Prairie, SD Economy


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Prairie, SD is a small town with many amenities. It has a variety of businesses such as banks, restaurants, grocery stores, and retail stores. The cost of living in Prairie is quite affordable; the average 2 bedroom rent is only $870, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index here is 97 compared to 100 in the US overall. This means that groceries are even more affordable in Prairie than other places. All these factors make Prairie an ideal place to live for those who want to enjoy all the benefits of small-town life at an accessible price point.

Prairie has an unemployment rate of 3.7%. The US average is 6.0%.

Prairie has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Prairie
- The Sales Tax Rate for Prairie is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Prairie 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 Prairie
- The average income of a Prairie resident is $28,559 a year. The US average is $28,555 a year.
- The Median household income of a Prairie resident is $83,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrairie, South DakotaUnited States
  3.76
  -3.0%-6.2%
  25.0%33.5%
  4.5%6.2%
  0.0%4.6%
  $46,053$37,638
  $83,125$69,021
  $83,889$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  23.7%6.8%
  0.0%10.0%
  15.8%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  28.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  10.5%9.3%
  0.0%14.0%
  0.0%2.1%
  21.1%7.0%
  0.0%4.8%
  0.0%4.7%
Health
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