Fulton, SD Economy


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Fulton, South Dakota is a small town with a population of around 500 people. It has a relatively low cost of living, with the average two bedroom rent being $840 per month compared to a US average of $1,430. Groceries prices are also lower than the US average, with an index of 98 against 100 in the US. Fulton is home to many local businesses that serve its community, such as Farmer’s Co-op, which sells agricultural products and supplies; Lakeside Bar & Grill, which serves up delicious meals; and Peterson Pharmacy for medical needs. With rent and grocery costs significantly below the national average, Fulton offers residents an affordable place to call home.

Fulton has an unemployment rate of 4.4%. The US average is 6.0%.

Fulton has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.

Tax Rates for Fulton
- The Sales Tax Rate for Fulton is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Fulton 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 Fulton
- The average income of a Fulton resident is $19,196 a year. The US average is $28,555 a year.
- The Median household income of a Fulton resident is $50,536 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFulton, South DakotaUnited States
  4.46
  -2.4%-6.2%
  14.3%33.5%
  4.5%6.2%
  0.0%4.6%
  $25,458$37,638
  $50,536$69,021
  $72,500$85,028
  Population by Occupation
  4.1%1.2%
  0.0%0.5%
  24.5%6.8%
  16.3%10.0%
  0.0%2.5%
  8.2%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  4.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  4.1%4.2%
  20.4%9.3%
  0.0%14.0%
  0.0%2.1%
  14.3%7.0%
  0.0%4.8%
  4.1%4.7%
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