Theresa, SD Economy


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Theresa, SD is a small town located in the midwest region of the United States. It has a population of about 1,000 people and is an ideal place for anyone looking for a peaceful and quiet lifestyle. The average cost of renting a two bedroom apartment in Theresa is $850 which is significantly lower than the U.S. average cost of $1,430. Additionally, grocery costs are lower than the national average index with the index in Theresa set at 98 compared to 100 for the US as a whole.
There are several businesses that call Theresa home including P&H Millworks, Northern Valley Bank, Tractor Central Inc., and Mark's Automotive to name a few. Tourists also find themselves visiting this quaint town as there are many attractions available such as The Big Hill Ski Area, The Pine Creek Bed & Breakfast, and Deerhorn Valley Golf Course. Whether you’re looking to settle down or just take an enjoyable vacation, Theresa offers something for everyone.

Theresa has an unemployment rate of 3.0%. The US average is 6.0%.

Theresa has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Theresa
- The Sales Tax Rate for Theresa is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Theresa 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 Theresa
- The average income of a Theresa resident is $33,942 a year. The US average is $28,555 a year.
- The Median household income of a Theresa resident is $75,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTheresa, South DakotaUnited States
  36
  -3.2%-6.2%
  26.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $51,678$37,638
  $75,417$69,021
  $128,125$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  18.7%6.8%
  8.1%10.0%
  0.0%2.5%
  22.0%11.0%
  8.9%4.8%
  6.5%0.8%
  4.9%1.9%
  0.0%4.7%
  0.0%1.9%
  5.7%7.6%
  0.0%0.1%
  0.0%4.2%
  10.6%9.3%
  4.9%14.0%
  4.1%2.1%
  0.0%7.0%
  0.0%4.8%
  4.1%4.7%
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