Business Opportunities in Sioux Falls, SD-MN

Data-driven insights using Gap Ratio analysis to identify underserved markets

Population

0.3M

High Demand

Moderate Demand

High Confidence

📊 How Gap Ratio Works

Gap Ratio = National Density / Local Density. Higher ratios indicate underserved markets. A ratio of 2.0x means this area has 50% fewer businesses per capita than the national average.

≥1.5x High Demand

1.1-1.5x Moderate

0.9-1.1x Balanced

<0.9x Saturated

Top Opportunities (Sorted by Gap Ratio)

Escrow Services

Other Activities Related to Real Estate

High Confidence

3.5xGap Ratio

72% fewer businesses than national average

High Demand

Property ManagementReal Estate Appraisal

Local Density

0.14/10k

National Avg

0.50/10k

Local Businesses

NAICS Code

53139

Escrow Services

Other Activities Related to Real Estate

High Confidence

3.5xGap Ratio

72% fewer businesses than national average

High Demand

Property ManagementReal Estate Appraisal

Local Density

0.14/10k

National Avg

0.50/10k

Local Businesses

NAICS Code

531390

Other Services to Buildings and Dwellings Business

Other Services to Buildings and Dwellings

High Confidence

2.2xGap Ratio

54% fewer businesses than national average

High Demand

Other Services to Buildings and Dwellings ServiceProfessional Other

Local Density

0.14/10k

National Avg

0.31/10k

Local Businesses

NAICS Code

56179

Building exterior cleaning services (except sandblasting

Other Services to Buildings and Dwellings

High Confidence

2.2xGap Ratio

54% fewer businesses than national average

High Demand

Local Density

0.14/10k

National Avg

0.31/10k

Local Businesses

NAICS Code

561790

All Other Professional, Scientific, and Technical Services Business

All Other Professional, Scientific, and Technical Services

High Confidence

2.1xGap Ratio

53% fewer businesses than national average

High Demand

All Other Professional, Scientific, and Technical Services ServiceProfessional All

Local Density

0.25/10k

National Avg

0.53/10k

Local Businesses

NAICS Code

54199

Appraisal (except real estate) services Marine surveyor (i

All Other Professional, Scientific, and Technical Services

High Confidence

2.1xGap Ratio

53% fewer businesses than national average

High Demand

Local Density

0.25/10k

National Avg

0.53/10k

Local Businesses

NAICS Code

541990

Cargo Transport

General Freight Trucking, Local

High Confidence

1.6xGap Ratio

39% fewer businesses than national average

High Demand

Delivery ServiceFreight Hauling

Local Density

0.65/10k

National Avg

1.05/10k

Local Businesses

NAICS Code

48411

Cargo Transport

General Freight Trucking, Local

High Confidence

1.6xGap Ratio

39% fewer businesses than national average

High Demand

Delivery ServiceFreight Hauling

Local Density

0.65/10k

National Avg

1.05/10k

Local Businesses

NAICS Code

484110

Performing Arts Companies Business

Performing Arts Companies

1.6xGap Ratio

38% fewer businesses than national average

High Demand

Performing Arts Companies ServiceProfessional Performing

Local Density

0.11/10k

National Avg

0.17/10k

Local Businesses

NAICS Code

7111

Other Computer Related Services Business

Other Computer Related Services

High Confidence

1.6xGap Ratio

38% fewer businesses than national average

High Demand

Other Computer Related Services ServiceProfessional Other

Local Density

0.14/10k

National Avg

0.23/10k

Local Businesses

NAICS Code

541519

Creative Professional

Independent Artists, Writers, and Performers

High Confidence

1.6xGap Ratio

37% fewer businesses than national average

High Demand

Freelance ArtistIndependent Writer

Local Density

0.61/10k

National Avg

0.97/10k

Local Businesses

NAICS Code

7115

Creative Professional

Independent Artists, Writers, and Performers

High Confidence

1.6xGap Ratio

37% fewer businesses than national average

High Demand

Freelance ArtistIndependent Writer

Local Density

0.61/10k

National Avg

0.97/10k

Local Businesses

NAICS Code

71151

commercial

Independent Artists, Writers, and Performers

High Confidence

1.6xGap Ratio

37% fewer businesses than national average

High Demand

Local Density

0.61/10k

National Avg

0.97/10k

Local Businesses

NAICS Code

711510

manicures

Nail Salons

1.5xGap Ratio

35% fewer businesses than national average

High Demand

nail extensionspedicures

Local Density

0.57/10k

National Avg

0.88/10k

Local Businesses

NAICS Code

812113

Professional Specialized

Specialized Design Services

High Confidence

1.5xGap Ratio

32% fewer businesses than national average

Moderate Demand

Specialized Design Services BusinessSpecialized Design Services Service

Local Density

0.65/10k

National Avg

0.95/10k

Local Businesses

NAICS Code

5414

Nonresidential Property Managers Business

Nonresidential Property Managers

1.4xGap Ratio

31% fewer businesses than national average

Moderate Demand

Nonresidential Property Managers ServiceProfessional Nonresidential

Local Density

0.25/10k

National Avg

0.37/10k

Local Businesses

NAICS Code

531312

hospitals or HMO medical centers

Offices of All Other Health Practitioners

High Confidence

1.4xGap Ratio

28% fewer businesses than national average

Moderate Demand

Local Density

0.79/10k

National Avg

1.09/10k

Local Businesses

NAICS Code

62139

offices of notaries

Legal Services

1.4xGap Ratio

27% fewer businesses than national average

Moderate Demand

paralegal servicesthose offered by offices of lawyers

Local Density

3.84/10k

National Avg

5.29/10k

Local Businesses

107

NAICS Code

5411

Computer Systems Design Services Business

Computer Systems Design Services

High Confidence

1.4xGap Ratio

27% fewer businesses than national average

Moderate Demand

Computer Systems Design Services ServiceProfessional Computer

Local Density

1.08/10k

National Avg

1.48/10k

Local Businesses

NAICS Code

541512

Concierge Service

All Other Personal Services

High Confidence

1.4xGap Ratio

26% fewer businesses than national average

Moderate Demand

Errand ServicePersonal Shopper

Local Density

0.40/10k

National Avg

0.53/10k

Local Businesses

NAICS Code

81299

Concierge Service

All Other Personal Services

High Confidence

1.4xGap Ratio

26% fewer businesses than national average

Moderate Demand

Errand ServicePersonal Shopper

Local Density

0.40/10k

National Avg

0.53/10k

Local Businesses

NAICS Code

812990

Motion Picture and Video Industries Business

Motion Picture and Video Industries

High Confidence

1.3xGap Ratio

25% fewer businesses than national average

Moderate Demand

Motion Picture and Video Industries ServiceProfessional Motion

Local Density

0.43/10k

National Avg

0.57/10k

Local Businesses

NAICS Code

5121

hospitals or HMO medical centers

Offices of All Other Miscellaneous Health Practitioners

High Confidence

1.3xGap Ratio

21% fewer businesses than national average

Moderate Demand

Local Density

0.68/10k

National Avg

0.86/10k

Local Businesses

NAICS Code

621399

Automotive detail shops Mobile car and truck washes Car washes Self-service car washes

Car Washes

1.3xGap Ratio

21% fewer businesses than national average

Moderate Demand

passenger carstrailers

Local Density

0.29/10k

National Avg

0.36/10k

Local Businesses

NAICS Code

811192

Professional Tax

Tax Preparation Services

1.3xGap Ratio

20% fewer businesses than national average

Moderate Demand

Tax Preparation Services BusinessTax Preparation Services Service

Local Density

0.50/10k

National Avg

0.63/10k

Local Businesses

NAICS Code

541213

Computer Systems Design and Related Services Business

Computer Systems Design and Related Services

High Confidence

1.2xGap Ratio

19% fewer businesses than national average

Moderate Demand

Computer Systems Design and Related Services ServiceProfessional Computer

Local Density

3.23/10k

National Avg

4.02/10k

Local Businesses

NAICS Code

5415

Computer Systems Design and Related Services Business

Computer Systems Design and Related Services

High Confidence

1.2xGap Ratio

19% fewer businesses than national average

Moderate Demand

Computer Systems Design and Related Services ServiceProfessional Computer

Local Density

3.23/10k

National Avg

4.02/10k

Local Businesses

NAICS Code

54151

Offices of Physical, Occupational and Speech Therapists, and Audiologists Business

Offices of Physical, Occupational and Speech Therapists, and Audiologists

1.2xGap Ratio

19% fewer businesses than national average

Moderate Demand

Offices of Physical, Occupational and Speech Therapists, and Audiologists ServiceProfessional Offices

Local Density

1.08/10k

National Avg

1.34/10k

Local Businesses

NAICS Code

62134

Audiologists' offices Recreational (e

Offices of Physical, Occupational and Speech Therapists, and Audiologists

1.2xGap Ratio

19% fewer businesses than national average

Moderate Demand

hospitals or HMO medical centers

Local Density

1.08/10k

National Avg

1.34/10k

Local Businesses

NAICS Code

621340

Barber shops Hair stylist shops Beauty salons Nail salons Cosmetology salons Cross-References

Hair, Nail, and Skin Care Services

1.2xGap Ratio

17% fewer businesses than national average

Moderate Demand

Local Density

3.02/10k

National Avg

3.66/10k

Local Businesses

NAICS Code

81211

Concierge Service

Other Personal Services

1.2xGap Ratio

15% fewer businesses than national average

Moderate Demand

Errand ServicePersonal Shopper

Local Density

1.40/10k

National Avg

1.64/10k

Local Businesses

NAICS Code

8129

Escrow Services

Activities Related to Real Estate

High Confidence

1.1xGap Ratio

13% fewer businesses than national average

Moderate Demand

Property ManagementReal Estate Appraisal

Local Density

2.80/10k

National Avg

3.21/10k

Local Businesses

NAICS Code

5313

Architect

Architectural Services

1.1xGap Ratio

13% fewer businesses than national average

Moderate Demand

Architecture FirmBuilding Design

Local Density

0.47/10k

National Avg

0.54/10k

Local Businesses

NAICS Code

54131

Architect

Architectural Services

1.1xGap Ratio

13% fewer businesses than national average

Moderate Demand

Architecture FirmBuilding Design

Local Density

0.47/10k

National Avg

0.54/10k

Local Businesses

NAICS Code

541310

Professional Residential

Residential Property Managers

1.1xGap Ratio

12% fewer businesses than national average

Moderate Demand

Residential Property Managers BusinessResidential Property Managers Service

Local Density

1.44/10k

National Avg

1.62/10k

Local Businesses

NAICS Code

531311

Other Support Services Business

Other Support Services

1.1xGap Ratio

12% fewer businesses than national average

Moderate Demand

Other Support Services ServiceProfessional Other

Local Density

0.32/10k

National Avg

0.37/10k

Local Businesses

NAICS Code

5619

collecting rents and overseeing other services (e

Real Estate Property Managers

1.1xGap Ratio

11% fewer businesses than national average

Moderate Demand

such as collecting rents and overseeing other services (e

Local Density

1.94/10k

National Avg

2.16/10k

Local Businesses

NAICS Code

53131

Other Professional, Scientific, and Technical Services Business

Other Professional, Scientific, and Technical Services

1.1xGap Ratio

11% fewer businesses than national average

Moderate Demand

Other Professional, Scientific, and Technical Services ServiceProfessional Other

Local Density

1.98/10k

National Avg

2.20/10k

Local Businesses

NAICS Code

5419

Custom Computer Programming Services Business

Custom Computer Programming Services

High Confidence

1.1xGap Ratio

10% fewer businesses than national average

Moderate Demand

Custom Computer Programming Services ServiceProfessional Custom

Local Density

1.62/10k

National Avg

1.80/10k

Local Businesses

NAICS Code

541511

Fix-It Service

Personal and Household Goods Repair and Maintenance

High Confidence

1.1xGap Ratio

7% fewer businesses than national average

Balanced

Maintenance ShopRepair Service

Local Density

0.40/10k

National Avg

0.42/10k

Local Businesses

NAICS Code

8114

Barbershop

Beauty Salons

1.0xGap Ratio

3% fewer businesses than national average

Balanced

Beauty SalonHair Salon

Local Density

2.30/10k

National Avg

2.36/10k

Local Businesses

NAICS Code

812112

Business Consultant

Management, Scientific, and Technical Consulting Services

High Confidence

1.0xGap Ratio

0% more businesses than national average

Balanced

Corporate AdvisorManagement Consulting

Local Density

6.43/10k

National Avg

6.43/10k

Local Businesses

179

NAICS Code

5416

Professional Travel

Travel Arrangement and Reservation Services

High Confidence

1.0xGap Ratio

1% more businesses than national average

Balanced

Travel Arrangement and Reservation Services BusinessTravel Arrangement and Reservation Services Service

Local Density

0.29/10k

National Avg

0.28/10k

Local Businesses

NAICS Code

5615

Automotive body shops Automotive paint shops Automotive glass shops Restoration shops

Automotive Body, Paint, Interior, and Glass Repair

1.0xGap Ratio

2% more businesses than national average

Balanced

antique and classic automotive Cross-References

Local Density

1.01/10k

National Avg

0.98/10k

Local Businesses

NAICS Code

81112

Accountant

Accounting, Tax Preparation, Bookkeeping, and Payroll Services

1.0xGap Ratio

4% more businesses than national average

Balanced

Bookkeeping ServiceCPA

Local Density

4.06/10k

National Avg

3.88/10k

Local Businesses

113

NAICS Code

5412

auditing of accounting records

Accounting, Tax Preparation, Bookkeeping, and Payroll Services

1.0xGap Ratio

4% more businesses than national average

Balanced

billingbookkeeping

Local Density

4.06/10k

National Avg

3.88/10k

Local Businesses

113

NAICS Code

54121

building inspection services

Architectural, Engineering, and Related Services

1.0xGap Ratio

4% more businesses than national average

Balanced

drafting servicesgeophysical surveying and mapping services

Local Density

3.38/10k

National Avg

3.24/10k

Local Businesses

NAICS Code

5413

barber and beauty shops

Personal Care Services

1.0xGap Ratio

4% more businesses than national average

Balanced

that provide appearance care services to individual consumers

Local Density

4.89/10k

National Avg

4.69/10k

Local Businesses

136

NAICS Code

8121

Accountant

Other Accounting Services

High Confidence

0.9xGap Ratio

8% more businesses than national average

Balanced

Bookkeeping ServiceCPA

Local Density

1.26/10k

National Avg

1.17/10k

Local Businesses

NAICS Code

541219

Exterminating and Pest Control Services Business

Exterminating and Pest Control Services

0.9xGap Ratio

8% more businesses than national average

Balanced

Exterminating and Pest Control Services ServiceProfessional Exterminating

Local Density

0.29/10k

National Avg

0.27/10k

Local Businesses

NAICS Code

56171

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