Richland Township (Codington Cnty), SD is a great place to live. It has reasonably priced two bedroom rents that are significantly lower than the national average at $910 compared to $1,430. Additionally, the grocery cost index in Richland township is only 99 versus 100 in the US making it a more attractive option when budgeting. The local economy is vibrant with well-established businesses such as Orion Technologies, Alliance Communications and Renewable BioFuels providing goods and services. There are also plenty of recreational activities such as outdoor concerts at the Watertown Summer Theatre, shopping at the Sioux Falls Shopping Center and camping at Lake Poinsett State Park. With its convenient location, varied amenities and affordable living costs Richland Township (Codington Cnty) makes for an ideal home base for many South Dakotans.
Richland township (Codington County) has an unemployment rate of 3.5%. The US average is 6.0%.
Richland township (Codington County) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Richland township (Codington County)
- The Sales Tax Rate for Richland township (Codington County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Richland township (Codington 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 Richland township (Codington County)
- The average income of a Richland township (Codington County) resident is $35,966 a year. The US average is $28,555 a year.
- The Median household income of a Richland township (Codington County) resident is $58,750 a year. The US average is $69,021 a year.