Myron, SD Economy


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United States / South Dakota / No Metro Area / Faulk County / Myron / Zip Codes
Myron, SD is a small town with a population of approximately 4,000 people. It has great amenities and offers a wide range of recreational activities for all ages. The rent for a two-bedroom apartment in Myron is $830, which is much lower than the US average of $1,430. Additionally, grocery costs are significantly lower in Myron with an index rate of 97 compared to US average rate of 100. There are many local businesses in Myron such as Mel's Diner, Greenway Grocery and the Myron Post office that offer residents convenient services.
Overall, Myron is an attractive place to live primarily due to its affordable cost of living, abundance of recreational activities and friendly atmosphere. With its excellent public school system and ample job opportunities at the many local businesses, there are plenty of reasons to consider making Myron your home.

Myron has an unemployment rate of 2.2%. The US average is 6.0%.

Myron 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 22.2%, which is lower than the US average of 33.5%.

Tax Rates for Myron
- The Sales Tax Rate for Myron is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Myron 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 Myron
- The average income of a Myron resident is $22,645 a year. The US average is $28,555 a year.
- The Median household income of a Myron resident is $95,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMyron, South DakotaUnited States
  2.26
  -1.7%-6.2%
  22.2%33.5%
  4.5%6.2%
  0.0%4.6%
  $15,794$37,638
  $95,500$69,021
Family Median Income 85028
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