Prairie Center Township (Clay Cnty), SD is an ideal place for those looking for a cost-effective living. Rent for two-bedroom properties in the area is much lower than the national average of $1,430 at just $730. The low costs extend beyond rent with the Grocery Cost Index in Prairie Center township (Clay Cnty), SD being 99 compared to 100 in the US. For these reasons and more, local businesses like Prairie Market and Clay Stop Gas Station have flourished in recent years due to low overhead costs that they can pass on to their customers. Other businesses such as Clay County Bank provide financial services to ensure that residents have access to necessary capital when needed. These factors make Prairie Center Township (Clay Cnty), SD an attractive option for anyone looking for a cost-effective living experience.
Prairie Center township (Clay County) has an unemployment rate of 2.7%. The US average is 6.0%.
Prairie Center township (Clay County) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Prairie Center township (Clay County)
- The Sales Tax Rate for Prairie Center township (Clay County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Prairie Center township (Clay County) 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 Prairie Center township (Clay County)
- The average income of a Prairie Center township (Clay County) resident is $26,473 a year. The US average is $28,555 a year.
- The Median household income of a Prairie Center township (Clay County) resident is $49,882 a year. The US average is $69,021 a year.