Groundwork

Real estate · County · South Dakota

Property management companies in Pennington County, SD

How Pennington County, SD compares with other counties and the U.S. for property management companies: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 34 out of 100: Lower middle

Ranked #722 of 910 scored counties
#4 of 7 scored counties in South Dakota

Listings
16
0 chain locations (0%)
Official establishments
40
+25.0% since 2019
Household spending a year
$647.8M
On rent and homeowner costs · $13,971 a household
Housing spending per listing (U.S. = 100)
73
27% below the U.S.
Listings per 10k households
3.5
17% above the U.S.
Population, 2025
116,792
+6.6% since 2020

See the property management companies around any address in Pennington County

The site report maps the property management companies 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 Pennington County. Signed out, you see a blurred preview; on an account, each report is one action.

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

What this means

For property management companies, Pennington County has a Groundwork market score of 34 (lower middle): #722 of 910 scored counties and #4 of 7 scored counties in South Dakota. That puts it in the bottom quarter of counties.

Household spending on rent and homeowner costs in Pennington County comes to about $647.8M a year: $13,971 per household, 16% below the U.S. average. Housing spending per company is 27% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in.

Pennington County has 16 property management companies on map listings as of September 2026. None of them are chain locations, against 4% across the U.S. That comes to 3.5 for every 10,000 households, 17% above the U.S. rate of 3.0.

In 2023, official counts showed 40 businesses with payroll in Pennington County classed as residential and commercial property managers, up 25.0% from 2019. That is one for every 1,159 households, against one for every 1,638 across the U.S. Since fiscal 2022, 2 SBA-backed loans worth $500K have gone to businesses classed as residential and commercial property managers in Pennington County. Between 2020 and 2025, the population of Pennington County grew 6.6%, faster than the U.S. (+3.1%).

How Pennington County compares

The same measures for South Dakota and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Pennington County, SD compared with South Dakota and the U.S.
MeasurePennington CountySouth DakotaU.S.
Listings per 10k households3.53.13.0
Housing spending per listing (U.S. = 100)7382100
Households per official establishment1,1592,1761,638
Official establishment growth, 2019–2023+25.0%+22.6%+11.4%
Population growth, 2020–2025+6.6%+5.3%+3.1%
Spending per household on rent and homeowner costs$13,971$13,945$16,661
Median household income$74,517$75,081$80,734
Groundwork market score3440

Official counts and lending

Businesses

Official establishments, 2019 to 2023
32 → 40+25.0% over the period
Employees, 2023
253
Annual payroll, 2023
$16.6M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
160 chain locations
Listings at the U.S. rate for this spending
12The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
2
Amount
$500K

SBA-backed loans to businesses classed as residential and commercial property managers in Pennington County, 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 Pennington County

Population, 2025 estimate
116,792+6.6% since 2020
Households
46,370
Median age
41.0
Homes lived in by their owners
69%
Vehicles per household
2.0
Land area
2,777 sq. mi.
People per square mile
41
Median household income
$74,517+30.6% vs. 2015–2019, before inflation
Average household income
$99,289
Median home value
$302,200
Jobs located here
59,416
Daytime population
120,445Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Pennington County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.

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

Free10 actions over 3 days, no card

Property management across South Dakota

Every South Dakota market ranked →

The highest-scoring counties in South Dakota for property management companies, numbered among those based in South Dakota, with Pennington County marked.

Top counties in South Dakota

Counties in South Dakota ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Lincoln County, SD44124.366+17.5%#563 of 910
2Brookings County, SD4464.356+9.6%#566 of 910
3Minnehaha County, SD36404.754+7.6%#691 of 910
4Pennington County, SD34163.573+6.6%#722 of 910
5Brown County, SD3163.767−1.7%#775 of 910
6Codington County, SD2854.061+4.3%#810 of 910
7Lawrence County, SD2565.049+14.0%#845 of 910

Other business types in Pennington County

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

Questions

How many property management companies are in Pennington County, SD?

Map listings as of September 2026 show 16 property management companies in Pennington County. None of them are chain locations. The listings count property management companies. Official counts show 40 businesses with payroll classed as residential and commercial property managers in 2023, up 25.0% from 2019.

How much do households in Pennington County, SD spend on rent and homeowner costs?

About $647.8M a year, or $13,971 per household. That is 16% below the U.S. average (an index of 84, where 100 is the U.S. average). For the 16 property management companies on map listings, housing spending per company is 27% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in. It is estimated from the incomes of the 46,370 households in Pennington County and national spending patterns by income.

How does Pennington County, SD compare with the U.S. for property management companies?

Pennington County has 3.5 property management companies per 10,000 households, 17% above the U.S. rate of 3.0. The index of housing spending per company is 73, where 100 is the U.S. At the U.S. ratio of property management companies to household spending, Pennington County would have about 12, against 16 on map listings. There is one business with payroll in the industry for every 1,159 households, against one for every 1,638 across the U.S. The official count rose 25.0% from 2019 to 2023, against +11.4% for the U.S.

How fast is Pennington County, SD growing?

Population estimates put Pennington County at 116,792 people in 2025, up 6.6% since 2020, faster than the U.S. (+3.1%). It has 46,370 households. Median household income in Pennington County is $74,517, 8% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 30.6%, 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. 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. Pennington County scores 34 for property management companies (lower middle), #722 of 910 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Pennington County. It maps the property management companies 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 property management companies · All 56 business types in Pennington County

Screening a site or an acquisition in Pennington County?

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 Pennington County. 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.