McPherson County, SD Economy


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United States / South Dakota / No Metro Area / McPherson County / Cities / Zip Codes
McPherson, SD County is an attractive destination for those seeking a peaceful and affordable place to live. With a two bedroom rent of $830 compared to the national average of $1,430, it is easy to see why people are drawn to this location. The low cost of living in McPherson is further exemplified by its grocery index being 96 versus 100 on a national level. There are many local companies in the area such as J & R Motors and B & R Auto Sales, where you can find quality vehicles at competitive prices. If you are looking for something more leisurely, there are also several tourist attractions such as the McPherson Museum and Arts Foundation or the McPherson Opera House. No matter what your interests may be, McPherson has something to offer everyone.

McPherson County has an unemployment rate of 4.0%. The US average is 6.0%.

McPherson County has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.

Tax Rates for McPherson County
- The Sales Tax Rate for McPherson County is 4.5%. The US average is 7.3%.
- The Income Tax Rate for McPherson 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 McPherson County
- The average income of a McPherson County resident is $22,515 a year. The US average is $28,555 a year.
- The Median household income of a McPherson County resident is $54,324 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcPherson, South DakotaUnited States
  46
  0.1%-6.2%
  10.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $38,809$37,638
  $54,324$69,021
  $67,361$85,028
  Population by Occupation
  23.4%1.2%
  0.0%0.5%
  9.4%6.8%
  6.5%10.0%
  2.9%2.5%
  7.0%11.0%
  2.2%4.8%
  0.3%0.8%
  2.3%1.9%
  1.7%4.7%
  0.0%1.9%
  3.5%7.6%
  0.0%0.1%
  4.4%4.2%
  9.3%9.3%
  17.4%14.0%
  0.2%2.1%
  2.3%7.0%
  2.1%4.8%
  5.2%4.7%
Health