Daneville, SD Economy


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Daneville, SD is a quaint town located in the Midwest region of the United States. It is known for its low cost of living; rent for two bedroom apartments averages $820 per month, which is significantly cheaper than the national average of $1,430. Additionally, grocery cost index in Daneville is 97, lower than the US average of 100. The area boasts a wide variety of local businesses and services to meet all needs. Popular restaurants include The Bluestem Bistro and JB's Diner. Local shopping centers like Walker Mall cater to all residents' needs for apparel, accessories, furniture, and more. Other essential services such as healthcare and automotive repair are provided by Dane Medical Center and A1 Auto Repair & Maintenance respectively. With a range of options that provide an optimal quality of life to its citizens, Daneville continues to draw new residents each year.

Daneville has an unemployment rate of 2.8%. The US average is 6.0%.

Daneville has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Daneville
- The Sales Tax Rate for Daneville is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Daneville 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 Daneville
- The average income of a Daneville resident is $29,167 a year. The US average is $37,638 a year.
- The Median household income of a Daneville resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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