Jefferson township (Spink County), SD Economy


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United States / South Dakota / No Metro Area / Spink County / Jefferson township (Spink County) / Zip Codes
Jefferson Township (Spink County) in South Dakota is a great place to live. This beautiful town offers residents affordable housing with 2 bedroom rents costing around $760, which is much lower than the US average of $1,430. Grocery costs are also low in this area with a grocery cost index of 94 compared to the US index of 100. People who choose Jefferson to call home can enjoy access to plenty of local businesses and services. Notable places within the township include the Spink County Public Library, South Dakota State University Extension Services, Pipestone Rural Water Systems Inc., and Spink County Sheriff's Department. Residents have plenty of opportunities for shopping at local stores like Farm & Home Supply Co., J&L Market, and Mellette Agri-Services. The nearby city of Redfield also offers an array of amenities including restaurants, movie theaters, banks, medical facilities and more.

Jefferson township (Spink County) has an unemployment rate of 4.1%. The US average is 6.0%.

Jefferson township (Spink County) has seen the job market decrease by -2.7% 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 Jefferson township (Spink County)
- The Sales Tax Rate for Jefferson township (Spink County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Jefferson township (Spink 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 Jefferson township (Spink County)
- The average income of a Jefferson township (Spink County) resident is $43,066 a year. The US average is $37,638 a year.
- The Median household income of a Jefferson township (Spink County) resident is $133,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJefferson township (Spink County), South DakotaUnited States
  4.16
  -2.7%-6.2%
  18.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $43,066$37,638
  $133,500$69,021
  $134,000$85,028
  Population by Occupation
  37.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  18.5%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  11.1%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  33.3%4.7%
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