Patten, SD Economy


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United States / South Dakota / No Metro Area / Aurora County / Patten / Zip Codes
Patten, South Dakota is a small town located in the southeast of the state. It offers an affordable lifestyle with two bedroom rent being only $800 compared to the national average of $1,430. Grocery Cost Index in Patten, SD is also low at 95 versus 100 in the US. There are many local companies and attractions in Patten that make it an excellent place to live. Some of these include Shorty's Diner, Patten Rodeo Grounds, and the Black Hills National Forest. Whether you're looking for a good meal or some outdoor recreation, Patten has something for everyone.

Patten has an unemployment rate of 2.3%. The US average is 6.0%.

Patten has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.

Tax Rates for Patten
- The Sales Tax Rate for Patten is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Patten 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 Patten
- The average income of a Patten resident is $22,843 a year. The US average is $28,555 a year.
- The Median household income of a Patten resident is $168,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPatten, South DakotaUnited States
  2.36
  -3.0%-6.2%
  20.0%33.5%
  4.5%6.2%
  0.0%4.6%
  $33,990$37,638
  $168,125$69,021
  $168,125$85,028
  Population by Occupation
  29.5%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  18.2%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  29.5%9.3%
  22.7%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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