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EconPulse

Local economy signal dashboard

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PLACEThriving

Colton, SD

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

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Overall score75out of 100
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92
65
36
85
100

Population

736

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

65

4.1%

Unemployment is 4.1% for Latest available.

Vintage date unknown

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

Population

-2.4% 5-year

36

736

Population moved -2.4% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

85

10.5%

Median rent consumes 10.5% 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

10.5%

of median income

1BR estimate$604
2BR estimate$795
Median income$83,750
Median home value$192,900

ACS context

Quick Facts

Population

736

Median age

41.3

Bachelor's degree+

14.6%

Poverty rate

14.3%

Labor force participation

77.0%

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

-0.5%

GDP CAGR

+4.4%

Federal flow

5 years

Population (5 years)
2020754
2021795
2022769
2023802
2024736
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

2024736
2025763 *
2026760 *

R² = 2.8% · * 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$83,750/yr
Median rent$736/mo
Rent share of income10.5%
Est. mortgage (30yr, 6.5%)$11,705/yr
Mortgage share of income14.0%

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

employment snapshot

Job Market

Unemployment rate4.1%
State avg2.0%
U.S. avg5.2%
Labor force participation77.0%
Poverty rate14.3%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$192,900
Median monthly rent$736
Price-to-rent ratio21.8x

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

composite score

Investment Climate

Investment climateStrong
Composite score70/100
Economic growth92/100
Labor market65/100
Population momentum36/100
Overall stability75/100

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

Location Context

Colton city, South Dakota

City/Town

Part of

Sioux Falls, SD-MN

Nearby locations

Lyons, SDChester, SDBrant Lake South, SDBaltic, SDBrant Lake, SD