Centerville township (Faulk Cnty), SD is a small town located in the heart of South Dakota. It has a population of around 1,000 people and offers a tranquil environment for its residents. The area has plenty of amenities to offer such as parks and recreation facilities, retail shops, restaurants and more. Rent is fairly low compared to other places in the US, with a two-bedroom averaging around $910 per month. Grocery shopping is also relatively inexpensive when compared to the national average with the index being 96 versus 100 in the US.
Local companies are varied and include small businesses such as convenience stores, hardware stores, gas stations and agricultural services. There is also some light industrial activity present within Centerville township that provides jobs for locals. The economy mainly revolves around agriculture due to its rural location however there are some small industries which provide additional employment opportunities for residents.
Centerville township (Faulk County) has an unemployment rate of 2.2%. The US average is 6.0%.
Centerville township (Faulk County) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Centerville township (Faulk County)
- The Sales Tax Rate for Centerville township (Faulk County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Centerville township (Faulk 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 Centerville township (Faulk County)
- The average income of a Centerville township (Faulk County) resident is $11,537 a year. The US average is $37,638 a year.
- The Median household income of a Centerville township (Faulk County) resident is $0 a year. The US average is $69,021 a year.