Top States for Business

44. South Dakota

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South Dakota Score and Ranking

CATEGORY 2026 SCORE 2026 RANK 2025 RANK 2026 GRADE
INFRASTRUCTURE1784431D
ECONOMY1684536D-
WORKFORCE1354747F
QUALITY OF LIFE1383329C-
COST OF DOING BUSINESS1701416B
TECHNOLOGY & INNOVATION535049F
BUSINESS FRIENDLINESS16932A-
ACCESS TO CAPITAL204628F
EDUCATION482835C
COST OF LIVING38316A
OVERALL11174435

Economic Profile

Governor: Larry Rhoden, Republican

Population: 935,094

GDP growth (Q1 2026): -1.60%

Unemployment rate (May 2026): 2.10%

Top corporate tax rate: None

Top individual income tax rate: None

Gasoline tax: 48.40 cents/gallon

Bond rating (Moody's/S&P): Aaa, Stable/AAA, Stable

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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