Sioux Falls, SD · South Dakota

Lincoln County

68,286 residents240 permits TTM$96,552 median HHI9 ZIP codesUpdated April 28, 2026
Investor first look

Median home value

$323,500

ACS 5-Year

Cap rate proxy

4.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

15.4%

HUD FMR ÷ ACS HHI

Net migration

+3.70%

IRS SOI

Permits (TTM)

240

Census BPS

Climate risk

63.0

FEMA NRI (0–100)

ZIP code breakdown9 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
570135.1%
570775.0%
570394.7%
570044.6%
570274.6%

Ranked by composite score

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Demographics

Owner-occupied

72.0%

Census ACS

Vacancy rate

3.3%

Census ACS

Bachelor's degree +

42.5%

Census ACS

Rent burdened

36.2%

Census ACS (>30% income)

Median age

35.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026