Fair, SD is a small town in South Dakota with an estimated population of around 7,000 people. It is known to be one of the most affordable places to live in the state, offering two bedroom rentals for only $830 a month when compared to the national average of $1,430. Additionally, the Grocery Cost Index in Fair stands at 94 while the US index is at 100. This means that groceries are even more affordable than elsewhere in the country. A range of local businesses call this city home such as J And J Electronics Inc., Edlund Manufacturing Company, and Black Hills Surgical Hospital.
Fair has an unemployment rate of 3.6%. The US average is 6.0%.
Fair has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Fair
- The Sales Tax Rate for Fair is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Fair 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 Fair
- The average income of a Fair resident is $59,668 a year. The US average is $28,555 a year.
- The Median household income of a Fair resident is $78,750 a year. The US average is $69,021 a year.