Jackson Township (Sanborn Cnty), SD is a small town located in the southeastern part of the state. It is home to approximately 5,000 people and is known for its low cost of living and many local businesses. Rent in Jackson Township averages at $830 per month for two bedroom apartments, which is significantly lower than the average national rent of $1,430. Additionally, grocery costs are much lower here than the rest of the United States with an index score of 96 versus 100 nationally. \nThe local economy benefits from businesses such as Sanborn Remedies Inc., Sanborn County Bank, Sanborn Grain Inc., and several other small businesses that offer goods and services to locals. This affordable area provides residents with a comfortable lifestyle while also having access to all that South Dakota has to offer.
Jackson township (Sanborn County) has an unemployment rate of 3.3%. The US average is 6.0%.
Jackson township (Sanborn County) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 11.4%, which is lower than the US average of 33.5%.
Tax Rates for Jackson township (Sanborn County)
- The Sales Tax Rate for Jackson township (Sanborn County) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Jackson township (Sanborn County) 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 Jackson township (Sanborn County)
- The average income of a Jackson township (Sanborn County) resident is $28,350 a year. The US average is $37,638 a year.
- The Median household income of a Jackson township (Sanborn County) resident is $98,750 a year. The US average is $69,021 a year.