Redfield, SD is a small city located in Spink County. It has an estimated population of 2,500 people and an area of 1.77 sq mi. Redfield offers a quieter lifestyle with the benefit of lower cost of living than many other cities across the US. The average rent for a two bedroom apartment is $850 per month, which is less than half of the national average for two bedroom apartments at $1,430 per month. Additionally, grocery costs are approximately 4% cheaper than in most other areas with a grocery cost index of 96 versus 100 nationally.
The city is home to several local businesses including BankWest, Lynn’s Super Valu Grocery Store, and Landmark Implement Inc. Redfield also boasts numerous parks such as Sunnyside Park and Redfield City Park that offer outdoor recreational activities such as fishing, boating and picnicking for residents to enjoy.
Redfield has an unemployment rate of 4.1%. The US average is 6.0%.
Redfield has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Redfield
- The Sales Tax Rate for Redfield is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Redfield 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 Redfield
- The average income of a Redfield resident is $22,036 a year. The US average is $28,555 a year.
- The Median household income of a Redfield resident is $50,179 a year. The US average is $69,021 a year.