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Situation & Outlook Report

Spearfish, SD Micropolitan Statistical Area
(CBSA 43940)
Geographic-Demographic-Economic Characteristics -- access other areas
See about updates.

This section is no longer being updated. Access the permanent replacement section at http://proximityone.com/cbsa/1/cbsa43940.htm. Please bookmark this new URL.

Access 2018 S&O Reports, featuring county and metro projections to 2030, via the interactive table at http://proximityone.com/metros.htm. The 2018 reports are similar but have been greatly expanded and updated.

Contents of this Report
This document is organized into these sections:
1. Recent Trends & Outlook
2. Overview & Updates
3. Reference & Thematic Pattern Maps
3.1. Lay of the Land
3.2. Neighborhood Patterns of Economic Prosperity
4. Population Characteristics & Trends
4.1. Component City Characteristics
4.2. Component County Characteristics
4.2.1. RDEMS Component County Characteristics
4.3. General Demographic Characteristics
5. Housing Characteristics & Trends
5.1. Total Housing Units
5.2. General Housing Characteristics
5.3. Residential Construction; Housing Units Authorized & Value
5.4. Housing Price Index
6. Economic Characteristics & Trends
6.1. Economic Profile
6.2. Cost of Living Indexes
6.3. Cost of Doing Business Indexes
6.4. Consumer Price Index
6.5. Gross Domestic Product
6.6. Establishments, Employment & Earnings by Type of Business
6.7. Labor Market Characteristics & Trends
7. Education Infrastructure
7.1. Component School District Characteristics
7.2. Component Higher Education Institution Characteristics
8. GeoPolitics
  Terms of Use
  Related Resources
  Using this Document
  Updates
  About Metros & Principal Cities
  Glossary


1. Recent Trends & Outlook
Summary of recent business, demographic, economic trends; year-ahead & 5-year outlook.
- the Recent Trends & Outlook section, updated quarterly, covers topics about this metro such as .. assessing the implications of next jobs report .. impact of Fed''s interest rate action .. which sectors are expanding or contracting .. housing market conditions .. insights to help your planning and decision-making. The Recent Trends & Outlook section is available in the subscription edition.

2. Overview & Update
The total population of the Spearfish, SD MISA metro changed from 24,197 in 2010 to 24,717 in 2015, a change of 630 (2.6%). Among all 917 metros, this metro was ranked number 859 in 2010 and 856 in 2015, based on total population. Annual net migration was 105 (2011), 75 (2012), 551 (2013), -280 (2014), -280 (2015). View annual population estimates and components of change table. See more about population characteristics below.

This metro is projected to have a total population in 2020 of 25,941. The projected population change from 2010 to 2020 is 1,771 (7.3%). The population ages 65 years and over is projected to change from 4,110 (2010) to 5,985 (2020), a change of 1,875 (45.6%). See more about population projections.

Based on per capita personal income (PCPI), this metro was ranked number 256 in 2008 and 246 in 2014. among the 917 metros for which personal income was estimated.The PCPI changed from $36,722 in 2008 to $41,976 in 2014, a change of $5,254 (14.3%). Per capita personal income (PCPI) is a comprehensive measure of individual economic well-being. Use the interactive table to compare PCPI in this metro to other metros. See more about PCPI in Economic Characteristics section below.

Attributes of driil-down, small area geography within the metro ... metros account for 65,744 of the national scope 73,056 census tracts (others are in non-metro areas). This metro is comprised of 5 tracts covering the metro wall-to-wall. View, rank, compare demographic-economic attributes of these tracts using the interactive tables. Use the CBSA code 43940; see table usage details below the table.

3. Lay of the Land & Neighborhood Patterns of Economic Prosperity   go top

3.1. Lay of the Land go top
Visual analysis of changing economic prosperity.
The following map shows the change in per capita personal income between 2008 and 2013 by county.
 
  View developed with CV XE GIS software.   See this section to learn about making custom maps for metros/counties of interest.

4. Population Characteristics & Trends go top
Updated monthly, quarterly, annually. Housing market conditions and extended detail Available in subscription edition.

4.1. Component City Characteristics go top
Principal Cities (about principal cities); Click link to view city profile.
  •   Spearfish

Cities 10,000 population and over; click link to view city profile.
  AreaCensus
2010
July 1
2010
July 1
2011
July 1
2012
July 1
2013
July 1
2014
Change
2010-14
%Change
2010-14
  Spearfish, SD (4660020) 10,494 10,575 10,678 10,740 11,093 11,091 516 4.90

All places interactive tables General Demographics | Social | Economic | Housing
All places time series population estimates interactive table.

4.2. Component County Characteristics   go top
Updated periodically, annually. General demographics, social characteristics and extended detail Available in subscription edition.

Metropolitan areas are defined as one or more contiguous counties based on a set of demographic-economic criteria. Counties comprising the metro are shown below. For multi-county metros, this section provides insights into how the population is changing by county. Many metros changed geographic composition (counties included in the metro) between the Census 2010 vintage and the current vintage. These changes, if any, are also shown below (county is marked with **). See projections in related section.Click county code link to view county components of change.

  AreaJuly 1
2010
PctJuly 1
2011
PctJuly 1
2012
PctJuly 1
2013
PctJuly 1
2014
PctJuly 1
2015
Pct
Metro Summary ... more details 197,069 100.0 202,628 100.0 202,375 100.0 202,173 100.0 203,483 100.0 204,275 100.0
  Lawrence County (46081) 24,197 12.3 24,335 12.0 24,397 12.1 24,951 12.3 24,717 12.1 24,827 12.2

All counties interactive tables General Demographics | Social | Economic | Housing
All counties population estimates & components of change time series interactive table.

5. Housing Characteristics & Trends go top
Updated monthly, quarterly, annually. Housing market conditions and extended detail Available in subscription edition.

5.1. Total Housing Units
Updated Annually. Independent annual model-based estimates. For more information, detail & to compare areas use interactive table.
  ItemCensus
2010
July 1
2010
July 1
2011
July 1
2012
July 1
2013
July 1
2014
Change
2010-2014
%Change
2010-2014
  Total Housing Units 12,756 12,785 12,914 12,999 13,177 13,347 562 4.40

6. Economic Characteristics & Trends go top

6.1. Economic Profile go top
The Economic Profile shows shows derivation and key components of total personal income. Data are organized by place of residence and place of work. The place of residence profile includes estimates of total personal income, population, and per capita personal income. The place of work profile includes estimates of total earnings, total employment and average earnings per job. Updated annually. See related interactive table.

  Item20112012201320142015Change
2011-2015
%Change
2011-2015
Personal income 942,970 987,440 982,736 1,049,075 1,091,998 149,028 15.8
  Net earnings 1/ 532,989 559,032 559,463 593,225 621,205 88,216 16.6
  Personal current transfer receipts 163,897 165,124 167,645 177,321 183,137 19,240 11.7
    Income maintenance 2/ 12,134 12,125 12,508 12,644 12,389 255 2.1
    Unemployment insurance compensation 1,991 1,661 1,311 1,023 1,008 -983 -49.4
    Retirement and other 149,772 151,338 153,826 163,654 169,740 19,968 13.3
  Dividends, interest, and rent 3/ 246,084 263,284 255,628 278,529 287,656 41,572 16.9
  Population 4/ 24,335 24,397 24,951 24,717 24,827 492 2.0
  Per capita personal income 38,750 40,474 39,387 42,443 43,984 5,234 13.5
  Per capita net earnings 21,902 22,914 22,422 24,001 25,021 3,119 14.2
  Per capita personal current transfer receipts 6,735 6,768 6,719 7,174 7,377 642 9.5
    Per capita income maintenance 499 497 501 512 499 0 0.0
    Per capita unemployment insurance compensation 82 68 53 41 41 -41 -50.0
    Per capita retirement and other 6,155 6,203 6,165 6,621 6,837 682 11.1
  Per capita dividends, interest, and rent 10,112 10,792 10,245 11,269 11,586 1,474 14.6
  Earnings by place of work 517,596 527,583 539,157 574,834 615,332 97,736 18.9
    Wages and salaries 358,076 364,417 374,036 386,928 414,353 56,277 15.7
    Supplements to wages and salaries 93,717 90,946 91,460 99,448 105,387 11,670 12.5
      Employer cont. for empl. pension & insur. funds 6/ 66,461 63,620 63,710 70,304 74,711 8,250 12.4
      Employer cont. for government social insurance 27,256 27,326 27,750 29,144 30,676 3,420 12.5
    Proprietors' income 65,803 72,220 73,661 88,458 95,592 29,789 45.3
      Nonfarm proprietors' income -788 -1,866 -1,828 -116 -693 95...
      Farm proprietors' income 66,591 74,086 75,489 88,574 96,285 29,694 44.6
Total full-time and part-time employment 16,359 16,335 16,667 16,731 17,093 734 4.5
  Wage and salary jobs 12,072 11,982 12,091 12,117 12,349 277 2.3
  Number of proprietors 4,287 4,353 4,576 4,614 4,744 457 10.7
    Number of nonfarm proprietors 7/ 262 262 263 257 253 -9 -3.4
    Number of farm proprietors 4,025 4,091 4,313 4,357 4,491 466 11.6
Average earnings per job (dollars) 31,640 32,298 32,349 34,357 35,999 4,359 13.8
  Average wages and salaries 29,662 30,414 30,935 31,933 33,554 3,892 13.1
  Average nonfarm proprietors' income 16,544 18,110 17,503 20,329 21,440 4,896 29.6
Dollar items are in current dollars (not adjusted for inflation). Per capita items in dollars; other dollar items in thousands of dollars.
See related notes.

6.2. Cost of Living Indexes   go top
Updated periodically. Available in subscription edition.

6.3. Cost of Doing Business Indexes   go top
Updated periodically. Available in subscription edition.

6.4. Consumer Price Index   go top
Updated monthly. Available in subscription edition.

6.5. Gross Domestic Product by Sector   go top
Updated quarterly, annually. For more information, detail & to compare areas use interactive table. Additional detail in subscription edition.

6.6. Establishments, Employment & Earnings by Detailed Type of Business go top
Updated quarterly. For more information, detail & to compare areas use interactive table.

Use the following links to access detailed establishment and employment data by type of business (CSV files).
  .. see notes on using these files.
  2013Q1 .. 2013Q2 .. 2013Q3 .. 2013Q4 .|. 2014Q1 .. 2014Q2 .. 2014Q3 .. 2014Q4 .|. 2015Q1 .. 2015Q2 .. 2015Q3 .. 2015Q4 .. 2016Q1 .. 2016Q2
 
6.7. Labor Market Characteristics & Trends go top
Updated monthly. Available in subscription edition.
For more information, detail & to compare areas use interactive table.
Table shows 13 most recent months.
  ItemAug15Sep15Oct15Nov15Dec15Jan16Feb16Mar16Apr16May16Jun16Jul16Aug16
Unemplymnt Rate 3.0 2.9 2.7 3.0 3.2 3.3 3.6 3.2 3.1 3.1 3.4 2.7 2.9
Unemployment 395 382 354 379 404 423 466 407 395 404 447 361 388
Employment 12,837 12,636 12,540 12,342 12,276 12,238 12,328 12,373 12,202 12,475 12,863 12,923 12,879
Labor Force13,23213,01812,89412,72112,68012,66112,79412,78012,59712,87913,31013,28413,267

7. Education Infrastructure   go top

7.1. Component School District Characteristics   go top
Districts in this metro. Updated periodically. See related School District interactive table.
District NameCity Name District
Code
Locale
Code
CountyState2012-13
Enrollment
2013 Total
Population
Grade Relevant
Pop Ages 5-17
Lead-Deadwood School District 40-1Lead 46413003246081SD 859 6,849 934
Spearfish School District 40-2Spearfish 46669303246081SD 2,086 15,963 2,208

Number of districts: 2 ... Total enrollment: 2,945
All school districts interactive tables General Demographics | Social | Economic | Housing
All school districts enrollment & adminstratively reported data interactive table.

7.2. Component Higher Education Institution Characteristics   go top
2014-15 School Year. Extended detail Available in subscription edition.
  Institution City Name Code LevelTotal UG EnrollmentFulltime UG EnrollmentTotal Grad EnrollmentFulltime Grad Enrollment
Black Hills State University Spearfish, SD2190467 4,020 2,279 469 32

  Number of institutions: 1 ... Total undergraduate enrollment: 4,020
  Levels: 3-Assoc degree, 4-at least 2, but < 4 years, 5-Bach degree, 6-Postbacc cert, 7 Masters degree, 8 Post-masters cert, 9 Doctors degree

8. GeoPolitics   go top
Updated periodically. Voting patterns, citizen voting age population, state legislative districts, congressional districts .. in this metro.
Available in subscription edition.

Notes
  • All data are for current vintage county and metro definition.
  • Developed by ProximityOne -- Metro Reports (888-364-7656)
  • Data sources: ProximityOne, Census Bureau, Bureau of Economic Analysis, Bureau of Labor Statistics, Federal Housing Finance Agency,
    National Center for Education Statistics.

Updates go top
The subscription edition updates frequently. Selected items are listed below. Register to receive update notifications.
  • Overview lead narrative; quarterly & annual/March.
  • Housing Price Index (section 5.4) quarterly.
  • Establishments, employment & earnings (section 6.6) quarterly.
  • Economic profile and personal income (section 6.1) annual/November.
  • Labor market situation (section 6.7) monthly.
  • Residential construction; units authorized & value (section 5.3.) monthly.
  • Population by county; annual series 2010-2016 (section 4.2.) annual/July.
  • Population by county; links for individual counties (section 4.2.) annual/July.
      -- includes annual data 2010-2016.
      -- includes components of change; race/origin; single year of age; age group summaries.
  • Total population and components of change; annual/March.
  • Census tracts overview section; annual/December.
  • General Demographics section updated/extended; annual/December.
  • Gross Domestic Product section; annual/September.
  • Higher education institutions; annual/February.
  • Metro & county demographic component detailed annual estimates; annual/March.
  • School districts in metro & K-12 enrollment; annual/August.
More about schedule and upcoming events ... Calendar ... Upcoming Events ... Find Event

Terms of Use go top
Situation & Outlook Reports are a proprietary resource developed by ProximityOne. There is no warranty of any type associated with any aspect of this report. The user of this document is solely responsible to any use, direct or indirect, that might be made of this document.

Related Resources go top
  • Metros main page
  • Current estimates and projections: states to 2030, counties & metros to 2020 by age, counties & states to 2060.
  • Making Custom Metropolitan Area Maps
  • Rental Market Conditions by Metropolitan Area
  • Metro Gross Domestic Product
  • Housing Price Index
  • Establishments, Employment & Earnings
  • Regional Economic Information System
  • ACS 2014 1-year General Demographics ... Social Characteristics ... Economic Characteristics ... Housing Characteristics

Using this Document go top
The Situation & Outlook Report, a component of the Situation & Outlook, is a core ProximityOne information resource providing insights into characteristics and trends of counties, metropolitan areas, states and the U.S. The Report also provides a gateway to drill-down demographic, economic and business data for smaller geographic areas.

Metropolitan areas include approximately 94 percent of the U.S. population -- 85 percent in metropolitan statistical areas (MSAs) and 9 percent in micropolitan statistical areas (MISAs).

About Metropolitan Areas & Principal Cities -- scroll section go top
Metropolitan Areas are designated by OMB ("Standards for Delineating Metropolitan and Micropolitan Statistical Areas") based mainly on Census Bureau-sourced data. Metropolitan areas are defined as Metropolitan Statistical Areas (MSA) and Micropolitan Statistical Areas (MISA). MSAs and MISAs are also referred to a Core-Based Statistical Areas (CBSAs). Contiguous CBSAs are defined as Combined Statistical Areas (CSA).

By definition, metropolitan areas are comprised of one or more contiguous counties. Metropolitan areas are not single cities and typically include many cities. Metropolitan areas are comprised of urban and rural areas and often have large expanses of rural territory. A business and demographic-economic synergy exists within each metro; metros often interact with adjacent metros. The demographic-economic make-up of metros vary widely and change often. See more about metros.

Principal Cities. The largest city in each metropolitan or micropolitan statistical area is designated a "principal city." Principal cities are designated by OMB based on Census-sourced data. Additional cities qualify as principal cities if specified requirements are met concerning population size and employment. The title of each metropolitan or micropolitan statistical area consists of the names of up to three of its principal cities and the name of each state into which the metropolitan or micropolitan statistical area extends. Titles of metropolitan divisions also typically are based on principal city names but in certain cases consist of county names.

One or more principal cities are designated within each Metropolitan Statistical Area (MSA) and Micropolitan Statistical Area (MISA). The term "principal city" is defined in the OMB "Standards for Delineating Metropolitan and Micropolitan Statistical Areas." A principal city is an OMB designation applied to one or more incorporated places and/or census designated places (CDPs). The OMB standards designate a Principal City (or Cities) of a Core-Based Statistical Area (CBSA) as determined by:
  a) The largest incorporated place with a 2010 Census population of at least 10,000 in the CBSA or,
        if no incorporated place of at least 10,000 population is present in the CBSA,
        the largest incorporated place or census designated place in the CBSA; and
  b) Additional places with 2010 Census population of at least 250,000 or in which 100,000 or more persons work; and
  c) Additional places with 2010 Census population of 50,000-250,000,
        and number of workers working in the place meets or exceeds the number of workers living in the place; and
  d) Additional places with 2010 Census population of 10,000-50,000, and at least one-third the population size of the largest place,
        and in which the number of workers working in the place meets or exceeds the number of workers living in the place.

ProximityOne User Group go top
Join the ProximityOne User Group to keep up-to-date with new developments relating to metros and component geography decision-making information resources. Receive updates and access to tools and resources available only to members. Use this form to join the User Group.

Support Using these Resources go top
Learn more about accessing and using demographic-economic data and related analytical tools. Join us in a Data Analytics Lab session. There is no fee for these one-hour Web sessions. Each informal session is focused on a specific topic. The open structure also provides for Q&A and discussion of application issues of interest to participants.

Additional Information go top
ProximityOne develops geographic-demographic-economic data and analytical tools and helps organizations knit together and use diverse data in a decision-making and analytical framework. We develop custom demographic/economic estimates and projections, develop geographic and geocoded address files, and assist with impact and geospatial analyses. Wide-ranging organizations use our tools (software, data, methodologies) to analyze their own data integrated with other data. Follow ProximityOne on Twitter at www.twitter.com/proximityone. Contact us (888-364-7656) with questions about data covered in this section or to discuss custom estimates, projections or analyses for your areas of interest.

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