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EconPulse

Local economy signal dashboard

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PLACEThriving

Baltic, SD

Thriving overall. Population is the clearest support signal, while housing needs the most attention. Housing reads as affordable for a median-income household.

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Overall score89out of 100
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92
86
100
81
100

Population

1,502

Data freshness

Unknown

GDP / Output

+7.5% YoY

92

$22.4B

Output changed +7.5% in 2024.

Vintage date unknown

State growth3.1%
U.S. growth5.3%

Jobs

Unemployment rate

86

2.7%

Unemployment is 2.7% for Latest available.

Vintage date unknown

State avg2.0%
U.S. avg5.2%

Population

+28.5% 5-year

100

1,502

Population moved +28.5% over the latest ACS window.

Vintage date unknown

State population907,428
U.S. population334,922,499

Housing

Rent share of income

81

13.7%

Median rent consumes 13.7% of median household income: Affordable.

Vintage date unknown

State rent$946
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.2K per resident

100

$1.6B

$1.6B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$11.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.6B

$8.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$983.1M
2. Department of Veterans Affairs$192.1M
3. Department of Health and Human Services$150.2M

Top recipients

Dollars
1. STATE OF SOUTH DAKOTA$61.3M
2. ROSENBAUER AMERICA LLC$47.3M
3. SIOUX FALLS REGIONAL AIRPORT AUTHORITY$36.1M

Affordable

Housing Affordability

13.7%

of median income

1BR estimate$1,010
2BR estimate$1,331
Median income$107,768
Median home value$254,200

ACS context

Quick Facts

Population

1,502

Median age

29.3

Bachelor's degree+

24.7%

Poverty rate

1.2%

Labor force participation

85.0%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+5.1%

GDP CAGR

+4.4%

Federal flow

5 years

Population (5 years)
20201,169
20211,263
20221,440
20231,512
20241,502
GDP (5 years)
2020$18.1B
2021$19.1B
2022$19.2B
2023$20.9B
2024$22.4B

2-year linear forecast

Predictive Outlook

Population forecast

20241,502
20251,652 *
20261,743 *

R² = 89.0% · * projected

GDP forecast

2024$22.4B
2025$23.1B *
2026$24.2B *

R² = 93.3% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$107,768/yr
Median rent$1,232/mo
Rent share of income13.7%
Est. mortgage (30yr, 6.5%)$15,424/yr
Mortgage share of income14.3%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate2.7%
State avg2.0%
U.S. avg5.2%
Labor force participation85.0%
Poverty rate1.2%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$254,200
Median monthly rent$1,232
Price-to-rent ratio17.2x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score91/100
Economic growth92/100
Labor market86/100
Population momentum100/100
Overall stability89/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Baltic city, South Dakota

City/Town

Part of

Sioux Falls, SD-MN

Nearby locations

Dell Rapids, SDLyons, SDRenner Corner, SDCrooks, SDMeadow View Addition, SD