Moore, SD Economy


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Moore, SD is a small rural city located in South Dakota. It has a cost of living index lower than the US average, making it an affordable place to live. The median rent for a two-bedroom home is $860 per month, and the Grocery Cost Index is 96 compared to 100 for the US as a whole. This makes it possible for families to stretch their budgets while living in Moore.
The economy of Moore is supported by local businesses like Harms Oil Company, Inc., which provides fuel and lubricants for agriculture, transportation and construction industries; Finken Auto Body & Glass, offering auto repair services; and United Security Bank, which offers personal banking solutions.

Moore has an unemployment rate of 3.9%. The US average is 6.0%.

Moore has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.2%, which is lower than the US average of 33.5%.

Tax Rates for Moore
- The Sales Tax Rate for Moore is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Moore 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 Moore
- The average income of a Moore resident is $27,199 a year. The US average is $28,555 a year.
- The Median household income of a Moore resident is $29,732 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMoore, South DakotaUnited States
  3.96
  -2.0%-6.2%
  19.2%33.5%
  4.5%6.2%
  0.0%4.6%
  $25,118$37,638
  $29,732$69,021
Family Median Income 85028
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