Fairburn, SD Economy


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Fairburn, SD is a small city in the state of South Dakota with a population of just over 1,000 people. It is known for its affordable cost of living with average two bedroom rent coming in at $750 per month. Additionally, Fairburn’s grocery cost index is 97 out of 100 compared to the national average which shows that food is relatively cheaper here than elsewhere in the US. Fairburn is home to several major companies including Tyson Foods and Walmart Distribution Center. The city has a variety of attractions such as the Sioux Falls State Park and the Lake Thompson Recreation Area which make it an appealing option for those looking to move somewhere new.

Fairburn has an unemployment rate of 4.3%. The US average is 6.0%.

Fairburn has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.

Tax Rates for Fairburn
- The Sales Tax Rate for Fairburn is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Fairburn 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 Fairburn
- The average income of a Fairburn resident is $19,075 a year. The US average is $28,555 a year.
- The Median household income of a Fairburn resident is $26,429 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairburn, South DakotaUnited States
  4.36
  -1.8%-6.2%
  30.0%33.5%
  4.5%6.2%
  0.0%4.6%
  $22,155$37,638
  $26,429$69,021
Family Median Income 85028
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