Rome township (Davison County), SD Economy


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Rome Township (Davison Cnty), South Dakota, is a great area for those looking for a cost-effective place to live. The 2 bedroom rent in the area is $1,040, compared to $1,430 in the US in general; making it a good option for budget conscious residents. It is also appealing for groceries, with 98 on the Grocery Cost Index compared to 100 in the US. The local economy has a few small businesses such as farming and oil production. There are also some local attractions including Chippewa Nature Center and Gera Farms Corn Maze.

Rome township (Davison County) has an unemployment rate of 2.9%. The US average is 6.0%.

Rome township (Davison County) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.

Tax Rates for Rome township (Davison County)
- The Sales Tax Rate for Rome township (Davison County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Rome township (Davison 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 Rome township (Davison County)
- The average income of a Rome township (Davison County) resident is $31,895 a year. The US average is $37,638 a year.
- The Median household income of a Rome township (Davison County) resident is $100,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRome township (Davison 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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