Taopi, SD Economy


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Taopi, SD is a small town located in the United States. It has a population of around 1,000 people and is known for its affordable living costs. Rent for two-bedroom apartments in Taopi are only $850 a month, making it an attractive option for those looking to save money while still having access to basic amenities. Additionally, grocery costs are relatively low in Taopi compared to the national average, with an index of 100 versus 100 in the US.
The town has several local businesses that contribute to the economy such as Rob's Auto Repair, Martin's Country Store, and Kataak Productions. These independent companies provide jobs and goods and services that help make life more convenient for the residents of Taopi.

Taopi has an unemployment rate of 3.2%. The US average is 6.0%.

Taopi has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Taopi
- The Sales Tax Rate for Taopi is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Taopi 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 Taopi
- The average income of a Taopi resident is $37,057 a year. The US average is $28,555 a year.
- The Median household income of a Taopi resident is $114,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTaopi, South DakotaUnited States
  3.26
  -1.1%-6.2%
  35.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $33,369$37,638
  $114,792$69,021
  $140,357$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  18.6%6.8%
  8.6%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  10.0%4.7%
  0.0%1.9%
  20.7%7.6%
  0.0%0.1%
  6.4%4.2%
  8.6%9.3%
  10.7%14.0%
  0.0%2.1%
  0.0%7.0%
  16.4%4.8%
  0.0%4.7%
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