Pennington County, SD
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- Brooke Moore
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1 Pennington County, SD 730 E. Watertown Street, Suite 102 Rapid City, South Dakota Emsi Q Data Set
2 Contents. Economy Overview Historic &.. Projected Trends Popula on Characteris cs Industry Characteris cs Business Characteris cs Workforce Characteris cs Educa onal Pipeline Emsi Q Data Set
3 Economy Overview 110,785 65,765 $51.1K Popula on (2017) Jobs (2017) Median Household Income (2016) Popula on grew by 6,382 over the last 5 years and is projected to grow by 4,515 over the next 5 years. Jobs grew by 3,318 over the last 5 years and are projected to grow by 2,460 over the next 5 years. Median household income is $4.2K below the na onal median household income of $55.3K. As of 2017 the region's popula on increased by 6.1% since 2012, growing by 6,382. Popula on is expected to increase by 4.1% between 2017 and 2022, adding 4,515. From 2012 to 2017, jobs increased by 5.3% in Pennington County, SD from 62,447 to 65,765. This change fell short of the na onal growth rate of 7.9% by 2.6%. As the number of jobs increased, the labor force par cipa on rate decreased from 62.3% to 62.3% between 2012 and Concerning educa onal a ainment, 19.6% of Pennington County, SD residents possess a Bachelor's Degree (1.2% above the na onal average), and 9.9% hold an Associate's Degree (2.0% above the na onal average). The top three industries in 2017 are Restaurants and Other Ea ng Places, Federal Government, Military, and General Medical and Surgical Hospitals. Emsi Q Data Set 1
4 Economy Overview - Cont. Popula on (2017) Labor Force (2017) Jobs (2017) Cost of Living GRP Imports Exports Region 110,785 55,419 65, $6.69B $6.79B $8.53B 150-Mile Radius from Rapid City 599, , , $33.00B $37.24B $45.52B Rapid City MSA 147,383 72,926 77, $7.99B $9.13B $11.54B Rushmore Region 189,861 93,838 97, $9.92B $11.36B $13.99B Spearfish, South Dakota 15,915 N/A 8, $661.64M $880.11M $809.76M Rapid City Zip Codes 98,588 N/A 60, $5.60B $6.01B $7.56B State 872, , , $50.42B $54.18B $67.70B Na on 325,401, ,887, ,157, $19.09T $0 $8.52T 2-Hour Drive Time from Rapid City 278,084 N/A 134, $13.39B $16.35B $20.33B Emsi Q Data Set 2
5 Economy Overview - Cont Labor Force Breakdown Popula on A Total Working Age Popula on 88,971 A Not in Labor Force (15+) 33, ,785 Popula on A Labor Force 55,419 A Employed 53,359 A Unemployed 2,060 A Under 15 21,813 Educa onal A ainment Concerning educa onal a ainment, 19.6% of Pennington County, SD residents possess a Bachelor's Degree (1.2% above the na onal average), and 9.9% hold an Associate's Degree (2.0% above the na onal average). % of Popula on Popula on A Less Than 9th Grade 2.3% 1,722 A 9th Grade to 12th Grade 5.1% 3,869 A High School Diploma 27.5% 20,874 A Some College 25.9% 19,660 A Associate's Degree 9.9% 7,509 A Bachelor's Degree 19.6% 14,842 A Graduate Degree and Higher 9.7% 7,326 Emsi Q Data Set 3
6 Historic & Projected Trends Popula on Trends Economy Overview As of 2017 the region's popula on increased by 6.1% since 2012, growing by 6,382. Popula on is expected to increase by 4.1% between 2017 and 2022, adding 4,515. Timeframe Popula on , , , , , , , , , , ,299 Emsi Q Data Set 4
7 Historic & Projected Trends - Cont. Job Trends Economy Overview From 2012 to 2017, jobs increased by 5.3% in Pennington County, SD from 62,447 to 65,765. This change fell short of the na onal growth rate of 7.9% by 2.6%. Timeframe Jobs , , , , , , , , , , ,225 Emsi Q Data Set 5
8 Historic & Projected Trends - Cont. Labor Force Par cipa on Rate Trends Timeframe Labor Force Par cipa on Rate % % % % January - October % November % December % January % Emsi Q Data Set 6
9 Historic & Projected Trends - Cont. Unemployment Rate Trends Pennington County, SD had a January 2018 unemployment rate of 3.82%, decreasing from 3.90% 5 years before. Timeframe Unemployment Rate % % % % January - October % November % December % January % Emsi Q Data Set 7
10 Popula on Characteris cs 21,700 18,548 21,240 Millennials Re ring Soon Racial Diversity Pennington County, SD has 21,700 millennials (ages 20-34). The na onal average for an area this size is 22,700. Re rement risk is high in Pennington County, SD. The na onal average for an area this size is 16,670 people 65 or older, while there are 18,548 here. Racial diversity is low in Pennington County, SD. The na onal average for an area this size is 42,368 racially diverse people, while there are 21,240 here. 11, /1, /1,000 Veterans Violent Crime Property Crime Pennington County, SD has 11,511 veterans. The na onal average for an area this size is 6,613. Pennington County, SD has 5.93 violent crimes per 1,000 people. The na onal rate is 3.75 per 1,000 people. Pennington County, SD has property crimes per 1,000 people. The na onal rate is per 1,000 people. Emsi Q Data Set 8
11 Popula on Characteris cs - Cont. Place of Work vs Place of Residence Understanding where talent in Pennington County, SD currently works compared to where talent lives can help you op mize site decisions. High Inbound Commuters High Outbound Commuters Where Talent Works Where Talent Lives ZIP Name 2017 Employment ZIP Name 2017 Workers Rapid City, SD (in Penni 35, Rapid City, SD (in Penni 15, Rapid City, SD (in Penni 7, Box Elder, SD (in Pennin 2, Rapid City, SD (in Penni 2, Rapid City, SD (in Penni 23, Rapid City, SD (in Penni 19, Rapid City, SD (in Penni 9, Box Elder, SD (in Pennin 4, Rapid City, SD (in Penni 1,148 Emsi Q Data Set 9
12 Industry Characteris cs Largest Industries Industry Jobs Na onal Average Government Health Care and Social Assistance Retail Trade Accommoda on and Food Services Construc on Other Services (except Public Administra on) Finance and Insurance Manufacturing Professional, Scien fic, and Technical Services Wholesale Trade Administra ve and Support and Waste Management and Remedia on Services Transporta on and Warehousing Arts, Entertainment, and Recrea on Educa onal Services Real Estate and Rental and Leasing Informa on Management of Companies and Enterprises Agriculture, Forestry, Fishing and Hun ng U li es Mining, Quarrying, and Oil and Gas Extrac on 0 2,000 4,000 6,000 8,000 10,000 12,000 Emsi Q Data Set 10
13 Industry Characteris cs - Cont. Top Growing Industries Industry Jobs Growth Health Care and Social Assistance Government Accommoda on and Food Services Wholesale Trade Retail Trade Manufacturing Transporta on and Warehousing Arts, Entertainment, and Recrea on Construc on Educa onal Services d Support and Waste Management and Remedia on Services Management of Companies and Enterprises Professional, Scien fic, and Technical Services Finance and Insurance Mining, Quarrying, and Oil and Gas Extrac on Real Estate and Rental and Leasing ,000 Emsi Q Data Set 11
14 Industry Characteris cs - Cont. Top Industry LQ Industry LQ Accommoda on and Food Services Retail Trade Construc on Health Care and Social Assistance Government Finance and Insurance Other Services (except Public Administra on) Arts, Entertainment, and Recrea on U li es Wholesale Trade Management of Companies and Enterprises Real Estate and Rental and Leasing Informa on Professional, Scien fic, and Technical Services Transporta on and Warehousing Educa onal Services Manufacturing d Support and Waste Management and Remedia on Services Agriculture, Forestry, Fishing and Hun ng Mining, Quarrying, and Oil and Gas Extrac on Emsi Q Data Set 12
15 Industry Characteris cs - Cont. Top Industry GRP 2017 Gross Regional Product Government Health Care and Social Assistance Retail Trade Finance and Insurance Construc on Manufacturing Wholesale Trade Accommoda on and Food Services Real Estate and Rental and Leasing Professional, Scien fic, and Technical Services Informa on Other Services (except Public Administra on) U li es Transporta on and Warehousing Management of Companies and Enterprises d Support and Waste Management and Remedia on Services Arts, Entertainment, and Recrea on Agriculture, Forestry, Fishing and Hun ng Educa onal Services Mining, Quarrying, and Oil and Gas Extrac on $0.000 $200.0M $400.0M $600.0M $800.0M $1.000B $1.200B Emsi Q Data Set 13
16 Industry Characteris cs - Cont. Top Industry Earnings 2017 Earnings Per Worker Management of Companies and Enterprises U li es Finance and Insurance Wholesale Trade Health Care and Social Assistance Government Professional, Scien fic, and Technical Services Manufacturing Mining, Quarrying, and Oil and Gas Extrac on Informa on Transporta on and Warehousing Construc on Real Estate and Rental and Leasing Educa onal Services Agriculture, Forestry, Fishing and Hun ng d Support and Waste Management and Remedia on Services Retail Trade Other Services (except Public Administra on) Arts, Entertainment, and Recrea on Accommoda on and Food Services $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 Emsi Q Data Set 14
17 Industry Characteris cs - Cont. Industry 2012 Jobs 2017 Jobs Change in Jobs % Change in Jobs 2017 LQ 2017 Earnings Per Worker 2017 GRP Government 11,571 12, % 1.22 $61,019 $1.37B Health Care and Social Assistance 9,154 10,326 1, % 1.24 $62,213 $735.46M Retail Trade 8,680 8, % 1.31 $32,271 $578.94M Accommoda on and Food Services 7,405 7, % 1.39 $21,031 $319.18M Construc on 4,393 4, % 1.26 $52,129 $405.42M Other Services (except Public Administra on) 3,318 3, % 1.02 $30,574 $135.72M Finance and Insurance 2,886 2, % 1.15 $65,164 $449.51M Manufacturing 2,448 2, % 0.50 $58,124 $370.91M Professional, Scien fic, and Technical Services 2,432 2, % 0.59 $58,430 $220.99M Wholesale Trade 1,904 2, % 0.88 $64,319 $366.48M Administra ve and Support and Waste Management and Remedia on Services 1,967 2, % 0.50 $32,656 $98.49M Transporta on and Warehousing 1,205 1, % 0.59 $53,809 $115.75M Arts, Entertainment, and Recrea on 1,000 1, % 1.00 $23,915 $59.61M Educa onal Services % 0.58 $34,100 $39.94M Real Estate and Rental and Leasing % 0.78 $38,170 $254.57M Emsi Q Data Set 15
18 Industry Characteris cs - Cont. Industry 2012 Jobs 2017 Jobs Change in Jobs % Change in Jobs 2017 LQ 2017 Earnings Per Worker 2017 GRP Informa on % 0.65 $54,887 $167.74M Management of Companies and Enterprises Agriculture, Forestry, Fishing and Hun ng % 0.81 $126,257 $115.16M % 0.42 $34,002 $49.29M U li es % 0.99 $118,011 $122.60M Mining, Quarrying, and Oil and Gas Extrac on % 0.32 $56,083 $28.00M Emsi Q Data Set 16
19 Business Characteris cs 907 Companies Employ Your Workers Online profiles for your workers men on 907 companies as employers, with the top 10 appearing below. In the last 12 months, 1,963 companies in Pennington County, SD posted job pos ngs, with the top 10 appearing below. Top Companies Profiles Top Companies Pos ng Unique Pos ngs Rapid City Regional Hospital, Inc 33 Black Hills Corpora on 17 Ditech 15 South Dakota School of Mines 15 United States Department of th 14 Na onal American University 8 Wal-Mart Stores, Inc. 8 Black Hills Surgical Hospital, L.L 7 Western Dakota Technical Ins t 6 Green Tree Servicing LLC 5 Rapid City Regional Hospital, Inc 790 Forward Air Corpora on 533 Travel Nurse Inc 247 Pla num Supplemental Insuranc 212 United States Department of th 184 Cabela's Incorporated 173 HealthCare Employment Netwo 154 Black Hills Special Services Coop 137 Kelly Services, Inc. 135 Black Hills Corpora on 124 Emsi Q Data Set 17
20 Business Characteris cs - Cont. Business Size Percentage Business Count A 1 to 4 employees 46.1% 2,514 A 5 to 9 employees 21.9% 1,193 A 10 to 19 employees 16.7% 908 A 20 to 49 employees 9.9% 541 A 50 to 99 employees 3.7% 199 A 100 to 249 employees 1.3% 69 A 250 to 499 employees 0.4% 20 A 500+ employees 0.1% 4 *Business Data by DatabaseUSA.com is third-party data provided by Emsi to its customers as a convenience, and Emsi does not endorse or warrant its accuracy or consistency with other published Emsi data. In most cases, the Business Count will not match total companies with profiles on the summary tab. Emsi Q Data Set 18
21 Workforce Characteris cs Largest Occupa ons Occupa on Jobs Na onal Average Office and Administra ve Support Sales and Related Food Prepara on and Serving Related Healthcare Prac oners and Technical Construc on and Extrac on Military Transporta on and Material Moving Building and Grounds Cleaning and Maintenance Educa on, Training, and Library Installa on, Maintenance, and Repair Personal Care and Service Business and Financial Opera ons Produc on Management Healthcare Support Community and Social Service Arts, Design, Entertainment, Sports, and Media Protec ve Service Computer and Mathema cal Architecture and Engineering Life, Physical, and Social Science Legal Farming, Fishing, and Forestry 0 2,000 4,000 6,000 8,000 Emsi Q Data Set 19
22 Workforce Characteris cs - Cont. Top Growing Occupa ons Occupa on Jobs Growth Office and Administra ve Support Healthcare Prac oners and Technical Food Prepara on and Serving Related Building and Grounds Cleaning and Maintenance Sales and Related Transporta on and Material Moving Personal Care and Service Installa on, Maintenance, and Repair Healthcare Support Educa on, Training, and Library Business and Financial Opera ons Produc on Community and Social Service Construc on and Extrac on Protec ve Service Arts, Design, Entertainment, Sports, and Media Computer and Mathema cal Legal Architecture and Engineering Life, Physical, and Social Science Emsi Q Data Set 20
23 Workforce Characteris cs - Cont. Top Occupa on LQ Occupa on LQ Military Healthcare Prac oners and Technical Construc on and Extrac on Building and Grounds Cleaning and Maintenance Food Prepara on and Serving Related Community and Social Service Sales and Related Life, Physical, and Social Science Installa on, Maintenance, and Repair Office and Administra ve Support Personal Care and Service Arts, Design, Entertainment, Sports, and Media Healthcare Support Legal Educa on, Training, and Library Transporta on and Material Moving Business and Financial Opera ons Protec ve Service Architecture and Engineering Management Produc on Computer and Mathema cal Farming, Fishing, and Forestry Emsi Q Data Set 21
24 Workforce Characteris cs - Cont. Top Occupa on Earnings 2016 Avg. Hourly Earnings Management Healthcare Prac oners and Technical Legal Life, Physical, and Social Science Architecture and Engineering Business and Financial Opera ons Computer and Mathema cal Military Educa on, Training, and Library Installa on, Maintenance, and Repair Community and Social Service Protec ve Service Construc on and Extrac on Arts, Design, Entertainment, Sports, and Media Sales and Related Transporta on and Material Moving Farming, Fishing, and Forestry Produc on Office and Administra ve Support Healthcare Support Personal Care and Service Building and Grounds Cleaning and Maintenance Food Prepara on and Serving Related $0.00 $10.00 $20.00 $30.00 $40.00 Emsi Q Data Set 22
25 Workforce Characteris cs - Cont. Top Posted Occupa ons Unique Average Monthly Pos ngs Healthcare Prac oners and Technical Sales and Related Transporta on and Material Moving Office and Administra ve Support Food Prepara on and Serving Related Management Installa on, Maintenance, and Repair Business and Financial Opera ons Educa on, Training, and Library Healthcare Support Personal Care and Service Computer and Mathema cal Produc on Protec ve Service Arts, Design, Entertainment, Sports, and Media Building and Grounds Cleaning and Maintenance Community and Social Service Construc on and Extrac on Architecture and Engineering Life, Physical, and Social Science Legal Military Farming, Fishing, and Forestry Emsi Q Data Set 23
26 Workforce Characteris cs - Cont. Occupa on 2012 Jobs 2017 Jobs Change in Jobs % Change in Jobs 2017 LQ 2016 Avg. Hourly Earnings Jun May 2018 Unique Average Monthly Pos ngs Office and Administra ve Support 9,260 9, % 0.99 $ Sales and Related 7,400 7, % 1.17 $ Food Prepara on and Serving Related Healthcare Prac oners and Technical Construc on and Extrac on 6,311 6, % 1.21 $ ,272 4, % 1.31 $ ,725 3, % 1.30 $ Military 3,976 3, % 4.53 $ Transporta on and Material Moving Building and Grounds Cleaning and Maintenance Educa on, Training, and Library Installa on, Maintenance, and Repair Personal Care and Service Business and Financial Opera ons 2,978 3, % 0.74 $ ,734 3, % 1.23 $ ,729 2, % 0.77 $ ,473 2, % 1.07 $ ,348 2, % 0.95 $ ,293 2, % 0.74 $ Produc on 2,228 2, % 0.62 $ Management 2,352 2, % 0.65 $ Healthcare Support 1,447 1, % 0.89 $ Emsi Q Data Set 24
27 Workforce Characteris cs - Cont. Occupa on 2012 Jobs 2017 Jobs Change in Jobs % Change in Jobs 2017 LQ 2016 Avg. Hourly Earnings Jun May 2018 Unique Average Monthly Pos ngs Community and Social Service Arts, Design, Entertainment, Sports, and Media 1,178 1, % 1.20 $ ,016 1, % 0.90 $ Protec ve Service 987 1, % 0.72 $ Computer and Mathema cal Architecture and Engineering Life, Physical, and Social Science % 0.51 $ % 0.69 $ % 1.13 $ Legal % 0.81 $ Farming, Fishing, and Forestry % 0.34 $ Emsi Q Data Set 25
28 Educa onal Pipeline In 2017, there were 1,171 graduates in Pennington County, SD. This pipeline has grown by 7% over the last 5 years. The highest share of these graduates come from "Cosmetology/Cosmetologist, General", Mechanical Engineering, and "Business Administra on and Management, General". School South Dakota School of Mines and Technology Total Graduates (2017) 442 Graduate Trend ( ) Na onal American University-Rapid City 337 Western Dakota Technical Ins tute 305 Headlines Academy Inc 49 Black Hills Beauty College 38 Cer ficate Associate's Bachelor's Master's or Higher Emsi Q Data Set 26
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