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Onaka, SD Economy
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United States
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South Dakota
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Faulk County
/ Onaka /
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Onaka, SD is a small town located in the heart of South Dakota. It has a population of only a few hundred and is comprised mainly of friendly locals and family-run businesses. The cost of living in Onaka is significantly lower than the US average. Rent for 2 bedroom apartments averages at $820 per month, which is much more affordable when compared to the US average of $1,430. The grocery cost index here in Onaka is 97 versus 100 in the US, meaning groceries are much more affordable than most places too. The town's main businesses are mostly family-run enterprises like DeBoer Contracting, NoBettaBBQ, and Furniture 4 Less. All these local companies provide necessary services and products to those who live or visit Onaka, making it an economical yet pleasant place to be!
Income by Population Percent
Economy
Onaka, South Dakota
United States
Unemployment Rate
2.2
6
Recent Job Growth
-1.7%
-6.2%
Future Job Growth
22.2%
33.5%
Sales Taxes
4.5%
6.2%
Income Tax
0.0%
4.6%
Income per Cap.
$3,004
$37,638
Household Income
69021
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