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Retirement Communities in South Dakota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS SD62331

Retirement Communities in South Dakota industry analysis

The Retirement Communities industry in South Dakota is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Retirement Communities in South Dakota Market Research Report

What’s Included in the Retirement Communities in South Dakota Market Research Report

Definition of the Retirement Communities in South Dakota?

This industry provides residential and personal care services for older adults and other individuals who cannot fully care for themselves or want to live in a community facility. The care typically includes room, board, supervision, and assistance in daily living, such as housekeeping services. Some establishments provide skilled nursing care for residents in separate on-site facilities.

What’s included in the Retirement Communities in South Dakota?

The Retirement Communities in South Dakota includes continuing care retirement communities and assisted living facilities and homes for the elderly. Related terms covered in the Retirement Communities in South Dakota industry report includes everyday activities include bathing, grooming, eating, using the toilet and getting dressed, a facility that provides individuals with a choice of services and living situations for the remainder of their lives, care and comfort measures provided to those with a terminal illness and their families can include medical, counseling and social services, a state-licensed nursing home provides 24-hour nursing care, room and board. there are activities for convalescent residents and those with long-term and chronic illnesses and care provided to individuals with memory impairment can include medical and social assistance with activities of daily living.

Industry Performance of the Retirement Communities industry in South Dakota

Benchmark the Retirement Communities in South Dakota industry performance with all SD county and national performance.

Retirement Communities in South Dakota

#37 in Highest Revenue 0.4% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Retirement Communities in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Retirement Communities industry in South Dakota

See how key industry drivers, such as median houshold income, house price index, new business formation, number of adults aged 65 and older, federal funding for medicare and medicaid and house price index are impacting Retirement Communities in South Dakota

South Dakota Economic Indicators

Median Houshold Income
House Price Index
New Business Formation

View more economic information in SD State Economic profile

US Key External Drivers

Number of adults aged 65 and older
Federal funding for Medicare and Medicaid
House price index

For the full list of industry drivers, see report purchase options.

County Data of the Retirement Communities industry in South Dakota

Access proprietary data on county in the Retirement Communities in South Dakota, such as Minnehaha County, Pennington County and Brown County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Retirement Communities industry in South Dakota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Retirement Communities industry in South Dakota in 2025?

The market size of the Retirement Communities industry in South Dakota is $415.7m in 2025.

How many businesses are there in the Retirement Communities industry in South Dakota in 2025?

There are 133 businesses in the Retirement Communities industry in South Dakota, which has been growing at an average annual rate of 0.9% from 2020 to 2025.

Has the Retirement Communities industry in South Dakota grown or declined over the past 5 years?

The market size of the Retirement Communities industry in South Dakota has been growing at an average annual rate of 5.2% from 2020 to 2025.

How many employees in the Retirement Communities industry in South Dakota in 2025?

There are 5,075 employees in the Retirement Communities industry in South Dakota, which has been growing at an average annual rate of 0.2% from 2020 to 2025.