Foreclosures in South Dakota increased in 2009 over the prior year. There was a total of 765 properties with foreclosure filings. That works out to a rate of one filing for every 467 households, which compares to the United States average of 45, and is about one fifth of one percent of the state's housing units.
South Dakota is the 46th largest U.S. state by population, with 812,383 people (in 2008). Its 77,116 square miles make it the 17th largest state by area. Median household income in 2008 was $46,032.
South Dakota has one of the nation's lowest gross state products, but this partially offset by one of the lowest unemployment rates. The state's economy relies heavily on agriculture, although its efforts to diversify the economy have led to increasing corporate representation from companies such as Citibank, which uses South Dakota as a base for its national operations. Tourism is strong in the state particularly in the Black Hills mountains and Mount Rushmore.
