Starting a Business in Pennington County, SD

What does it cost to start a business in Pennington County? Here are the numbers.

Avg Startup Cost

$50,867

Monthly Overhead

$1,494

Est. Break-Even

30 mo

Runway

34 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,494/mo
Median Household Income$67,823
Property Tax Rate1.2%

Population (market size)110,386

Market Context

Median Home Value$247,800
Homeownership Rate69.2%
Median Rent$996/mo

CountyPennington County

About Pennington County, South Dakota

Pennington County in South Dakota has a population of 110,386 and a median household income of $67,823. The larger population base provides a strong potential customer pool for new businesses.

These are starting estimates based on county-level data. Your actual startup costs depend on your industry, business model, location within the county, and dozens of other factors. Use our calculator for a detailed viability analysis.

Analyze Your Business Viability in Pennington County

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Other Counties in South Dakota

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SBA, BLS. Estimates based on county-level medians. This is not financial advice.