Garfield township (Clay County), SD Economy


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Garfield township (Clay Cnty), SD is a great place to live, with low rental costs and affordability. It has a grocery cost index of 98 compared to 100 in the US, making it an attractive area for those looking for value. Local companies and services in Garfield township (Clay Cnty), SD include Clay County Medical Center, which provides excellent healthcare services; Clay County Bank, which offers banking services; and Ace Hardware Store, which provides quality hardware supplies. Other local businesses include restaurants like Pizza Hut and Subway; auto repair shops like Best Auto Repair; grocery stores like Piggly Wiggly; and clothing stores like Goodwill Thrift Store. All these businesses provide quality goods and services at competitive prices, making Garfield township (Clay Cnty), SD an attractive destination for both visitors and locals alike.

Garfield township (Clay County) has an unemployment rate of 2.7%. The US average is 6.0%.

Garfield township (Clay County) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.

Tax Rates for Garfield township (Clay County)
- The Sales Tax Rate for Garfield township (Clay County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Garfield township (Clay 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 Garfield township (Clay County)
- The average income of a Garfield township (Clay County) resident is $16,154 a year. The US average is $28,555 a year.
- The Median household income of a Garfield township (Clay County) resident is $107,344 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGarfield township (Clay County), South DakotaUnited States
  2.76
  -5.0%-6.2%
  33.3%33.5%
  4.5%6.2%
  0.0%4.6%
  $32,663$37,638
  $107,344$69,021
  $108,125$85,028
  Population by Occupation
  23.5%1.2%
  0.0%0.5%
  0.0%6.8%
  10.9%10.0%
  0.0%2.5%
  10.1%11.0%
  5.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  23.5%9.3%
  11.8%14.0%
  0.0%2.1%
  7.6%7.0%
  7.6%4.8%
  0.0%4.7%
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