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Loan Brokers in South Dakota

Author.Name IBISWorld United States Last Updated: August 2025 NAICS SD52231

Loan Brokers in South Dakota industry analysis

The Loan Brokers industry in South Dakota is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments stagnated an annualized x% to xx locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Loan Brokers in South Dakota Market Research Report

What’s Included in the Loan Brokers in South Dakota Market Research Report

Definition of the Loan Brokers in South Dakota?

This industry comprises brokers who arrange loans, especially mortgages, by bringing borrowers and lenders together on a commission or fee basis. Since loan brokers generate revenue through commission or on a fee basis, the increase in loan originations contributed to revenue generation and profit.

What’s included in the Loan Brokers in South Dakota?

The Loan Brokers in South Dakota includes brokering residential mortgages, brokering commercial and industrial mortgages, brokering home equity loans, brokering equipment financing arrangements and brokering vehicle loans. Related terms covered in the Loan Brokers in South Dakota industry report includes a category of mortgages that have a risk potential greater than prime, but less than subprime, a loan that has a fixed rate for a certain period of years until the rate becomes adjustable for the remainder of the loan, a loan where the borrower can qualify with no income, no job and no assets and the creation of a new mortgage that involves a range of necessary legal papers and placement of the mortgage on the lender's books.

Industry Performance of the Loan Brokers industry in South Dakota

Benchmark the Loan Brokers in South Dakota industry performance with all SD county and national performance.

Loan Brokers in South Dakota

#50 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Loan Brokers in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Loan Brokers industry in South Dakota

See how key industry drivers, such as population, median houshold income, new business formation, house price index, 30-year conventional mortgage rate and per capita disposable income are impacting Loan Brokers in South Dakota

South Dakota Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in SD State Economic profile

US Key External Drivers

House price index
30-year conventional mortgage rate
Per capita disposable income

For the full list of industry drivers, see report purchase options.

County Data of the Loan Brokers industry in South Dakota

Access proprietary data on county in the Loan Brokers in South Dakota, such as Lincoln County, Pennington County and Minnehaha County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Loan Brokers industry in South Dakota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Loan Brokers industry in South Dakota in 2025?

The market size of the Loan Brokers industry in South Dakota is $4.2m in 2025.

How many businesses are there in the Loan Brokers industry in South Dakota in 2025?

There are 12 businesses in the Loan Brokers industry in South Dakota, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Loan Brokers industry in South Dakota grown or declined over the past 5 years?

The market size of the Loan Brokers industry in South Dakota has been declining at an average annual rate of -26.6% from 2020 to 2025.

How many employees in the Loan Brokers industry in South Dakota in 2025?

There are 41 employees in the Loan Brokers industry in South Dakota, which has been declining at an average annual rate of -14.4% from 2020 to 2025.