Rapid City, South Dakota BoomTown Score & Growth Data (2026)

Q: Is Rapid City a good place to invest in real estate?

Rapid City has a BoomTown Score of 40/100 (Emerging).

Q: Is Rapid City growing fast?

Rapid City has 0.35% population growth year-over-year.

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36

Population Growth

+0.35%

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26

Building Permits

-1.7%

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53

Job Growth

+2.89%

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47

Net Migration

+667

What's Driving Growth in Rapid City

Rapid City is an emerging market worth watching. With a BoomTown Score of 40/100, early indicators suggest this South Dakota city could be on the verge of a growth spurt. The most promising signal is job growth (+2.89% employment growth). Watch this space - cities at this stage often accelerate quickly once a tipping point is reached.