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Economy in Martin, South Dakota

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyMartin, SDUnited States
Unemployment Rate6.60%9.10%
Recent Job Growth5.49%-0.12%
Future Job Growth44.38%31.25%
Sales Taxes6.00%6.80%
Income Taxes0.00%6.25%
Income per Cap.$15,469$27,067
Household Income$38,486$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K19.18%12.10%
Income between 15K and 25K15.41%10.18%
Income between 25K and 35K11.64%10.56%
Income between 35K and 50K16.67%14.98%
Income between 50K and 75K19.18%19.53%
Income between 75K and 100K8.18%12.52%
Income between 100K and 150K7.55%12.14%
Income between 150K and 250K1.57%3.91%
Income between 250K and 500K0.31%3.34%
Income greater than 500K0.31%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.03%13.81%
Professional and Related Occupations24.16%22.68%
Service15.17%14.51%
Sales and Office17.48%25.22%
Farming, Fishing, and Forestry2.57%0.68%
Construction, Extraction, and Maintenance11.31%9.37%
Production, Transportation, and Material Moving12.34%15.86%
Median Household Income

The unemployment rate in Martin, SD, is 6.60%, with job growth of 5.49%. Future job growth over the next ten years is predicted to be 44.38%.

Martin, SD Taxes

Martin, SD,sales tax rate is 6.00%. Income tax is 0.00%.

Martin, SD Income and Salaries

The income per capita is $15,469, which includes all adults and children. The median household income is $38,486.


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