Faith, SD is a charming rural town in the heart of South Dakota. This small town of around 600 people offers a peaceful and friendly atmosphere while still providing many amenities and attractions. The cost of living in Faith is lower than the national average, with 2 bedroom rent costing about $840 and the Grocery Cost Index in Faith being 97 versus 100 in the US.
Although small, Faith has plenty to offer residents and visitors alike. There are several local companies such as Shilo Livestock & Grain, G&M Seed & Supply, Eakin's Auto Body Shop, and Faith Fire Department that help to keep the town running smoothly. For those looking for recreation opportunities, Main Street Park provides a great place to enjoy outdoor activities like baseball and basketball; while adult entertainment can be found at nearby Buffalo Bodega Gaming Complex. There is also a variety of local eateries such as The Wild West Saloon & Restaurant, Pie Town Pizza Parlor, and Prairie Pines Cafe & Bakery for everyone to enjoy. With so much to do and see in Faith, it's easy to see why it’s such a great place to live!
Faith has an unemployment rate of 3.3%. The US average is 6.0%.
Faith has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Faith
- The Sales Tax Rate for Faith is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Faith 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 Faith
- The average income of a Faith resident is $21,836 a year. The US average is $28,555 a year.
- The Median household income of a Faith resident is $37,813 a year. The US average is $69,021 a year.