Fact text

  • In the 1890s, Sioux Falls was nicknamed the 'Divorce Colony' because it had some of the nation's most permissive divorce laws.
  • Citibank relocated its entire credit card center from New York City to Sioux Falls in 1981 to take advantage of relaxed state usury laws.
  • The cascading falls at the heart of the city were carved out by the last ice age roughly 14,000 years ago.
  • A severe plague of grasshoppers helped crash a booming 1880s growth spurt, leaving the city with a net gain of just 89 people over an entire decade.
Your
Sioux Falls
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
Stat icon
180927
+
Total Population
Stat icon
$
61738
Median Income
Stat icon
$
205100
Median Home
Stat icon
13
%
Age 65+
Retirement Suitability
How
Sioux Falls
ranks for retirees?
48
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
8
Affordability
65
Healthcare
95
Climate
3

Results

Sioux Falls

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

South Dakota levies no state income tax, so Social Security, pension payments, and IRA or 401(k) withdrawals are all free of state-level taxation.

State sales tax here runs about

%.

Source · Tax Foundation
8
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
65

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
65
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
95

The area has

4

Medicare-certified hospitals, averaging a

5

/5 CMS quality rating.

Source · CMS Hospital Compare
5
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
3

A

Cold / Snowy

climate — summers peak near

82

°F, winters dip to about

9

°F, with roughly

45

″ of snow a year.

Source · NOAA Climate Normals
Cold / Snowy
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively Moderate

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively Moderate

Keep Learning

Free retirement education from Annuities.net — no signup required.

Retirement Planning

Empower Your Retirement Planning: How Free Annuity Quotes Can Guide Your Strategy

Free annuity quotes help you compare rates, understand options, and build a secure retirement plan. Use unbiased resources like Annuities.net to make informed decisions and ensure steady lifetime income.

Read more

Investing

Why Independent Annuity Guidance Makes a Difference for Your Nest Egg

Independent, unbiased annuity guidance helps protect your nest egg by offering clear, conflict-free advice. Use free quotes from Annuities.net to make informed retirement planning decisions.

Read more

Retirement Planning

Unlock Your Retirement Potential: Why Independent Financial Advice Matters

Independent financial advice is crucial for unbiased, personalized retirement planning. Annuities.net offers free, transparent annuity quotes and expert guidance to secure steady income and financial peace of mind.

Read more

Hosted by Michael McMillan, President of Annuities.net
More videos on our channel →

Ready to Secure Your Retirement Future?

Join thousands of Americans who've taken control of their retirement planning with expert guidance and proven strategies.

Schedule Free Consultation