Alden, SD Economy


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United States / South Dakota / No Metro Area / Hand County / Alden / Zip Codes
Alden, SD is a small town located in the countryside that has plenty to offer. It is home to some local companies like Alden Country Store, Menno Meats and Miller's Custom Woodworking. It also boasts several amenities such as a public library and post office, an outdoor swimming pool and several baseball fields. The cost of living is relatively low in Alden too; 2 bedroom rent averages at $820 compared to the US average of $1,430. Grocery Cost Index in Alden is 98 versus 100 in the US. All these factors make Alden an attractive place to live for those looking for a peaceful yet reasonably priced lifestyle.

Alden has an unemployment rate of 2.3%. The US average is 6.0%.

Alden has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Alden
- The Sales Tax Rate for Alden is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Alden 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 Alden
- The average income of a Alden resident is $0 a year. The US average is $28,555 a year.
- The Median household income of a Alden resident is $76,429 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlden, South DakotaUnited States
  2.36
  -0.2%-6.2%
  21.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $38,087$37,638
  $76,429$69,021
  $76,429$85,028
  Population by Occupation
  81.8%1.2%
  0.0%0.5%
  18.2%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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