Groundwork

Real estate · Metro area · South Dakota

Real estate agents and brokers in the Rapid City, SD metro area

Competitor counts, household spending and official business counts for real estate agents and brokers in the Rapid City, SD metro area, set against other metro areas and the U.S.

Groundwork market score · out of 100

Score 27 out of 100: Lower middle

Ranked #380 of 387 scored metro areas
#2 of 2 scored metro areas based in South Dakota

Listings
222
7 chain locations (3%)
Official establishments
139
+25.2% since 2019
Household spending a year
$879.9M
On rent and homeowner costs · $14,014 a household
Housing spending per listing (U.S. = 100)
73
27% below the U.S.
Listings per 10k households
35.4
16% above the U.S.
Population, 2025
156,934
+6.2% since 2020

See the real estate agents and brokers around any address in the Rapid City metro area

The site report maps the real estate agents and brokers 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 Rapid City metro area. 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

The Groundwork market score for real estate agents and brokers in the Rapid City metro area is 27 (lower middle), #380 of 387 scored metro areas and #2 of 2 scored metro areas based in South Dakota. That puts it in the bottom quarter of metro areas.

As of September 2026, map listings count 222 real estate agents and brokers in the Rapid City metro area. Of those, 7 are chain locations, or 3%, against 4% across the U.S. That comes to 35.4 for every 10,000 households, 16% above the U.S. rate of 30.6.

At $14,014 per household (16% below the U.S. average), households in the Rapid City metro area spend about $879.9M a year on rent and homeowner costs. Housing spending per office 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 real estate agents and brokers take in.

The official count of businesses with payroll classed as offices of real estate agents and brokers in the Rapid City metro area was 139 in 2023, up 25.2% from 2019. That is one for every 452 households, against one for every 788 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $366K has gone to businesses classed as offices of real estate agents and brokers in the Rapid City metro area. Between 2020 and 2025, the population of the Rapid City metro area grew 6.2%, faster than the U.S. (+3.1%).

How the Rapid City metro area 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.

Real estate agents and brokers in Rapid City, SD metro area compared with South Dakota and the U.S.
MeasureRapid City metro areaSouth DakotaU.S.
Listings per 10k households35.426.530.6
Housing spending per listing (U.S. = 100)7396100
Households per official establishment452802788
Official establishment growth, 2019–2023+25.2%+36.1%+20.1%
Population growth, 2020–2025+6.2%+5.3%+3.1%
Spending per household on rent and homeowner costs$14,014$13,945$16,661
Median household income$75,255$75,081$80,734
Groundwork market score2738

Official counts and lending

Businesses

Official establishments, 2019 to 2023
139+25.2% over the period
Employees, 2023
225
Annual payroll, 2023
$10.1M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
2227 chain locations
Listings at the U.S. rate for this spending
161The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$366K

SBA-backed loans to businesses classed as offices of real estate agents and brokers in the Rapid City metro 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 Rapid City metro area

Population, 2025 estimate
156,934+6.2% since 2020
Households
62,789
Median age
41.8
Homes lived in by their owners
71%
Vehicles per household
2.1
Land area
7,805 sq. mi.
People per square mile
20
Median household income
$75,255
Average household income
$99,099
Median home value
$307,700
Jobs located here
69,449
Daytime population
153,009Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Rapid City metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate agents and brokers on map listings by name and distance.

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

Free10 actions over 3 days, no card

Real estate agents and brokers across South Dakota

Every South Dakota market ranked →

The highest-scoring metro areas in South Dakota for real estate agents and brokers, numbered among those based in South Dakota (a market based in another state is listed without a number), with the Rapid City metro area marked.

Top metro areas in South Dakota

Metro areas in South Dakota ranked for real estate agents and brokers by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
Sioux City, IA-NE-SD4313324.0106+1.0%#251 of 387
1Sioux Falls, SD-MN3743435.475+9.5%#313 of 387
2Rapid City, SD2722235.473+6.2%#380 of 387

Other business types in the Rapid City metro area

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

Questions

How many real estate agents and brokers are in the Rapid City, SD metro area?

The Rapid City metro area has 222 real estate agents and brokers on map listings as of September 2026. 7 of them (3%) are chain locations. The listings count real estate agents and brokerages, commercial brokers included. Official counts show 139 businesses with payroll classed as offices of real estate agents and brokers in 2023, up 25.2% from 2019.

How much do households in the Rapid City, SD metro area spend on rent and homeowner costs?

About $879.9M a year, or $14,014 per household. That is 16% below the U.S. average (an index of 84, where 100 is the U.S. average). For the 222 real estate agents and brokers on map listings, housing spending per office is 27% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate agents and brokers take in. It is estimated from the incomes of the 62,789 households in the Rapid City metro area and national spending patterns by income.

How does the Rapid City, SD metro area compare with the U.S. for real estate agents and brokers?

The Rapid City metro area has 35.4 real estate agents and brokers per 10,000 households, 16% above the U.S. rate of 30.6. The index of housing spending per office is 73, where 100 is the U.S. At the national ratio of real estate agents and brokers to household spending, the Rapid City metro area would have about 161, against 222 on map listings. There is one business with payroll in the industry for every 452 households, against one for every 788 across the U.S. The official count rose 25.2% from 2019 to 2023, against +20.1% for the U.S.

How fast is the Rapid City, SD metro area growing?

Population estimates put the Rapid City metro area at 156,934 people in 2025, up 6.2% since 2020, faster than the U.S. (+3.1%). It has 62,789 households. The median household income in the Rapid City metro area is $75,255 a year, 7% below the U.S. median of $80,734.

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. The Rapid City metro area scores 27 for real estate agents and brokers (lower middle), #380 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Rapid City metro area. It maps the real estate agents and brokers 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 real estate agents and brokers · All 56 business types in the Rapid City metro area

Screening a site or an acquisition in the Rapid City metro 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 Rapid City metro 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.