Palisade, SD Economy


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Palisade, SD is a small yet vibrant town located in the United States. It has an affordable cost of living, with a two bedroom rent at $830 compared to the US average of $1,430. The grocery cost index in Palisade is 103 versus 100 in the US. Not only that, the town also has several local businesses and attractions to offer. Some of these include Palisade Cafe & Catering, Mattox Motors Inc., and Green Earth Research Farm. Additionally, they are home to several tourist attractions such as Arizona Trail System and Beaver Dam Wash National Conservation Area which allow visitors to explore beautiful natural scenery.

Palisade has an unemployment rate of 3.2%. The US average is 6.0%.

Palisade has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Palisade
- The Sales Tax Rate for Palisade is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Palisade 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 Palisade
- The average income of a Palisade resident is $34,025 a year. The US average is $28,555 a year.
- The Median household income of a Palisade resident is $83,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalisade, South DakotaUnited States
  3.26
  -1.1%-6.2%
  35.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $33,971$37,638
  $83,000$69,021
  $98,438$85,028
  Population by Occupation
  4.1%1.2%
  0.0%0.5%
  0.0%6.8%
  8.1%10.0%
  0.0%2.5%
  4.9%11.0%
  7.3%4.8%
  0.0%0.8%
  9.8%1.9%
  18.7%4.7%
  0.0%1.9%
  8.9%7.6%
  0.0%0.1%
  13.8%4.2%
  8.1%9.3%
  4.1%14.0%
  4.1%2.1%
  3.3%7.0%
  0.0%4.8%
  4.9%4.7%
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