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EconPulse

Local economy signal dashboard

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PLACEThriving

Bridgewater, SD

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

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Overall score79out of 100
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66
74
100
74
100

Population

451

Data freshness

Unknown

GDP / Output

+3.9% YoY

66

$406.2M

Output changed +3.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

74

3.5%

Unemployment is 3.5% for Latest available.

Vintage date unknown

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

Population

+40.1% 5-year

100

451

Population moved +40.1% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

74

18.6%

Median rent consumes 18.6% 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

$10.0K per resident

100

$56.7M

$56.7M 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

$56.7M

$10.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$29.5M
2. Department of Agriculture$12.0M
3. Department of Transportation$11.3M

Top recipients

Dollars
1. REDACTED DUE TO PII$11.4M
2. STATE OF SOUTH DAKOTA$11.3M
3. GOLDEN VIEW HUTT BRETH INC$411.7K

Affordable

Housing Affordability

18.6%

of median income

1BR estimate$598
2BR estimate$787
Median income$47,083
Median home value$116,100

ACS context

Quick Facts

Population

451

Median age

48.7

Bachelor's degree+

13.8%

Poverty rate

10.8%

Labor force participation

60.4%

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

+7.0%

GDP CAGR

+10.3%

Federal flow

5 years

Population (5 years)
2020322
2021336
2022402
2023456
2024451
GDP (5 years)
2020$249.0M
2021$317.8M
2022$391.4M
2023$391.1M
2024$406.2M

2-year linear forecast

Predictive Outlook

Population forecast

2024451
2025507 *
2026545 *

R² = 91.0% · * projected

GDP forecast

2024$406.2M
2025$467.4M *
2026$506.2M *

R² = 84.5% · * 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$47,083/yr
Median rent$729/mo
Rent share of income18.6%
Est. mortgage (30yr, 6.5%)$7,045/yr
Mortgage share of income15.0%

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

employment snapshot

Job Market

Unemployment rate3.5%
State avg2.0%
U.S. avg5.2%
Labor force participation60.4%
Poverty rate10.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$116,100
Median monthly rent$729
Price-to-rent ratio13.3x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateStrong
Composite score78/100
Economic growth66/100
Labor market74/100
Population momentum100/100
Overall stability79/100

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

Location Context

Bridgewater city, South Dakota

City/Town

Part of

Sioux Falls, SD-MN

Nearby locations

Emery, SDDolton, SDGolden View Colony, SDCanistota, SDOak Lane Colony, SD