Palavir · State of US Industries, 2026 Edition
State of Finance and Insurance in South Dakota, 2026 Edition
NAICS 52
May 28, 2026
1. Market sizing (2022)
Establishments
2,090
Employees
25,102
Annual payroll
$1.99B
2. National context
South Dakota accounts for 0.43% of the 480,546 US establishments in this sector and ranks 40th out of 51 reporting states.
3. Workforce wages
SD avg annual wage
$79,426
US avg annual wage
$123,705
South Dakota sector wages are -35.8% versus the national average for NAICS 52.
4. Federal exclusion overlay (state-wide)
OIG LEIE individuals + entities
238
SAM debarred/excluded
316
Exclusion counts are state-wide across all NAICS, not specific to Finance and Insurance. Sourced from OIG LEIE and SAM exclusion lists, as of 2026-05-27.
5. Top 3 counties by establishment count
| Rank | County | Establishments | Employees |
|---|---|---|---|
| #1 | Minnehaha County | 417 | 10,069 |
| #2 | Lincoln County | 235 | 3,243 |
| #3 | Pennington County | 228 | 1,880 |
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