Union township (Moody County), SD Economy


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United States / South Dakota / No Metro Area / Moody County / Union township (Moody County) / Zip Codes
Union township (Moody Cnty), SD, is a small community located in the midwest. The area is known for its charm and friendly atmosphere. Residents enjoy the affordable cost of living and housing costs, with 2 bedroom rents averaging around $840 and grocery cost index at 98 versus 100 compared to national averages. The town is home to many local businesses such as Moody County Mutual Insurance Agency, Union Township Fire Department, and J&S Hardware Store. All of these establishments work together to provide a strong economy and sense of community for those who live in the area. The town also has a rich culture full of art galleries, music events, community activities, and more. It's no wonder why so many people choose to live or visit Union Township (Moody Cnty).

Union township (Moody County) has an unemployment rate of 3.2%. The US average is 6.0%.

Union township (Moody County) has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Union township (Moody County)
- The Sales Tax Rate for Union township (Moody County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Union township (Moody 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 Union township (Moody County)
- The average income of a Union township (Moody County) resident is $5,897 a year. The US average is $37,638 a year.
- The Median household income of a Union township (Moody County) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnion township (Moody County), South DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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