Pennington, SD County is a great place to live and work. It has a low cost of living with median 2 bedroom rent at $1,000 and an average grocery cost index of 101 compared to the US average of 100. Notable businesses operating in the area include Sanford Health, Black Hills Gas, Rushmore Plaza Civic Center, and Black Hills Surplus. The city also hosts several events throughout the year such as the South Dakota Festival of Books and the Sturgis Motorcycle Rally. Living in Pennington offers an affordable lifestyle with many opportunities for employment.
Pennington County has an unemployment rate of 3.4%. The US average is 6.0%.
Pennington County has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Pennington County
- The Sales Tax Rate for Pennington County is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Pennington County 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 Pennington County
- The average income of a Pennington County resident is $26,906 a year. The US average is $28,555 a year.
- The Median household income of a Pennington County resident is $62,546 a year. The US average is $69,021 a year.