Kassel, SD Economy


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Kassel, SD is a small city with a population of under 1000 people located in the central part of South Dakota. It is known for its peaceful atmosphere and rural charm. The rent for a two bedroom apartment in Kassel is $930, which is significantly lower than the US average of $1,430. Additionally, grocery costs in Kassel are below the national average at an index of 96 compared to 100 nationally.
Kassel offers residents plenty to do for recreation and entertainment such as fishing in nearby lakes or visiting local businesses like Parker’s Pizza Parlor or Pheasant Point Golf Course. Local attractions include Lakeside Campground & Lodging where visitors can take advantage of the lakefront cabins and RV spots. Other activities include exploring the nearby parks or taking a drive on some of South Dakota's scenic roads.
Kassel provides many benefits to those who call it home including affordable housing options, low cost groceries, and an abundance of recreational activities right outside your door. This small community may just be the perfect place for you to call home!

Kassel has an unemployment rate of 3.6%. The US average is 6.0%.

Kassel has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.

Tax Rates for Kassel
- The Sales Tax Rate for Kassel is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Kassel 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 Kassel
- The average income of a Kassel resident is $28,273 a year. The US average is $28,555 a year.
- The Median household income of a Kassel resident is $60,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKassel, South DakotaUnited States
  3.66
  -0.1%-6.2%
  20.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $33,256$37,638
  $60,000$69,021
  $86,071$85,028
  Population by Occupation
  33.8%1.2%
  0.0%0.5%
  0.0%6.8%
  6.2%10.0%
  0.0%2.5%
  10.8%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  10.8%9.3%
  33.8%14.0%
  0.0%2.1%
  0.0%7.0%
  4.6%4.8%
  0.0%4.7%
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