Brookings, SD is an excellent place to live, boasting a small-town atmosphere with plenty of amenities. The city is home to several businesses such as Daktronics, 3M, and Raven Industries. It also has many restaurants and shops for those looking for more than just a small town feel. The cost of living is affordable in Brookings; with 2 bedroom rent averaging $870 compared to the US average of $1,430, and a grocery cost index of 101 versus 100 in the US. Living in Brookings can provide residents with a comfortable lifestyle at a great price.
Brookings has an unemployment rate of 3.1%. The US average is 6.0%.
Brookings has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Brookings
- The Sales Tax Rate for Brookings is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Brookings is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Brookings
- The average income of a Brookings resident is $21,786 a year. The US average is $28,555 a year.
- The Median household income of a Brookings resident is $54,676 a year. The US average is $69,021 a year.