Broadland, SD Economy


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Broadland town, SD is a smaller city located in the Midwest offering affordable housing and living costs. The average 2 bedroom rent in Broadland town is $850, which is significantly less than the national average of $1,430. Additionally, groceries are more affordable in Broadland town with the Grocery Cost Index sitting at 98 compared to 100 for the US.
Broadland town is home to several small businesses such as ABC Groceries, The General Store, River Waters Books & Coffee Shop, and Farley's Auto Repair. It offers many skilled job opportunities within these companies and those seeking employment can expect an average salary of around $50,000 to $60,000.

Broadland has an unemployment rate of 3.0%. The US average is 6.0%.

Broadland 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 Broadland
- The Sales Tax Rate for Broadland is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Broadland 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 Broadland
- The average income of a Broadland resident is $33,717 a year. The US average is $37,638 a year.
- The Median household income of a Broadland resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBroadland, South DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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