Rapid City, MI

Rapid City is a small town in the Black Hills of South Dakota. It was founded in 1876 and became a boomtown with the discovery of gold in the hills. Rapid City's economy has been based on mining, ranching, tourism, and real estate. The city has seen its share of ups and downs over the years but it remains an important part of South Dakota's economy.

Rapid City is located in southwestern South Dakota at an elevation of 6,000 feet above sea level. The city is bordered by the Black Hills National Forest to the east and northeast, by Mount Rushmore National Monument to the south, and by Keystone Lake to the west. Rapid City has a population of just over 50,000 people and covers an area of just over 20 square miles.

The city's economy is based on mining (gold), ranching (buffalo), tourism (the attractions around Rapid City), and real estate (the many homes built in Rapid City). Mining played a major role in Rapid City's early history as it was one of the first places where gold was discovered in South Dakota. Today mining still plays an important role in the city's economy as there are several mines still operating within its boundaries. However, mining now accounts for only about 10% of Rapid City's total GDP. Ranching continues to be an important part of Rapid City's economy as it provides jobs for many residents and generates revenue for local businesses. Tourism also plays a significant role in Rapid City's economy as visitors come to see attractions like Mount Rushmore National Monument, Keystone Lake, and Bear Butte State Park. Finally, real estate continues to be one of the most important sectors of RapidCity's economy as home construction remains strong throughout much of the country. In fact, according to Zillow®, home prices have increased more than 30% since 2007 which makes it one of America’s fastest-growing cities overall