Hartford, SD Economy


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Hartford, SD is a small town located in South Dakota. It is a great place to live and has a low cost of living. The average rent for a two bedroom apartment is $1,000 which is lower than the US average of $1,430. The Grocery Cost Index in Hartford is also lower than the US average at 102 versus 100 in the US. There are several local companies that make Hartford an ideal place to work. Some of these include Wild Mountain RV Park & Campground, Sioux Falls Ford Lincoln, and Muth Electric Inc., just to name a few. With its low cost of living and ample job opportunities Hartford is an excellent town to call home.

Hartford has an unemployment rate of 3.2%. The US average is 6.0%.

Hartford has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Hartford
- The Sales Tax Rate for Hartford is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Hartford 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 Hartford
- The average income of a Hartford resident is $26,511 a year. The US average is $28,555 a year.
- The Median household income of a Hartford resident is $86,492 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHartford, South DakotaUnited States
  3.26
  -1.1%-6.2%
  35.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $39,851$37,638
  $86,492$69,021
  $91,522$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  9.2%6.8%
  5.6%10.0%
  4.2%2.5%
  4.0%11.0%
  10.2%4.8%
  0.3%0.8%
  1.5%1.9%
  15.5%4.7%
  0.0%1.9%
  4.6%7.6%
  0.2%0.1%
  3.5%4.2%
  7.0%9.3%
  18.1%14.0%
  0.8%2.1%
  4.8%7.0%
  5.6%4.8%
  4.0%4.7%
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