Hickman, SD Economy


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United States / South Dakota / No Metro Area / Marshall County / Hickman / Zip Codes
Hickman, SD is a quiet town located in the heart of South Dakota. It is an ideal place to live for those who prefer a small-town feel and enjoy the laid-back lifestyle. Apartments in Hickman are quite affordable, with the average two bedroom rent costing only $850 compared to a US average of $1,430. Additionally, grocery prices in Hickman are relatively inexpensive with a Grocery Cost Index of 96 versus 100 in the United States. Local businesses include White’s Trucking & Excavating, L&L Electric LLC, The Green Thumb Garden Center, and Hickman Family Pharmacy.

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

Hickman has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.

Tax Rates for Hickman
- The Sales Tax Rate for Hickman is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Hickman 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 Hickman
- The average income of a Hickman resident is $42,447 a year. The US average is $28,555 a year.
- The Median household income of a Hickman resident is $59,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHickman, South DakotaUnited States
  4.46
  1.7%-6.2%
  12.9%33.5%
  4.5%6.2%
  0.0%4.6%
  $77,286$37,638
  $59,750$69,021
Family Median Income 85028
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