St. Charles, SD Economy


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United States / South Dakota / No Metro Area / Gregory County / St. Charles / Zip Codes
St. Charles, SD is an attractive small town located in the Midwest region of the United States. It offers a range of amenities and services to its residents, such as affordable 2 bedroom rentals at $760 per month and grocery costs that are below the US index score. The local economy is driven by businesses such as St. Charles Feed & Grain, Blaha Auto Parts, Durkin Floor Covering, and Mahoney’s Music Store. These companies provide employment opportunities to the community and contribute to its economic growth. Additionally, St. Charles has several parks that provide recreational opportunities for locals and visitors alike while preserving natural areas of great beauty. There is also a vibrant arts culture scene in the city with a variety of events held throughout the year featuring local musical acts, art exhibitions, comedy performances, and other cultural activities.

St. Charles has an unemployment rate of 2.8%. The US average is 6.0%.

St. Charles has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.

Tax Rates for St. Charles
- The Sales Tax Rate for St. Charles is 4.5%. The US average is 7.3%.
- The Income Tax Rate for St. Charles 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 St. Charles
- The average income of a St. Charles resident is $5,738 a year. The US average is $37,638 a year.
- The Median household income of a St. Charles resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Charles, South DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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