Marcia Hultman

Cabinet Secretary

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Labor Market Information Center

2024 Annual Report

Quarterly Census of Employment and Wages

 

Covered Workers & Annual Pay by Establishment Size

Establishment size data provides a comparison of the number of small and large businesses in South Dakota. The average number of workers at the worksite location determines establishment size. A worksite is generally defined as a single physical location at which predominantly one type of economic activity is conducted.

Graph A displays the number of South Dakota establishments by establishment size. This chart shows small businesses are predominate in South Dakota. During 2024 the 0-9 workers size class had the largest number of establishments, accounting for 80.4% of all establishments.

Chart A - Number of Establishments by Establishment Size in 2023

The distribution of employees by establishment size shows a different picture than the distribution of establishments. Smaller businesses have a much smaller slice of the pie. Graph B indicates that smaller businesses (fewer than 10 workers) employed only 20.0% of the covered workers in South Dakota in 2024. The number of workers is evenly dispersed among the establishment size groups.

Chart B - Distribution of Employees by Establishment Size in 2023


Covered Workers & Annual Pay by Establishment Size and Industry


Number of Private Establishments, Workers and Pay
By Establishment Size and By Supersector
2024
Supersector 0-9 10-19 20-49 50-99 100-249 250-499 500+
Natural Resources and Mining
Establishments 1,183 104 62 17 2 0 0
Workers 3,516 1,475 1,818 1,134 292 0 0
Annual Pay $48,413 $56,354 $59,279 $70,370 $62,801 $0 $0
Construction
Establishments 3,979 370 232 56 29 0 0
Workers 9,698 4,992 6,792 3,602 3,888 0 0
Annual Pay $52,627 $64,071 $75,090 $83,249 $81,434 $0 $0
Manufacturing
Establishments 559 165 188 78 58 27 11
Workers 1,828 2,243 6,231 5,410 9,492 8,814 11,068
Annual Pay $46,365 $54,092 $64,490 $65,892 $62,400 $69,318 $62,479
Trade, Transportation, and Utilities
Establishments 6,644 1,291 726 202 61 26 2
Workers 18,831 17,334 21,234 13,657 8,910 9,119 2,756
Annual Pay $56,751 $49,327 $57,575 $56,830 $52,403 $36,036 $40,538
Information
Establishments 895 55 40 9 3 1 1
Workers 1,313 774 1,157 586 388 * *
Annual Pay $81,986 $65,930 $52,782 $62,347 $85,667 * *
Financial Activities
Establishments 3,834 250 136 35 22 7 4
Workers 8,437 3,332 3,940 2,417 3,436 2,426 2,987
Annual Pay $73,148 $80,637 $96,835 $93,774 $90,415 $82,072 $90,996
Professional and Business Services
Establishments 8,418 409 247 59 28 5 2
Workers 13,142 5,512 7,260 4,209 4,084 1,467 1,620
Annual Pay $81,902 $65,618 $70,715 $77,076 $76,451 $113,078 $112,361
Education and Health Services
Establishments 2,578 464 360 134 70 25 11
Workers 6,315 6,308 11,038 9,307 10,272 8,117 22,990
Annual Pay $51,819 $49,664 $51,939 $53,202 $59,408 $64,072 $88,737
Leisure and Hospitality Services
Establishments 2,017 718 647 137 30 3 0
Workers 7,216 9,991 18,897 9,127 4,209 892 0
Annual Pay $22,149 $20,886 $23,446 $24,795 $29,123 $32,503 $0
Other Services
Establishments 2,392 236 62 13 7 * 0
Workers 5,995 3,114 1,781 876 1,079 * 0
Annual Pay $45,530 $47,836 $49,247 $36,231 $40,460 * $0
Total Private Ownership
Establishments 32,499 4,062 2,700 740 310 97 31
Workers 76,292 55,074 80,149 50,325 46,051 32,016 42,034
Annual Pay $57,610 $49,599 $53,678 $56,693 $61,383 $61,273 $79,449

*Data was suppressed to prevent disclosure of confidential information.
Data subject to revision.
Produced by the Labor Market Information Center, South Dakota Department of Labor and Regulation, in cooperation with the U.S. Bureau of Labor Statistics.

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