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EconPulse

Local economy signal dashboard

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PLACEThriving

Marion, SD

Thriving overall. Jobs 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 score83out of 100
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42
100
96
80
100

Population

981

Data freshness

Unknown

GDP / Output

+0.4% YoY

42

$612.7M

Output changed +0.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.2%

Unemployment is 0.2% for Latest available.

Vintage date unknown

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

Population

+7.7% 5-year

96

981

Population moved +7.7% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

80

14.4%

Median rent consumes 14.4% 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

$8.5K per resident

100

$73.4M

$73.4M 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

$73.4M

$8.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$44.1M
2. Department of Agriculture$20.1M
3. Department of Veterans Affairs$5.8M

Top recipients

Dollars
1. REDACTED DUE TO PII$17.2M
2. STATE OF SOUTH DAKOTA$2.7M
3. TM RURAL WATER DISTRICT$2.0M

Affordable

Housing Affordability

14.4%

of median income

1BR estimate$667
2BR estimate$878
Median income$67,750
Median home value$164,500

ACS context

Quick Facts

Population

981

Median age

51.7

Bachelor's degree+

18.8%

Poverty rate

10.8%

Labor force participation

59.5%

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

+1.5%

GDP CAGR

+10.7%

Federal flow

5 years

Population (5 years)
2020911
2021897
2022954
20231,004
2024981
GDP (5 years)
2020$367.7M
2021$465.3M
2022$581.2M
2023$610.1M
2024$612.7M

2-year linear forecast

Predictive Outlook

Population forecast

2024981
20251,024 *
20261,048 *

R² = 74.2% · * projected

GDP forecast

2024$612.7M
2025$717.8M *
2026$781.2M *

R² = 86.9% · * 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$67,750/yr
Median rent$813/mo
Rent share of income14.4%
Est. mortgage (30yr, 6.5%)$9,982/yr
Mortgage share of income14.7%

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

employment snapshot

Job Market

Unemployment rate0.2%
State avg2.0%
U.S. avg5.2%
Labor force participation59.5%
Poverty rate10.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$164,500
Median monthly rent$813
Price-to-rent ratio16.9x

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

composite score

Investment Climate

Investment climateStrong
Composite score78/100
Economic growth42/100
Labor market100/100
Population momentum96/100
Overall stability83/100

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

Location Context

Marion city, South Dakota

City/Town

Part of

Sioux Falls, SD-MN

Nearby locations

Monroe, SDParker, SDDolton, SDFreeman, SDCanistota, SD