Rapid City's Economy
South Dakota enjoys a balanced, healthy economy. There is no corporate income tax, no personal income tax, no personal property tax, no investor's tax and no tax for new improvements for manufacturers and industrial builders plus there is a progressive and helpful economic development partnership. In 2005, Forbes Magazine listed Rapid City as the 6th best small metropolitan area in the United States for starting a business or career. In addition, Rapid City was ranked 100th among 313 metropolitan statistical areas for economic strength over the past 25 years. Gross sales in Rapid City in 2005 were $4,341,746,620, not to mention the sales in the rest of the area. For more information on Rapid City's economy, check out
www.rapidcitychamber.com (Business & Development).