Brookings, SD County is a great place to live with a low cost of living. The average two bedroom rent in Brookings is $870 per month, compared to the national average of $1430. The grocery cost index in Brookings is also lower than the US average at 99 compared to 100. Residents of Brookings benefit from being located close to several Fortune 500 companies such as 3M Company and RTI Surgical, Inc. Additionally, the local economy benefits from industries like technology, manufacturing and agriculture. When considering where you want to live, Brookings should be on your list due its low cost of living and abundance of job opportunities.
Brookings County has an unemployment rate of 3.1%. The US average is 6.0%.
Brookings County has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Brookings County
- The Sales Tax Rate for Brookings County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Brookings 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 Brookings County
- The average income of a Brookings County resident is $29,775 a year. The US average is $37,638 a year.
- The Median household income of a Brookings County resident is $59,178 a year. The US average is $69,021 a year.