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South Dakota Score and Ranking
| CATEGORY | 2025 SCORE | 2025 RANK | 2024 RANK | 2025 GRADE |
|---|---|---|---|---|
| ECONOMY | 209 | 36 | 23 | C- |
| INFRASTRUCTURE | 197 | 31 | 36 | C |
| WORKFORCE | 127 | 47 | 44 | F |
| COST OF DOING BUSINESS | 176 | 16 | 16 | B+ |
| BUSINESS FRIENDLINESS | 204 | 2 | 3 | A |
| QUALITY OF LIFE | 136 | 29 | 28 | C- |
| TECHNOLOGY & INNOVATION | 77 | 49 | 48 | F |
| EDUCATION | 49 | 35 | 24 | C |
| ACCESS TO CAPITAL | 26 | 28 | 32 | D+ |
| COST OF LIVING | 37 | 16 | 19 | B- |
| OVERALL | 1238 | 35 | 33 |
Economic Profile
Governor: Larry Rhoden, Republican
Population: 924,669
GDP growth (Q1 2025): -2.7%
Unemployment rate (May 2025): 1.8%
Top corporate tax rate: None
Top individual income tax rate: None
Gasoline tax: 48.40 cents/gallon
Bond rating (Moody's/S&P): Aaa, Stable/AAA, Stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, Energy Information Administration (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
