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 decrease by -3.2% 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 $51,678 a year. The US average is $37,638 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
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health
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