South Shore, SD Economy


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South Shore, SD, is a small city located in the United States. It has a population of just over 8,000 people and is known for its low cost of living. The average two-bedroom rent in South Shore is only $880 per month, while the US average is much higher at $1,430. Additionally, the Grocery Cost Index in South Shore is 97, lower than the US index of 100. This small city offers many amenities to its residents including being home to several local companies such as South Shore Bank, South Shore Computer Services, and South Shore Groceries. South Shore also boasts excellent outdoor activities due to its close proximity to Lake Erie and nearby state parks.

South Shore has an unemployment rate of 3.5%. The US average is 6.0%.

South Shore has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.

Tax Rates for South Shore
- The Sales Tax Rate for South Shore is 4.5%. The US average is 7.3%.
- The Income Tax Rate for South Shore 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 South Shore
- The average income of a South Shore resident is $23,294 a year. The US average is $28,555 a year.
- The Median household income of a South Shore resident is $49,732 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Shore, South DakotaUnited States
  3.56
  -2.6%-6.2%
  25.8%33.5%
  4.5%6.2%
  0.0%4.6%
  $44,401$37,638
  $49,732$69,021
  $52,917$85,028
  Population by Occupation
  14.8%1.2%
  0.0%0.5%
  5.6%6.8%
  16.9%10.0%
  2.1%2.5%
  20.4%11.0%
  9.9%4.8%
  0.0%0.8%
  0.0%1.9%
  0.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  15.5%4.2%
  8.5%9.3%
  2.8%14.0%
  0.7%2.1%
  0.7%7.0%
  1.4%4.8%
  0.0%4.7%
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