Geddes, SD Economy


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Geddes, SD is a small rural town with a population of around 620 people. It's a great place to live for those looking for a more laid-back lifestyle. Geddes is home to several local businesses such as Geddes Bar & Grill, Eagle Lumber Company, and Biel’s Bakery. The cost of living in Geddes is relatively low compared to the US average. 2 bedroom rental homes in Geddes only cost $850 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Geddes is 96 compared to 100 in the US on average.

Geddes has an unemployment rate of 3.9%. The US average is 6.0%.

Geddes has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.2%, which is lower than the US average of 33.5%.

Tax Rates for Geddes
- The Sales Tax Rate for Geddes is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Geddes 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 Geddes
- The average income of a Geddes resident is $27,860 a year. The US average is $28,555 a year.
- The Median household income of a Geddes resident is $47,273 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGeddes, South DakotaUnited States
  3.96
  -2.0%-6.2%
  19.2%33.5%
  4.5%6.2%
  0.0%4.6%
  $29,373$37,638
  $47,273$69,021
  $61,250$85,028
  Population by Occupation
  9.0%1.2%
  0.0%0.5%
  1.3%6.8%
  19.2%10.0%
  5.1%2.5%
  14.1%11.0%
  0.0%4.8%
  2.6%0.8%
  0.0%1.9%
  2.6%4.7%
  1.3%1.9%
  0.0%7.6%
  0.0%0.1%
  2.6%4.2%
  6.4%9.3%
  6.4%14.0%
  0.0%2.1%
  6.4%7.0%
  14.1%4.8%
  9.0%4.7%
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