,734 national
2.3%
Unemployment
4% national
$194M
GDP
24.5%
Bachelor's+
35.7% national
Small population: 3,724 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$67,143
Per Capita
$37,079
Mean Household
$99,810
Poverty Rate
23.7% approx.
Median Income Comparison
Lyman County$67,143
South Dakota$75,081
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 18.3% (682 residents) 55-64: 13.1% (489 residents) 35-54: 21.3% (794 residents) 18-34: 19.2% (716 residents) Under 18: 28% (1,043 residents) 36 Median Age
Cohorts
Under 18 · 28%
18-34 · 19.2%
35-54 · 21.3%
55-64 · 13.1%
65+ · 18.3%
Race & Ethnicity
White57.9%
Black or African American0%
Asian0%
Hispanic or Latino(any race)1.2%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
89.4%
High School+
National: 89.6%
▼ 0.2 pts
24.5%
Bachelor's+
National: 35.7%
▼ 11.2 pts
4.9%
Graduate+
National: 14.1%
▼ 9.2 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
3,724
Population
1,605
Labor Force
Employed
1,532
Unemployment Rate BLS LAUS 2025 annual
2.3% ▲ +0.2 pts YoY
Mean Commute 11 min below national avg
15.8 min
Work From Home vs 15.1% national
11.2%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Elevated poverty: At 23.7%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 11.2 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$194M
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Lyman County, South Dakota, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Retail Trade
200 66.7%
$28,693
2Wholesale Trade
67 22.3%
$50,364
3Construction
33 11.0%
$28,764
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Key Takeaways
  • Largest sector: Retail Trade employs 200 workers (66.7% of tracked sectors), at an average wage of $28,693.
  • Economic scale: Regional GDP of $194M (2024).
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Gasoline Stations and Fuel Dealers
13.59x
123
Crop Production
8.10x
37
Accommodation
7.24x
120

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Retail Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
123
Cluster Employment
13.59x
Peak LQ
Concentrated Sub-Sectors
Gasoline Stations and Fuel Dealers
13.59x 123
Crop Production
8.10x 37
Accommodation
7.24x 120
Key Takeaways
  • Top specialization: Gasoline Stations and Fuel Dealers concentrates at 13.59x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 3 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
Source: BLS QCEW sub-sector Location Quotients.
Lyman County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$165,800
Median Home Value vs 2019
$651
Rent/Mo
69.9%
Owner-Occ
23.5%
Vacancy
2.5x
Home Value to Income Ratio - Affordable
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$648/mo
1 Bedroom
$716/mo
2 Bedroom
$940/mo
3 Bedroom
$1,127/mo
4 Bedroom
$1,455/mo
30% of monthly median household income (~$1,679/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Affordable market: Home value to income ratio of 2.5x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
  • Elevated vacancy: 23.5% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,679/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
1,999
Working Age (18-64) vs 2019
Mean Commute 11 min below national avg
15.8 min
Work From Home vs 15.1% national
11.2%
Prime-Age Employed (25-54)
72.7%
of prime-age population
Labor force participation rate: 59.9% of working-age population (18-64) 60% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
24.5%
HS Diploma+
89.4%
Regional / Statewide Institutions
Total credentials awarded
7,826/yr
South Dakota State University 2,703/yr
University of South Dakota 2,132/yr
Augustana University 818/yr
Southeast Technical College 797/yr
Lake Area Technical College 793/yr
Dakota State University 583/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
24.5%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
38%
Service
17.6%
Sales & Office
20.8%
Construction / Maint.
15.2%
Production / Transport
8.4%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 1,532 employed workers.
Key Takeaways
  • Succession risk is real: 24.5% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 59.9% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • Short commutes: 15.8-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 5,653 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Lyman County shows strong potential for gasoline stations and fuel dealers attraction, with a 13.59x concentration and 123 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 24.5% of the working-age population within 10 years of retirement age.

The interconnected base across gasoline stations and fuel dealers, crop production, and accommodation creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Lyman County, South Dakota, from federal data sources.

What is the population of Lyman County, South Dakota?

3,724 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Lyman County, South Dakota?

$67,143 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Lyman County, South Dakota?

2.3% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Lyman County, South Dakota?

$194M (U.S. Bureau of Economic Analysis, CAGDP1).