Rapid City
SD
Comprehensive business data, market statistics, and demographic insights for Rapid City, SD. Census-backed market intelligence updated annually.
Market Signal Report
Curated Intelligence. We analyzed 327 local industries to isolate distinct economic patterns—from rapid acceleration to uncrowded markets.
These are not random picks. We filtered the census database to identify the strongest statistical match for distinct economic strategies.
- > High Momentum (Biz Count Growth)
- > Supply Gaps (Low Competition)
- > Market Anchors (High Volume)
Child and Youth Services
While the average sector grew flat, Child and Youth Services surged 2.0% from 2018 vs 2023. This is the fastest-moving opportunity in the market.
Food Service Contractors
Growing demand (2018 vs 2023) with surprisingly low competition level. A classic supply-gap opportunity with strong margins.
Securities Brokerage
Professional industry driven by high-value human capital. High barrier to entry due to specialized workforce requirements.
Small Arms, Ordnance, and Ordnance Accessories Manufacturing
Dominated by a few key players. High consolidation often indicates mature market dynamics.
Offices of Real Estate Agents and Brokers
Zero volatility. Growth matches population exactly. A proven, volume-based sector for long-term consistency.
View All Niches
See full table (327 Rows)
Rapid City Market Intelligence
327 Industries Analyzed • 2018 vs 2023 Data
Rapid City presents 327 market niches across diverse sectors. Competition is intense with 179 saturated sectors requiring differentiation strategies. Consider: Food Service Contractors, Child and Youth Services.
| Niche (NAICS) | Competition | Growth Rate | Businesses | Avg Team | Avg Salary |
|---|---|---|---|---|---|
Offices of Real Estate Agents and Brokers#531210 | 1.34 | +28.7% | 139 | 1.6 | $44.9K |
Full-Service Restaurants#722511 | 0.84 | -2.2% | 134 | 21.3 | $29.3K |
Limited-Service Restaurants#722513 | 0.76 | +22.1% | 127 | 21.3 | $21.0K |
Religious Organizations#813110 | 1.13 | +9.8% | 123 | 6.9 | $24.6K |
Hotels (except Casino Hotels) and Motels#721110 | 3.59 | +1.7% | 117 | 14.4 | $31.3K |
Insurance Agencies and Brokerages#524210 | 1.23 | +1.0% | 100 | 4.3 | $64.3K |
Residential Remodelers#236118 | 1.11 | +34.8% | 93 | 3.1 | $50.8K |
Offices of Physicians (except Mental Health Specialists)#621111 | 0.69 | +1.1% | 89 | 16.8 | $87.5K |
New Single-Family Housing Construction (except For-Sale Builders)#236115 | 2.42 | +16.0% | 87 | 3.7 | $50.3K |
Gasoline Stations with Convenience Stores#447110 | 1.47 | +3.8% | 82 | 10.1 | $29.8K |
Landscaping Services#561730 | 1.07 | +27.9% | 78 | 3.7 | $43.6K |
Offices of Lawyers#541110 | 0.75 | -4.9% | 78 | 4.7 | $53.0K |
Plumbing, Heating, and Air-Conditioning Contractors#238220 | 1.14 | +8.3% | 78 | 15.1 | $60.8K |
Offices of Dentists#621210 | 0.78 | +3.1% | 67 | 11.8 | $64.0K |
General Automotive Repair#811111 | 1.29 | +13.8% | 66 | 4.6 | $48.6K |
Electrical Contractors and Other Wiring Installation Contractors#238210 | 1.24 | +23.5% | 63 | 8.6 | $56.5K |
Janitorial Services#561720 | 1.44 | +19.6% | 61 | 9.6 | $17.3K |
Snack and Nonalcoholic Beverage Bars#722515 | 1.07 | +42.5% | 57 | 11.1 | $19.1K |
Site Preparation Contractors#238910 | 2.34 | +14.6% | 55 | 10.3 | $64.8K |
Lessors of Residential Buildings and Dwellings#531110 | 1.10 | +18.6% | 51 | 2.4 | $52.0K |
Engineering Services#541330 | 1.27 | +25.0% | 50 | 10.0 | $83.1K |
Automotive Body, Paint, and Interior Repair and Maintenance#811121 | 2.23 | +6.8% | 47 | 5.0 | $61.6K |
RV (Recreational Vehicle) Parks and Campgrounds#721211 | 19.32 | +2.3% | 44 | 3.2 | $60.6K |
Administrative Management and General Management Consulting Services#541611 | 0.67 | +51.7% | 44 | 2.1 | $63.0K |
Child Care Services#624410 | 0.83 | +13.5% | 42 | 15.0 | $28.3K |
Understanding Your Data
How to read the numbers and what to do next.
We pull directly from official U.S. Census Bureau records (specifically County Business Patterns & Nonemployer Statistics). We don't use estimates or opinions—we simply clean and organize the government's raw data so you can actually use it.
VERIFIED
MARKET
DATA
We built this platform to provide the foundational data you need to navigate your market's landscape and competitive dynamics.
Straight from the Source
We pull raw numbers directly from the U.S. Census Bureau. You're looking at the same data used by banks and city planners, simplified for clarity.
Data-First Methodology
We focus exclusively on the numbers. Our rankings are driven by objective metrics like growth and density, ensuring you see the market exactly as the data reports it.
Transparent Logic
No secret formulas. We show you the raw metrics—Growth, Density, and Volume—so you can verify the math yourself.