Facts-at-a-Glance

Cost of Living	Climate
Population	Geography
	Taxes

Climate:

Month	Avg. High Temp (°F)	Avg. Low Temp (°F)	Mean Temp (°F)
January	24.5	3.3	14.2
February	30.6	10.6	20.6
March	41.4	21.5	31.5
April	58.4	34.5	46.5
May	70.4	46.2	58.3
June	80.1	56.5	68.3
July	85.4	62.0	73.7
August	83.2	59.7	71.4
September	73.8	49.1	61.4
October	61.3	36.6	46.0
November	43.0	22.5	32.8
December	29.4	10.3	19.8
Source: Sioux Falls Development Foundation, July 2008
Annual Avg. Temperature	45.59° F
Avg. Relative Humidity (at noon)	64%
Avg. annual wind speed	11.0mph
Annual Total Precipitation	24.76 inches
Annual total snow/sleet	40.1 inches
Annual % Possibel Sunshine	63%
Source: Sioux Falls Development Foundation, July 2008

Cost of Living:


Sioux Falls, SD	94.1	89.6	84.3	113.1	92.6	100.6	98.7
Cedar Rapids, IA	93.7	86.7	79.9	108.3	95.6	106.9	102.1
Cheyenne, WY	100.9	107.0	105.1	109.6	96.2	96.8	94.3
Colorado Springs, CO	92.2	97.3	89.1	84.6	102.1	103.3	90.8
Fargo-Moorhead, ND-MN	93.3	100.3	83.5	103.3	94.9	96.9	95.5
Missoula, MT	104.7	122.5	94.0	106.6	106.7	108.0	106.0
Rochester, MN	96.0	90.0	86.0	104.9	99.5	104.2	102.4
St. Cloud, MN	99.7	107.1	85.9	112.7	99.2	101.4	105.5
Source: ACCRA, Cost-of-Living Index, second quarter 2008

Geography:

Elevation	1422 feet
Land size	70 square miles
Sioux Falls is located in the southeastern corner of South Dakota, near the borders of Minnesota, Iowa and Nebraska. Source: Sioux Falls Development Foundation, July 2008

Population:

Sioux Falls	152,800
Metropolitan Statistical Area*	227,000
Median Age	33
Sioux Falls is located in the southeastern corner of South Dakota, near the borders of Minnesota, Iowa and Nebraska. Includes Lincoln, McCook, Minnehaha & Turner counties Source: Sioux Falls Development Foundation, July 2008*

Taxes:

State corporate income tax	none
Entertainment tax	1%
Includes lodging, alcohol and resturant services and event admissions. Funds are earmarked for the operation and debt service of the Sioux Falls Convention Center and Washington Pavillion.
Hotel/Motel tax	1%
Proceeds are used for the operation of the Sioux Falls Convention & Visitors Bureau
Inventory Tax	none
Personal income tax	none
Property tax	Comercial Property: $23.852 per $1000 of assessed value. Owner Occupied: $17.322 per $1000 of assessed value.
(2007 property taxes payable in 2008) Minnehaha County: $23.20 per $1,000 of valuation for commercial property; $16.91 per $1,000 of valuation of owner-occupied, single-family homes. Lincoln County, Harrisburg Shool District: $18.13 per $1,000 of valuation of owner-occupied, single-family homes; $24.58 per $1,000 of valuation for other property. Lincoln County, Sioux Falls School District: $16.36 per $1,000 of valuation of owner-occupied, single-family homes; $22.13 per $1,000 of valuation for other property; Lincoln County, Tea School District: $19.20 per $1,000 of valuation of owner-occupied, single-family homes; $24.63 per $1,000 of valuation for other property; These are 2006 real estate taxes payable in 2007. For those qualifying for the owner-occupies tax reduction program, property owners must own and occupy the residence on the assessment date (Nov. 1) and file an application with the director of equalization (367-4228) on or before March 15 following the assessment date.
Sales & Use tax	5.92% (4% state, 1.92% city)
Includes gross receipts from rentals of lodging establishments and from retail sales of tangible personal property, public utility services, admissions to places of amusemtent, mechanical amusement devices and services and professions. Consumers pay an additional 1% tax on tourism-related activities to fund the state's Department of Tourism. Use Tax (4 percent) is collected on tangible personal property used or consumed in the state. South Dakota has a reciprocal statute on its sales and use taxes.
State Personal Income Tax	none