Economy in Tea, South Dakota
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Economy
| Unemployment Rate | 4.70% | 9.10% |
| Recent Job Growth | 0.47% | -0.12% |
| Future Job Growth | 36.24% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $24,595 | $27,067 |
| Household Income | $63,655 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.54% | 12.10% |
| Income between 15K and 25K | 3.94% | 10.18% |
| Income between 25K and 35K | 6.49% | 10.56% |
| Income between 35K and 50K | 17.27% | 14.98% |
| Income between 50K and 75K | 36.90% | 19.53% |
| Income between 75K and 100K | 19.98% | 12.52% |
| Income between 100K and 150K | 9.73% | 12.14% |
| Income between 150K and 250K | 1.58% | 3.91% |
| Income between 250K and 500K | 1.23% | 3.34% |
| Income greater than 500K | 0.35% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.56% | 13.81% |
| Professional and Related Occupations | 19.11% | 22.68% |
| Service | 11.81% | 14.51% |
| Sales and Office | 31.87% | 25.22% |
| Farming, Fishing, and Forestry | 0.50% | 0.68% |
| Construction, Extraction, and Maintenance | 13.46% | 9.37% |
| Production, Transportation, and Material Moving | 15.61% | 15.86% |
The unemployment rate in Tea, SD, is 4.70%, with job growth of 0.47%. Future job growth over the next ten years is predicted to be 36.24%.
Tea, SD Taxes
Tea, SD,sales tax rate is 6.00%. Income tax is 0.00%.
Tea, SD Income and Salaries
The income per capita is $24,595, which includes all adults and children. The median household income is $63,655.
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