The recently rejuvenated Whitewood Chamber of Commerce promotes the community as an attractive, centrally-located Black Hills residential option. With more than 70 members, the chamber also coordinates annual community celebrations and advances business development. Members are hopeful that commercial development will take form on lots adjacent to the Interstate.
Gross Sales Revenue
Business in Lawrence County did over 1.13 billion dollars in gross sales in 2016, as reported by the South Dakota Department of Revenue. That sum represented 1.7 percent share of the state total. Below is a chart detailing the gross sales trends by sector for the community of Whitewood covering the period from May 2012 to April 2013 according to the South Dakota Department of Revenue.
Employment & Workforce
The largest employment industries are healthcare & social assistance, manufacturing, and retail trade. Supervisor is the most common job description in Whitewood, according to the census bureau.
Whitewood has a relatively high unemployment rate of 6.3 percent, much larger than the South Dakota average of 4.7 percent, but less than the national average of 7.9 percent.
Income & Wages
The median household income of Whitewood was $41,786, below both median household incomes of Lawrence County at $51,553 and South Dakota at $55,775.
The median income of people 65+ in Lawrence County was at $32,207 but still below the state median of $37,896 and the national median of $40,971.
For more data on the economies of South Dakota and the Black Hills, please check out our interactive graphs and charts on the South Dakota Dashboard.