Henden, SD Economy


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United States / South Dakota / No Metro Area / Miner County / Henden / Zip Codes
Henden, SD is a small town located in the Midwest region of the United States. It has a friendly atmosphere and strong community ties that make it a great place to live. The cost of living in Henden, SD is significantly lower than other cities, with 2 bedroom rent at only $860, compared to the US average of $1430. Grocery costs also have a much lower index at 97 compared to 100 for the US as a whole. Local businesses that contribute to the economy of Henden are restaurants like Mo’s Café and Tony’s Pizza, stores like Big J’s Supermarket, and entertainment venues such as Gully Gulch Amusement Park. All in all, Henden is an affordable and pleasant place to live with plenty of economic opportunities for its citizens.

Henden has an unemployment rate of 3.8%. The US average is 6.0%.

Henden has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.

Tax Rates for Henden
- The Sales Tax Rate for Henden is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Henden 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 Henden
- The average income of a Henden resident is $74,933 a year. The US average is $28,555 a year.
- The Median household income of a Henden resident is $38,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHenden, South DakotaUnited States
  3.86
  -4.4%-6.2%
  25.3%33.5%
  4.5%6.2%
  0.0%4.6%
  $23,865$37,638
  $38,750$69,021
Family Median Income 85028
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