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Economy in Milbank, South Dakota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMilbank, SDUnited States
Unemployment Rate6.20%9.10%
Recent Job Growth3.83%-0.12%
Future Job Growth41.46%31.25%
Sales Taxes6.00%6.80%
Income Taxes0.00%6.25%
Income per Cap.$23,377$27,067
Household Income$37,766$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.22%12.10%
Income between 15K and 25K12.80%10.18%
Income between 25K and 35K16.85%10.56%
Income between 35K and 50K16.04%14.98%
Income between 50K and 75K19.87%19.53%
Income between 75K and 100K6.55%12.52%
Income between 100K and 150K7.21%12.14%
Income between 150K and 250K1.03%3.91%
Income between 250K and 500K2.13%3.34%
Income greater than 500K0.29%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.08%13.81%
Professional and Related Occupations17.17%22.68%
Service12.12%14.51%
Sales and Office25.97%25.22%
Farming, Fishing, and Forestry1.54%0.68%
Construction, Extraction, and Maintenance8.00%9.37%
Production, Transportation, and Material Moving18.46%15.86%
Median Household Income

The unemployment rate in Milbank, SD, is 6.20%, with job growth of 3.83%. Future job growth over the next ten years is predicted to be 41.46%.

Milbank, SD Taxes

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

Milbank, SD Income and Salaries

The income per capita is $23,377, which includes all adults and children. The median household income is $37,766.


Milbank Economy SperlingViews

Great Place to Raise Kids: Milbank is a small town with a lot to offer and a safe place to raise your children. Not a lot to do, but major cities are fairly... (read more)Have an opinion about Milbank? Leave a commentTo See All SperlingViews for Milbank Click Here