Keystone, SD Economy


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Keystone, SD is a small town in South Dakota with a population of approximately 200 people. It is known for its affordability, with rent for two bedroom apartments costing only $850 a month; much lower than the US average of $1,430. Furthermore, Keystone also has a low cost of living with the Grocery Cost Index (103) being slightly higher than the US index (100).
Despite its small size, Keystone still offers plenty of services to its residents. The local general store provides groceries and other essential goods while car dealerships like Keystone Autos provide reliable transportation. There are also some restaurants such as the Oyster Bar & Grill located downtown that provide delicious meals. In addition to these stores, there are many more businesses in the area offering various products and services.

Keystone has an unemployment rate of 3.4%. The US average is 6.0%.

Keystone has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Keystone
- The Sales Tax Rate for Keystone is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Keystone 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 Keystone
- The average income of a Keystone resident is $18,077 a year. The US average is $28,555 a year.
- The Median household income of a Keystone resident is $53,194 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeystone, South DakotaUnited States
  3.46
  -2.0%-6.2%
  35.4%33.5%
  6.5%6.2%
  0.0%4.6%
  $28,842$37,638
  $53,194$69,021
  $54,722$85,028
  Population by Occupation
  8.7%1.2%
  0.0%0.5%
  4.8%6.8%
  0.8%10.0%
  0.4%2.5%
  13.9%11.0%
  6.3%4.8%
  0.0%0.8%
  0.4%1.9%
  0.0%4.7%
  1.2%1.9%
  0.8%7.6%
  0.0%0.1%
  1.6%4.2%
  2.8%9.3%
  14.7%14.0%
  4.0%2.1%
  34.5%7.0%
  1.6%4.8%
  3.6%4.7%
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