Groundwork

Groceries and convenience · Small-town market · South Dakota

Grocery and convenience stores in the Spearfish, SD area

The grocery and convenience stores in the Spearfish, SD area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score · out of 100

Score 81 out of 100: High

Ranked #16 of 538 scored small-town markets
#2 of 9 scored small-town markets based in South Dakota

Listings
21
11 chain locations (52%)
Official establishments
6
Businesses with payroll, 2023
Household spending a year
$70.7M
On groceries · $5,868 a household
Spending per listing
$3.4M
In line with the U.S.
Listings per 10k households
17.4
7% below the U.S.
Population, 2025
29,459
+14.0% since 2020

See the grocery and convenience stores around any address in the Spearfish area

The site report maps the grocery and convenience stores on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Spearfish area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Spearfish area scores 81 (high) on the Groundwork market score for grocery and convenience stores, ranking #16 of 538 scored small-town markets and #2 of 9 scored small-town markets based in South Dakota. That puts it in the top 10% of small-town markets for grocery and convenience stores.

Household spending on groceries in the Spearfish area comes to about $70.7M a year: $5,868 per household, 7% below the U.S. average. Spread across 21 grocery and convenience stores, that is $3.4M per store, in line with the U.S. figure of $3.4M.

The Spearfish area has 21 grocery and convenience stores on map listings as of September 2026. Chain locations make up 52% of them, against 42% across the U.S. That comes to 17.4 for every 10,000 households, 7% below the U.S. rate of 18.7.

Official counts show 6 businesses with payroll classed as grocery and convenience stores in the Spearfish area in 2023. That is one for every 2,009 households, against one for every 1,293 across the U.S. Population estimates put the population change in the Spearfish area from 2020 to 2025 at +14.0%, faster than the U.S. (+3.1%).

How the Spearfish area compares

The same measures for South Dakota and the whole U.S. Spending per listing divides a year of household spending on all groceries by the grocery and convenience stores counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Grocery and convenience stores in Spearfish, SD area compared with South Dakota and the U.S.
MeasureSpearfish areaSouth DakotaU.S.
Listings per 10k households17.424.718.7
Spending per listing$3.4M$2.4M$3.4M
Households per official establishment2,0091,5761,293
Official establishment growth, 2019–2023n/a+9.4%+7.2%
Population growth, 2020–2025+14.0%+5.3%+3.1%
Spending per household on groceries$5,868$6,012$6,319
Median household income$73,384$75,081$80,734
Groundwork market score8140

Official counts and lending

Businesses

Official establishments, 2019 to 2023
6
Employees, 2023
192
Annual payroll, 2023
$5.4M
One-person businesses, 2023
7Businesses with no payroll
Map listings, September 2026
2111 chain locations
Listings at the U.S. rate for this spending
21The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as grocery and convenience stores in the Spearfish area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Spearfish area

Population, 2025 estimate
29,459+14.0% since 2020
Households
12,054
Median age
44.5
Homes lived in by their owners
65%
Vehicles per household
2.1
Land area
800 sq. mi.
People per square mile
34
Median household income
$73,384+39.4% vs. 2015–2019, before inflation
Average household income
$94,174
Median home value
$346,500
Jobs located here
13,155
Daytime population
27,824Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Spearfish area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the grocery and convenience stores on map listings by name and distance.

Or open the report at the center of the Spearfish area. Signed out, you see a blurred preview; on an account, each report is one action.

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Grocery and convenience stores across South Dakota

Every South Dakota market ranked →

The highest-scoring small-town markets in South Dakota for grocery and convenience stores, numbered among those based in South Dakota, with the Spearfish area marked.

Top small-town markets in South Dakota

Small-town markets in South Dakota ranked for grocery and convenience stores by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Yankton, SD821414.4$4.1M+1.5%#14 of 538
2Spearfish, SD812117.4$3.4M+14.0%#16 of 538
3Brookings, SD762921.0$2.8M+9.6%#37 of 538
4Pierre, SD691922.2$2.7M−0.5%#91 of 538
5Vermillion, SD64916.2$3.5M+0.2%#128 of 538
6Watertown, SD612721.6$2.7M+4.3%#171 of 538
7Aberdeen, SD553821.2$2.8M−1.5%#238 of 538
8Mitchell, SD542522.8$2.6M+0.6%#249 of 538
9Huron, SD322938.5$1.5M+2.4%#447 of 538

Other business types in the Spearfish area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many grocery and convenience stores are in the Spearfish, SD area?

Map listings as of September 2026 show 21 grocery and convenience stores in the Spearfish area. 11 of them (52%) are chain locations. The listings count grocery, convenience and specialty food stores. Official counts show 6 businesses with payroll classed as grocery and convenience stores in 2023. Another 7 one-person businesses have no payroll, by official counts.

How much do households in the Spearfish, SD area spend on groceries?

About $70.7M a year, or $5,868 per household. That is 7% below the U.S. average (an index of 93, where 100 is the U.S. average). Spread across the 21 grocery and convenience stores on map listings, it comes to $3.4M per store. It is estimated from the incomes of the 12,054 households in the Spearfish area and national spending patterns by income.

How does the Spearfish, SD area compare with the U.S. for grocery and convenience stores?

The Spearfish area has 17.4 grocery and convenience stores per 10,000 households, 7% below the U.S. rate of 18.7. Spending per store is $3.4M, in line with the U.S. figure of $3.4M. The count on map listings matches the U.S. ratio of grocery and convenience stores to household spending. There is one business with payroll in the industry for every 2,009 households, against one for every 1,293 across the U.S.

How fast is the Spearfish, SD area growing?

Population estimates put the Spearfish area at 29,459 people in 2025, up 14.0% since 2020, faster than the U.S. (+3.1%). It has 12,054 households. The median household income in the Spearfish area is $73,384 a year, 9% below the U.S. median of $80,734. That rose 39.4% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Spearfish area scores 81 for grocery and convenience stores (high), #16 of 538 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Spearfish area. It maps the grocery and convenience stores on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for grocery and convenience stores · All 56 business types in the Spearfish area

Screening a site or an acquisition in the Spearfish area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Spearfish area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.