Riverside township (Clay County), SD Economy


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United States / South Dakota / Vermillion Metro Area / Clay County / Riverside township (Clay County) / Zip Codes
Riverside township (Clay Cnty), South Dakota is an ideal place for those looking to save money while still enjoying the convenience of living near modern amenities. The town's two bedroom rents are significantly lower than the national average, with $850 per month instead of $1,430. Additionally, food costs in Riverside township are also cheaper than average, as measured by the grocery cost index. The town has many local businesses to choose from such as Clay County Supermarket, Riverside Cafe & Pizza and Crystal Motors. Residents enjoy all the benefits of small-town life while being just a short drive away from larger cities like Sioux Falls and Fargo.

Riverside township (Clay County) has an unemployment rate of 2.7%. The US average is 6.0%.

Riverside township (Clay County) has seen the job market decrease by -5.0% 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 Riverside township (Clay County)
- The Sales Tax Rate for Riverside township (Clay County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Riverside 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 Riverside township (Clay County)
- The average income of a Riverside township (Clay County) resident is $21,987 a year. The US average is $37,638 a year.
- The Median household income of a Riverside township (Clay County) resident is $80,179 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRiverside township (Clay County), South DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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