Virgil town (Beadle County), SD Economy


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Virgil town, SD is a vibrant community with numerous opportunities for its residents and visitors. It's 2 bedroom rent is much lower than the national average, making it a great place to call home. The Grocery Cost Index in Virgil Town is also significantly cheaper than the US average, making it even more affordable.
The local businesses in Virgil town play an important role in keeping the economy strong. Some of these businesses include Joe's Home Improvement Center which offers handyman services and supplies for do-it-yourselfers; Stables Supply Post that provides all your outdoor apparel, camping gear and accessories; and Joe's Auto Body Shop, offering a full range of auto repair services from tune-ups to bodywork repairs. These businesses not only provide jobs to local citizens but are also essential for providing goods and services to the community of Virgil Town.

Virgil town (Beadle County) has an unemployment rate of 3.0%. The US average is 6.0%.

Virgil town (Beadle County) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Virgil town (Beadle County)
- The Sales Tax Rate for Virgil town (Beadle County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Virgil town (Beadle 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 Virgil town (Beadle County)
- The average income of a Virgil town (Beadle County) resident is $26,386 a year. The US average is $37,638 a year.
- The Median household income of a Virgil town (Beadle County) resident is $50,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVirgil town (Beadle County), South DakotaUnited States
  36
  -3.2%-6.2%
  26.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $26,386$37,638
  $50,000$69,021
  $81,250$85,028
  Population by Occupation
  47.1%1.2%
  0.0%0.5%
  11.8%6.8%
  11.8%10.0%
  0.0%2.5%
  11.8%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  5.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  11.8%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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