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Richfield, SD Economy
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South Dakota
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Richfield, SD is a small town with a population of about 1500 people. It is located in the center of South Dakota and is an ideal place to raise a family or retire. Richfield has very affordable housing prices with the average two-bedroom rent being only $820 compared to the US average of $1,430. Additionally, Richfield has lower grocery prices than the rest of the country with an index of 95 versus 100 for the rest of the US.
The city is home to small businesses including Richfield Floral Design, Richfield Community Credit Union, and B&M Grocery Store. There are also many recreational activities available in Richfield such as hiking trails at Skyline Park, fishing at South Fork Fishing Pond, golfing at Countryside Golf Course, and camping at nearby Big Sioux Recreation Area. With its low cost of living and abundance of activities and attractions, Richfield is a great place to live and visit!
Income by Population Percent
Economy
Richfield, South Dakota
United States
Unemployment Rate
4.1
6
Recent Job Growth
-2.7%
-6.2%
Future Job Growth
18.6%
33.5%
Sales Taxes
4.5%
6.2%
Income Tax
0.0%
4.6%
Income per Cap.
37638
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