Olean, SD Economy


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United States / South Dakota / No Metro Area / Spink County / Olean / Zip Codes
Olean, SD is a small town located in the United States with its population size remaining undisclosed. In comparison to the US, Olean, SD offers more affordable accommodation choices for 2 bedrooms at approximately $780 per month and groceries at around 98 on the Cost Index. Local companies in this area include D & E Trucking LLC, Olean Gas Company Inc., and J&J Concrete. Tourists of Olean can enjoy a variety of attractions such as Stoneridge Golf Course, Firesteel Creek Winery, Lake Vermillion Recreation Area, and Fairgrounds Park.

Olean has an unemployment rate of 4.1%. The US average is 6.0%.

Olean 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 18.6%, which is lower than the US average of 33.5%.

Tax Rates for Olean
- The Sales Tax Rate for Olean is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Olean 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 Olean
- The average income of a Olean resident is $75,737 a year. The US average is $28,555 a year.
- The Median household income of a Olean resident is $71,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOlean, South DakotaUnited States
  4.16
  -2.7%-6.2%
  18.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $18,158$37,638
  $71,250$69,021
Family Median Income 85028
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