Sioux Falls, South Dakota, saw its population grow by an estimated 5,697 people in 2024, bringing the total to 219,588—a 2.66% increase. This growth comes alongside a record-breaking year in construction, with building permit valuations surpassing $1 billion. The city issued 6,183 permits, with a total valuation of $1,076,691,818.

Mayor Paul TenHaken expressed confidence in the city's continued strength, saying, “Despite some of the ebbs and flows of the economy, the numbers indicate Sioux Falls is in a strong position. Our community remains a place where people want to invest and raise their families.”

In 2024, residential construction saw a boost, particularly single-family housing, which saw a 26% increase in new units from the previous year. Townhouse and multifamily unit permits held steady, with some fluctuations in their totals. The year also saw 14 projects exceed $10 million in value, with the highest being the $71 million One Stop project.

Kevin Smith, Assistant Director of Planning and Development Services, commented, “Sioux Falls is growing in a steady, balanced way, and that is in great part because of our public and private partners who drive and respond to growth, and the planning our community did decades ago that we are reaping the benefits of today.”

Looking ahead to 2025, the city plans to continue investing in strategic growth to build on the momentum from 2024.